Gmgmgmgm to all Binancians on square🙂
Healthy Monday to all of you :)
Another new week, let's take it to the maximum potential💪
This is the 52nd edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer Protocol.
Today, we will dive into some exciting alpha 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
Well, thing seems to be getting volatile at this point, also a little bit towards the downside, which IMO doesn't feel nice, but here is a glass of hopium🥛in case you need one.
Currently, the price action is experiencing strong rejection from the 100EMA, which further accelerated the dip, resulting in weakening support at 14 & 50 EMAs, as of press time.
Now, into the numbers.
Support: 4.7 - 5.0 USD
Resisstance: 5.3 - 6.0 USD
Others: ngl derivatives volumes are up by a staggering 68%, sitting at 86.4M USD, while most exchanges experience negative funding rates at this point.
It might be better to just monitor the charts at this point.
As always, do note that this analysis is solely for educational purposes, so ensure you do the necessary due diligence🙏
2/ Onchain Stats
Sources: ICP Dashboard and ICTerminal
Neurons Stats
Nice, the network continues to see strong long-term accumulation.
Within the weekend, the ICP community spawned at least 700 neurons to prepare for decentralized, autonomous governance on the Network Nervous System.
Burn Stats
This accounts for around 10K ICP, worth around 50K US dollars, vanishing from the circulation supply over the weekend👏
Active address stats | icterminal
Hmm, the metric is consolidating, while still holding the crucial levels.
As of press time, there were around 8K unique addresses actively roaming across the ICP mainnet.
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 🔻39 ICP
2️⃣BTC Flower --> 42 ICP
3️⃣Peeladies --> 2.95 ICP
4️⃣icbucks by EgidoVal --> 1.73 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 75 ICP
6️⃣Goated Gamer by The_Swop --> 3K sats ckBTC
7️⃣Motoko Sentinels--> 0.000489 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.5 ICP
🔟Charles by onicai --> 0.00058 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️ICLighthouse --> 0.042 USD @ 8M USD Marketcap (🔺12%)
➡️Nuance --> 0.015 USD @ 1.6M USD Marketcap (🔺5%)
➡️NFID --> 0.003 USD @ 7.6M USD Marketcap (🔺3%)
🟣Losers
➡️PersonalDAO --> 0.052 USD @ 1.1M USD Marketcap (🔻12%)
➡️Elna --> 0.015 USD @ 3.9M USD Marketcap (🔻9%)
➡️Kinic --> 0.86 USD @ 5.3M USD Marketcap (🔻4%)
5/ Inside the ICVerse🧑🚀
🟪5 Voting Proposals in the NNS.
🟪3 Voting Proposals in the Dragginz SNS.
🟪2 Voting Proposals in the GoldDAO SNS.
Note: Analytics are calculated based on weekly indicators.
🟪TVL on NNS: 1.18 Billion USD [🔻8.5%]
🟪TVL on ICP DeFi By DefiLlama: 38.8M USD [🔻2.2%]
Updates from the DFINITY Foundation🔮
➡️Latest panel discussion for WCS25 was announced.
➡️Summary from last week's Decentralized Artificial Intelligence group is live.
➡️Major ICP projects, ranging from SwissSubnet and Dragginz, are all set to attend WCS 2025.
6/ Updates from the ICP ecosystem
➡️DGDG to ship new updates to production.
➡️PersonalDAO to ship v6 to production soon.
➡️ICPSwap ships latest updates to UI and UX.
➡️dragginzgame's latest technical update is live.
➡️junobuild is all set to go live with today's live coding session.
➡️onicaiHQ's DeVinci gets featured at DeepSeek's official github repo.
➡️Odoc to ship Artificial Intelligence-based role matching engine to production this week.
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 #BinanceAlphaAlert fam.
I'll see ya tomorrow with your daily dose on ICP🫡
Until then, take care👋
