Internet Computer (ICP) is facing a potential further decline due to a
negative divergence. However, analysts predict that the ICP price can
reclaim $15 in Q3 2024, despite a recent
10% drop after DFINITY Foundation announced an updated roadmap for ICP. Internet Computer and
Algotech are standing tall in the red market, pushing down MATIC. Interestingly, the founder has referred to 95% of blockchains as 'just junk', stating a need for better products in the space. On a brighter note, DFINITY Foundation unveiled Olympus, a decentralized global acceleration platform on ICP. This development advances ICP's goal of AI and chain
interoperability. With a recent 200% surge in price and investors aiming for steady growth ahead, talks of ICP's potential inclusion in crypt portfolios are surfacing. Despite a slow rebound from a six-month low, ICP is promoting blockchain engagement in Africa and has positioned itself to compete directly with Bitcoin for additional gains. Backing this is news of DeFi Technologies' subsidiary Valour Inc. launching
Internet Computer (ICP) and Toncoin (TON) ETPs, offerings that are breaking new ground in the Nordics.ICP encourages privacy-centric Web3 by introducing verified credentials while adding support for token standards on ICP Blockchain and integrating Threshold-Schnorr Signatures for enhanced Bitcoin operations. ICP faces potential risks of dropping below key support amid bullish sentiment. However, with various developments including its launch of a GDPR-Ready Infrastructure with the European Subnet launch, and announcements of new platforms to tackle cybersecurity, ICP continues to innovate and push its growth in the crypto-space.
Internet Computer ICP News Analytics from Mon, 18 Dec 2023 08:00:00 GMT to Mon, 05 Aug 2024 17:00:00 GMT -
Rating 3
- Innovation 8
- Information 9
- Rumor 7
