#ICPCoin
At launch in May 2021, early investors and insiders (including DFINITY team members) allegedly dumped huge amounts of ICP tokens.
This flooded the market with supply, causing rapid price collapse.
Around 90%+ of the token supply was controlled by insiders at launch. Retail investors were basically exit liquidity.
🧠 2. Overhyped Launch
ICP was hyped as the next Ethereum killer or even a “new internet.”
It launched with a $90+ billion market cap, which made it a top 5 coin instantly, without any actual dApps or adoption.
The hype wasn’t backed by utility at launch, and people sold off once they realized that.
Tech Adoption Are devs building real apps on ICP? Is user activity growing?
🗳️ Governance/NNS Are voters and stakers active? Is decentralization improving?
💰 Tokenomics Are more ICPs being unlocked or staked? Are insiders still dumping?
📈 Price Action Is it breaking resistance (like $9–10)? Or stuck in a downtrend?
🌐 Market Conditions Is Bitcoin bullish again? Is altcoin season heating up?
🧠 Community Hype Is the community active? New narratives (like AI or DePIN) helping?
📉 Risk Level High volatility — don’t ape in without a plan or stop-loss setup.
Hope u guys have a great time.
