GM Square Fam!
This is the 54th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer Protocol.
Today, we will deep dive into the trenches for the latest updates 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
Nice, the price action is strongly holding with the support offered by the 14 and 50 EMAs.
Not much action here, so straight to the numbers.
Support: 4.9 - 5.2 USD
Resisstance: 5.4 - 6.0 USD
Others: derivatives volume is up by 25%, sitting at 81.9M USD, as of press time, funding rates have turned to a net positive range atm, looks gud.
liquidations sitting at all-time lows, and open interest ranges yet to experience a divergence against the price action, indicating healthy leverage levels.
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
Within the last 24 hours, the IC saw approximately 350 neurons being spawned to prepare for governance on the Network Nervous System.
Burn Stats
This accounts for 6K ICP, worth 32K USD, vanishing from the circulation supply, thanks to cycle conventions and BoB applications, as well as transaction fees on the network.
Supply held by short-term hodlers | icterminal
Well, this metric just hit an ATH, while these hodlers have around 194M ICP, worth approximately 1B USD at this point.
Coincidence? nah, I don't think so, tech speaks better than memes😉
[Yeah, not the average L1 that most retailers are trying to flip things daily]
Do whatever you like with this info :)
3/ NFT Stats
Sources: DGDG, Toniq and bioniq
1️⃣Motoko Ghosts --> 🔺40 ICP
2️⃣BTC Flower --> 42.99 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--> 0.00048 ckBTC
8️⃣Cubetopia Islands --> 15 ICP
9️⃣Distrikt PODs --> 1.7 ICP
🔟Charles by onicai --> 🔺0.0007 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️Kinic --> 1.08 USD @ 6.6M USD Marketcap (🔺18%)
➡️ICPSwap --> 0.007 USD @ 7.3M USD Marketcap (🔺6%)
➡️DecideAI_ --> 0.0115 USD @ 11.3M USD Marketcap (🔺3%)
🟣Losers
➡️ICPanda --> 0.0025 USD @ 2.6M USD Marketcap (🔻10%)
➡️PersonalDAO --> 0.047 USD @ 992K USD Marketcap (🔻9%)
➡️ICExplorer --> 0.007 USD @ 7.1M USD Marketcap (🔻5%)
5/ Inside the ICVerse🧑🚀
🟪2 Voting Proposals in the NNS.
🟪0 Voting Proposals in SNSs.
Note: Analytics are calculated based on weekly indicators.
🟪TVL on NNS: 1.22 Billion USD [🔺9%]
🟪TVL on ICP DeFi By DefiLlama: 40.7M USD [🔺1%]
Updates from the DFINITY Foundation🔮
➡️oisy ships v.14.6, adds support to Polygon and ICPSwap.
➡️The foundation is all set to conduct a demo on Orbit at WCS 2025
➡️Institutional custodian BitGo adds support for Internet Computer.
➡️The foundation seeks community feedback on utilizing the BTC testnet in the ICP developer environment.
➡️ICPNinja publishes the latest tutorial on deploying ICRC1 on the mainnet.
➡️The upcoming decentralized artificial intelligence working group meeting will be held tomorrow.
➡️ The latest episode of World Computer Tech Talks, with the legendary Bjoerntm, is live.
6/Updates from the ICP ecosystem
➡️ICPSwap completes the 5th round of dividends.
➡️Off-chain tracking goes live on junobuild.
➡️Cycleops adds support for GUI-based canister deployments.
➡️Kongswap is headed to WCS25.
➡️Windoge98 will be live at the Bitcoin Conference in Las Vegas.
➡️ ICToolkit ships support for canister interactions.
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 #BTC110KToday? fam.
I'll see ya on Friday with your weekly recap on ICP🫡
Until then, take care👋
