Internet Computer Protocol (ICP) continues to make significant advancements in the crypto market. The adoption of
Threshold-Schnorr Signatures has bolstered the integration with Bitcoin while tech provider Digital Asset firm Copper has started supporting ICP's ICRC and SNS tokens. The recent unveiling of an updated roadmap by DFINITY has led to a slight slump in the ICP price.However, investment in ICP has proven to be lucrative due to its potential for steady growth and its ability to revamp the blockchain. ICP's blockchain engagement in Africa is also notable, promoting the
blockchain revolution therein. DeFi Technologies subsidiary Valour Inc. launched ICP and Toncoin ETPs, further proving the ICP's relevance in the crypto space.A remarkable 200% surge and significant price gains of up to 36% have piqued the interest of potential investors. Some prediction models foresee the ICP price reaching
$15 in Q3 2024. ICP's founder Dominic Williams has highlighted the role of enterprises as key for the project's growth.ICP's correlation with Bitcoin may incite further gains, and its recent integration with Verified Credentials is set to enhance privacy-centric Web3. Rebounding from a six-month low, ICP could bring about a formidable bull run in the market. However, a potential drop below a key support level rests amidst bullish sentiments. Lastly, ICP community has pledged $80 million to
decentralize its project ecosystem.
Internet Computer ICP News Analytics from Tue, 14 Nov 2023 19:29:28 GMT to Tue, 13 Aug 2024 15:30:13 GMT -
Rating 2
- Innovation 9
- Information 8
- Rumor -5