Gmgmgmgm Square Fam!
This is the 41st edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
It's time for some alpha across the network.
Before we start..
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This will help me provide you with more quality information, thank you🫶
Let's go🫡
1/ $ICP Price Action
Hmm, another day with strong consolidation, in terms of action.
Currently, the price action is facing a slight rejection from the 50 EMA, as noticed here, and could expect to break through if volumes increase in a rapid pace.
Now, into the number ranges:
Support: 4.8 - 5.4 USD
Resistance: 5.5 - 5.8 USD
Other conditions: Derivatives volumes are up by a staggering 27%, might be an indication of a potential divergence at this case, but better to lookout for the breakout scenario.
As always, remember to do proper research before aping in AS THIS ANALYSIS IS SOLELY FOR EDUCATIONAL PURPOSES, AND IS NFA🙏
2/ Onchain Stats
Burn Stats
It's nice to see a detailed view of the metric.
This accounts for 8.9K ICP, worth 44.5K USD at these ranges, evaporating from the circulation supply, within the last 24 hours.
Supply held by Dophins | ICterminal
Nice.
So, in case you are new here, dolphins are the entities that hold between 1K to 5K ICP.
Their accumulations seem to be nonstop, which is nice. As of press time, they had at least 20M ICP on hand.
In conclusion, the trend is always your friend.
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 🔺44.5 ICP
2️⃣BTC Flower --> 30 ICP
3️⃣Peeladies --> 3 ICP
4️⃣icbucks by EgidoVal --> 1.75 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 🔺60 ICP
6️⃣Goated Gamer by The_Swop --> 3.5K sats ckBTC
7️⃣Motoko Sentinels--> 0.00049 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.5 ICP
🔟Charles by onicai --> 0.00085 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️PersonalDAO --> 0.07 USD @ 1.5M USD Marketcap (🔺37%)
➡️KongSwap --> 0.03 USD @ 38.8M USD Marketcap (🔺12%)
➡️Sonic --> 0.06 USD @ 8.7M USD Marketcap (🔺7%)
🟣Losers
➡️Cloud --> 0.001 USD @ 631K USD Marketcap (🔻4%)
➡️ICPEx --> 0.007 USD @ 7.4M USD Marketcap (🔻2%)
5/ Inside the ICVerse🧑🚀
🟪2 Voting Proposals in the NNS.
🟪3 Voting Proposals in the ICFC SNS.
🟪TVL on NNS: 1.188 Billion USD [🔺2.1%]
🟪TVL on ICP DeFi By DefiLlama: 38.2M USD [🔻3.5%]
Updates from the DFINITY Foundation🔮
➡️The foundation ships the latest interview episode with UsherWeb3
➡️PocketIC Python version receives latest tooling upgrade.
➡️The checklist for NFTs is live in the developer docs.
➡️ICPHUB Singapore was live at ETHDubai.
➡️ICPHUBS to conduct this week's Lounge Talk session, this Thursday at 9 PM on GMT 7.
6/ Updates from the ICP ecosystem
➡️The Swop concludes gamer night session.
➡️Kinic ships open beta to production.
➡️onicaiHQ ships the latest edition of the C++ bootcamp
➡️Kongswap goes live on windoge98, also ships new predictions for May.
Well, that's all for today😇
Thanks 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 #AITokensBounce fam.
I'll see ya tomorrow with your daily recap on ICP🫡
Until then, take care👋
