Gmgmgmgm Square Fam!
It's May Day today :)
This is the 43rd edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will dive into some important headlines from the ecosystem.
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 consolidation around the 14EMA continues aggressively.
Currently, the price action needs to improve volumes; otherwise, considering the uncertainty in tradFi, hopium might be the only solution at the moment.
Now, into the numeric ranges:
Support: 4.4 - 5.1 USD
Resistance: 5.3 - 5.7 USD
Other conditions: RSI at 47ish, which is okay atm, while open interest is sitting at 74.5M but yet to take a crossover ahead of the price action, indicating further healthier leverage levels as of press time.
As always, remember to do proper research before aping in AS THIS ANALYSIS IS SOLELY FOR EDUCATIONAL PURPOSES, AND IS NFA🙏
2/ Onchain Stats
Neurons Stats
Well, 400K should be done and dusted by next week, FYI.
Within the last 24 hours, the network saw approximately 400 neurons being spawned in order to accelerate the movement of decentralized, autonomous governance.
Burn Stats
Nice.
Within the last 24 hours, the Internet Computer saw an impressive 10K ICP, worth around 50.2K USD, evaporating from the circulation supply.
As of the end of the calendar month, the network saw 189.8K ICP, worth 949K USD, being burned from the supply.
Active addresses | icterminal
Good, although it seems like a consolidation, this IMO is very healthy.
Within the past 24 hours, the network saw around 9K unique addresses actively roaming across the mainnet.
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 🔻38.2 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 --> 0.08 USD @ 1.7M USD Marketcap (🔺25%)
➡️ICLighthouse --> 0.04 USD @ 8.8M USD Marketcap (🔺7%)
➡️Kinic --> 0.9 USD @ 5.4M USD Marketcap (🔺5%)
🟣Losers
➡️Taggr --> 2.3 USD @ 749K USD Marketcap (🔻15%)
➡️ICExplorer --> 0.007 USD @ 7.4M USD Marketcap (🔻8%)
➡️Querio --> 0.03 USD @ 113K USD Marketcap (🔻6%)
5/ Inside the ICVerse🧑🚀
🟪4 Voting Proposals in the NNS.
🟪3 Voting Proposals in the Dragginz SNS.
🟪2 Voting Proposals in the ICLightHouse SNS.
🟪TVL on NNS: 1.139 Billion USD [🔺1.4%]
🟪TVL on ICP DeFi By DefiLlama: 37.8M USD
Updates from the DFINITY Foundation🔮
➡️The Internet Computer saw 60K+ new Internet Identities being created in the last quarter.
➡️The foundation members, along with the legendary Pierre Samaties, were live at Binance Clubhouse.
➡️The latest edition of the World Computer Tech Talks is live with Dr Jan Camensich.
➡️The Solana RPC canister goes live on the Internet Computer.
➡️A list of execution errors and troubleshooting tips for developers is live on the developer docs.
➡️ICPHUB US goes live with Swag, also to ship the latest edition of ICP United today.
➡️The latest edition of the ICP roundup is live.
6/ Updates from the ICP ecosystem
➡️Cyclops reaches 2YA milestone.
➡️Openchat to wrap up April drop.
➡️New predictions are live on kongswap.
➡️OdinFun's BobBodily ships a detailed post-mortem on the recent security incident.
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 #StablecoinPayments fam.
I'll see ya next Monday with your daily dose on ICP🫡
Until then, take care👋
