Gmgmgmgm Square Fam!
This is the 28th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will deep dive into some important alpha.
Before we start..
I've put a lot of effort and time into this series, so if you don't mind, please consider liking this episode and supporting me by subscribing.
This will help me provide you with more quality information, thank you🫶
Let's go🫡
1/ $ICP Price Action
Well, this is nice, the price action is rebounding with a little bit of momentum.
Currently, there is a battle with the 14EMA in terms of accelerating further.
Now, to the numbers.
Support: 4.7 - 5.0 USD
Resisstance: 5.3 - 5.5 USD
Other conditions: increasing volumes are a key factor to have an eye on, while derivative volume on futures data is down by minus 18%, which seems like a divergance, but it would be better to wait for further confirmation in this case.
Note that we are discussing long-term price action here, due to the massive volatility in the cryptocurrency market.
As always, remember to do proper research before aping in AS THIS IS NFA🙏
2/ Onchain Stats
Sources: ICP Dashboard and ICTerminal
Internet Identity Stats
The momentum accelerates further.
Within the last 24 hours, activity reports 500+ entities onboarding the Internet Computer.
Burned ICP Stats
This accounts for an impressive 6.39K ICP, worth approximately 32K USD, vanishing from the circulation supply.
Neurons Stats
This accounts for 300+ neurons being spawned by the community in order to prepare for governance.
Number of Active Addresses | icterminal
Hmm, a slight dip, but that would not stop the ICP patriots.
As you can see here, this accounts for around 8.6K unique entities roaming across the mainnet over the last 24 hours.
MINGA🦅
3/ NFT Stats
Sources: DGDG and bioniq
1️⃣Motoko Ghosts --> 37 ICP
2️⃣BTC Flower --> 30 ICP
3️⃣Peeladies --> 2.1 ICP
4️⃣icbucks by EgidoVal --> 1.75 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 50 ICP
6️⃣Goated Gamer by The_Swop --> 3K sats ckBTC
7️⃣Motoko Sentinels--> 0.00049 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.4 ICP
🔟Charles by onicai --> 0.00085 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️Sonic --> 0.027 USD @ 3.4M USD Marketcap (🔺107%)
➡️Motoko --> 0.097 USD @ 5.3M USD Marketcap (🔺36%)
➡️NFID --> 0.001 USD @ 2.5M USD Marketcap (🔺26%)
🟣Losers
➡️Querio --> 0.017 USD @ 67K USD Marketcap (🔻7.4%)
➡️BoB --> 0.48 USD @ 8.2M USD Marketcap (🔻5%)
5/ Inside the ICVerse🧑🚀
🟪1 Voting Proposal in the NNS.
🟪2 Voting Proposals in the Dragginz SNS.
🟪TVL on NNS: 1.081 Billion USD [🔺8.6%]
🟪TVL on ICP DeFi By DefiLlama: 27.8M USD [🔺3.9%]
Updates from the DFINITY Foundation🔮
➡️The foundation is all set to conduct the World Computer Summit in Zürich this year.
➡️An explanation on how ICP is solving an important issue in the industry, which is storage, is live.
➡️A video where the legend CanessaEmilio explains how the network is on a mission to accelerate global adoption is live.
➡️oisy completes migration to the new Internet Identity domain.
6/ Updates from the ICP ecosystem
➡️ICPSwap completes phase 1 of v3.6 internal testing, ships the demo, and fixes the issue around their Domain Name Service.
➡️junobuild the latest blog post.
➡️querio's ICP bridge goes live on the mainnet.
➡️The legendary Gekctek ships the base encoder package for the Motoko programming language.
➡️OpenFPL ships interview video with the OG daydrinkr, their CM
➡️PersonalDAO ships latest updates.
Well, that's all for today😇
Hats off for staying this far🫡
Now, before we wind up, feel free to share this with everyone who might lack some ICP Alpha, especially to our #SecureYourAssets fam.
I'll see ya tomorrow with your weekly recap on ICP🫡
Until then, take care👋
