Gmgmgmgm Square Fam!
This is the 32nd edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will explore 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
The price action continues to hold steadily, even with very volatile macroeconomics, which is interesting.
Although it's noticeable that the price action is still trying to take over the 14 EMA, we still have some hopium left in the tank, unless volumes drop further, pushing towards a possible decline towards the 4.2 USD level.
Now, into the numbers.
Support: 4.5 - 5.0 USD
Resisstance: 5.1 - 5.4 USD
Others: derivatives voluems also sitting at 125M USD with open interest, with open interest at record lows around 44M USD, along with net positive funding rates, which is also nice.
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
Nice, the momentum is picking up.
Within the last 24 hours, 800+ entities onboarded the Internet Computer.
Burned ICP Stats
This accounts for 6.4K ICP, worth 31.1K USD at these ranges, vanishing from the circulation supply within the last 24 hours.
Number of Active Addresses | ICTerminal
Nicceeee.
There was an impressive 8.5K unique addresses roaming across the Internet Computer 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 --> 🔺3.5K sats ckBTC
7️⃣Motoko Sentinels--> 0.00049 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.99 ICP
🔟Charles by onicai --> 0.00085 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️NFID --> 0.002 USD @ 6M USD Marketcap (🔺68%)
➡️Sonic --> 0.04 USD @ 5.1M USD Marketcap (🔺40%)
➡️Elna --> 0.016 USD @ 4.2M USD Marketcap (🔺26%)
🟣Losers
➡️Kinic --> 0.93 USD @ 5.7M USD Marketcap (🔻16%)
➡️WaterNeuron --> 0.1 USD @ 11.7M USD Marketcap (🔻12%)
➡️Windoge98 --> 0.09 USD @ 974K USD Marketcap (🔻8%)
5/ Inside the ICVerse🧑🚀
🟪1 Voting Proposal in the NNS.
🟪1 Voting Proposal in the ICFC SNS.
🟪TVL on NNS: 1.105 Billion USD [🔻4%]
🟪TVL on ICP DeFi By DefiLlama: 29.3M USD [🔻1%]
Updates from the DFINITY Foundation🔮
➡️The latest episode of World Computer Tech Talks with samuelburri is live.
➡️Paris Blockchain Week recap from the foundation is live.
➡️The foundation is all set for the 4YA on the 3rd June 2025 in Zürich.
➡️ICPHUB US ships the latest episode of ICP United.
6/ Updates from the ICP ecosystem
➡️OdinFun to resume operations today at 7 PM UTC.
➡️GoldDAO shared AMA recording.
➡️DSCVR wraps up Toy Machine S1.
➡️OpenFPL ships interview with their Head of Ops, KellyHowlett.
➡️ICPEx ships the list of upcoming 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 #CanadaSOLETFLaunch fam.
I'll see ya tomorrow with your daily dose on ICP🫡
Until then, take care👋
