Gmgmgmgmgm Square Fam!
This is the 69th edition of #ICP Pulse [Season 4], your daily dose of all things Internet Computer.
Today, we will explore important ICP updates.
Let's go🫡
Before we start..
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Let's go🫡
1/ $ICP Price Action
The price action remains unchanged, so the technicals remain the same.
Support is at 4.7 to 5.3 USD range, while resistance is at 5.6 - 6.2 USD.
In addition, RSI dipped to 42ish, heading into the negative territory, but remember that it is a lagging indicator.
As of press time, most of the derivatives volumes are coming from Binance Futures, which is around 35M USD, with total trading volume sitting at 125M USD.
In addition, 24H rekt is at 238K USD, with 232K REKTs coming from Longs and the rest from the shorts.
For now, it's best to keep observing macroeconomics :)
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
ckBTC Stats
In case you are new here, ckBTC is Bitcoin's native twin on ICP, backed by canister smart contracts which can hold real bitcoin, so no intermediaries, just seamless and powerful cryptography doing the heavy lifting.
As of press time, the network was able to absorb around 7.94 BTC, worth 833.7K USD.
LFG!
Canister growth
A small explanation on canisters.
These are tamperproof by design and the native smart contracts on the Internet Computer, mostly written on Rust or the native programming language, known as Motoko.
As of press time, the network saw 500+ new canisters being activated, accelerating the developer sentiment.
Short-term hodler sentiment | icterminal
As of press time, they held 195M ICP, worth 975M USD.
Good to take notes, as the accumulation nears an all-time high at this point.
See ya at the moon.
3/ NFT Stats
Sources: DGDG, Toniq, and bioniq
1️⃣Motoko Ghosts --> 39.9 ICP
2️⃣BTC Flower --> 43 ICP
3️⃣Peeladies --> 1 ICP
4️⃣icbucks by EgidoVal --> 1.8 ICP
5️⃣Poked Bots Mutant Army by pokedstudiouk --> 49.9 ICP
6️⃣Goated Gamer by The_Swop --> 3K sats ckBTC
7️⃣Motoko Sentinels--> 0.00039 ckBTC
8️⃣Cubetopia Islands --> 16 ICP
9️⃣Distrikt PODs --> 1.7 ICP
🔟Charles by onicai --> 0.00065 ckBTC
4/ Gainers and Losers
Sources: ICPcoins and ICPTokens
🟣Gainers
➡️ICFC--> 0.01 USD @ 1M USD Marketcap (🔺4%)
➡️Cryptoclouds--> 0.005 USD @ 2.1M USD Marketcap (🔺2.5%)
🟣Losers
➡️Querio--> 0.022 USD @ 84K USD Marketcap (🔻20%)
➡️PersonalDAO --> 0.05 USD @ 1M USD Marketcap (🔻9%)
➡️Dragginz --> 0.0011 USD @ 9.5M USD Marketcap (🔻7%)
5/ Inside the ICVerse🧑🚀
🟪0 Voting Proposals in the NNS.
🟪3 Voting Proposals in the Motoko SNS.
➡️2 Voting Proposals in the ICPSwap SNS.
🟪TVL on NNS: 1.17 Billion USD [🔻3%]
🟪TVL on ICP DeFi By DefiLlama: 37.5M USD [🔻2.8%]
Updates from the DFINITY Foundation🔮
➡️A video where Dominic Williams explains all things caffeine is live.
➡️The foundation is wrapping up the helium milestone, which should ship the Solana RPC canister to production, opening doors for interoperability across the L1s.
➡️A new CLI tool to work with catch-up packages is live.
➡️The first ever caffeine Hackathon is all set to go live mid july at SF.
6/ Updates from the ICP ecosystem
➡️Community dev Nirvana publishes two packages for the Motoko programming language.
➡️onicaiHQ is all set to ship funnai to production next week.
➡️ICToolkit ships a thread covering all things GoldDAO.
➡️DMailOfficial ships SubHub to production.
So, 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 the #PowellRemarks Fam.
I'll see ya tomorrow with your daily dose on ICP🫡
Until then, take care👋
