Gmgmgmgm Square Fam!
Happy Monday.
This is the 30th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will look at some important ecosystem updates.
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, NGL, it's impressive to see that the price action has started to consolidate, as well as on the 14 EMA, testing its resilience in terms of support.
Although we are seeing a slight decline today, we have to see some increasing volumes in order to continue the upside scenario.
Now, to the numbers.
Support: 4.5 -5.0 USD
Resisstance: 5.1 - 5.4 USD
Other conditions: RSI seems to be retracing after hitting the 46, and currently sitting at 42.7ish, while derivatives volume is up by +44%, which is also interesting.
Now, we wait.
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
Block State
Today marks an important milestone in the Internet Computer's history, where the block count surpasses 5 billion since Mercury genesis.
Fully sending network activity to the moon should be the key now.
LFG
Internet Identity Stats
Together with the weekend activity, the network saw approximately 2K entities onboarding the network.
Nice.
Burned ICP Stats
This accounts for 18.4K ICP, worth 92.4K USD vanishing from the circulation supply, within the weekend.
Number of Active Addresses | ICTerminal
These metrics account for 8.4K unique addresses actively roaming across the mainnet within the last 24 hours.
3/ NFT Stats
Sources: DGDG and bioniq
1️⃣Motoko Ghosts --> 🔻36 ICP
2️⃣BTC Flower --> 30 ICP
3️⃣Peeladies --> 🔺3.8 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 --> 🔺2 ICP
🔟Charles by onicai --> 0.00085 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️Kinic --> 1.3 USD @ 8M USD Marketcap (🔺103%)
➡️WaterNeuron --> 0.12 USD @ 14.8M USD Marketcap (🔺40%)
➡️Elna --> 0.009 USD @ 2.3M USD Marketcap (🔺19%)
🟣Losers
➡️ICExplorer --> 0.002 USD @ 2.6M USD Marketcap (🔻20%)
➡️NFID --> 0.001 USD @ 2.6M USD Marketcap (🔻9%)
➡️Dragginz --> 0.0016 USD @ 13.2M USD Marketcap (🔻6%)
5/ Inside the ICVerse🧑🚀
🟪 8 Voting Proposal in the NNS.
🟪2 Voting Proposals in the Kongswap SNS.
🟪TVL on NNS: 1.161 Billion USD [🔺7.3%]
🟪TVL on ICP DeFi By DefiLlama: 29.5M USD [🔺6.3%]
Updates from the DFINITY Foundation🔮
➡️The foundation's Chief Scientist, Dominic Williams, ships explanation on why Caffeine is not vibe coding.
➡️The Moonbit CDK is live on the Internet Computer.
➡️A short video where the legend Dr Jan Camenisch explains why ICP is the best place for Artificial Intelligence development.
6/ Updates from the ICP ecosystem
➡️LiquidiumFi will be at TheBitcoinConf in Las Vegas.
➡️Junobuild ships latest software updates, refactors the dev environment to mimic production.
➡️Chicken Jockey goes live on Cubetopia.
➡️Kongswap wraps up community call.
➡️OpenChat will be live at the ICPHUB UK meetup.
➡️onicaiHQ to ship alpha testing of funnai.
➡️OPENFPL ships video with the OG LimestoneCowboy.
➡️Dragginz ships weekly update.
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 #USElectronicsTariffs fam.
I'll see ya tomorrow with your daily dose on ICP🫡
Until then, take care👋
