đ Zoom on the market cap of ICP ($ICP): An underestimated giant? đ
đ Current capitalization: Approximately $1.7 billion (to be verified according to today's data)
đ ATH of the market cap (May 2021): +$70 billion đ„
đ Current rank: Top 30-40 worldwide according to CoinMarketCap
---
đ What does this capitalization tell us?
Despite a prolonged bear market and less hype than some L1s like Solana or Avalanche, ICP is still one of the most fundamentally solid projects in the market. However, its current market cap remains relatively low compared to the technological power it offers:
â Ultra-fast smart contracts ("canisters")
â Hosting of full-stack web apps without centralized servers
â No need for external Oracle (direct integration of HTTPS)
â Rethought tokenomics and continuous improvement
â 100% on-chain development (DAO, social networks, games, etc.)
---
đ Quick comparison (Market Cap vs Tech):
Project Market Cap approx. Use case
Solana $60B+ High-performance L1, dApps
ICP $1.7B L1 + Decentralized full web hosting
đ Flagrant disproportion, isnât it? The market is still sleeping on $ICP.
---
đ§ My investment thesis:
Internet Computer has the potential to redefine the Internet itself, not just to run a few dApps. Its current capitalization leaves a huge growth margin if the market starts to better understand what it offers.
đĄ If $ICP returns to just 10% of its ATH, we are already talking about a market cap around $7 billion, which is a potential x4.
---
â ïž Of course: this is not financial advice. Do your own research, but do not underestimate projects that build in silence. đ
đŹ And you? Do you think that the market cap of ICP truly reflects its fundamental value? Or is it a long-term opportunity?
#icp #InternetComputer #MarketCap #CryptoInvesting #Blockchain #altcoins
