Gmgmgmgm Square Fam!
It's a slow flow Friday at the Pulse HQ today🏖️
Welcome to the 33rd episode of The #ICP Pulse Season 3, your daily dose of all things on ICP
This is your weekly recap🙂
But, before we start...
I've put a lot of effort and time into this series, so if you don't mind, please consider liking this episode and supporting me by subscribing.
This will help me provide you with more quality information, thank you🫶
Now, without further ado, Let's get into today's episode🚀
1️⃣$ICP Price action
Please note that this is the weekly chart.
Currently, the price is sitting solidly in the 7.71 -7.78 USD range, one of the most crucial support zones.
For me, everything is on a very nice bull setup, prepared to break out anytime.
I anticipate holding this candle for the week and continuing the journey towards the upside from next Monday and beyond.
Regarding price levels, my bullish rocket might activate around 7.8 USD -8 USD, until then it feels neutral and choppy.
As always, this is my personal opinion, so PLEASE DO YOUR OWN RESEARCH🫶
Now we head to,
2️⃣Onchain Stats
🟪Internet Identity Stats
Within this busy week, the IC was able to onboard around 3.3K entities, precisely 3346 entities into the Internet Computer Ecosystem, as of press time.
🟪Burned ICP Stats
Impressive.
The ICP community and the devs were able to collectively burn down over 22K ICP worth 172K USD from the circulation supply within the week.
🟪ckBTC Total Supply
Meh.
ckBTC supply fell from its peak 236.54 ckBTC on the 2nd of November, to a low of 217.38 ckBTC, which resulted of a net outflow of 19.16 BTC worth 1.44M USD.
🟪ckETH Total Supply
ETH degens continued to take profits throughout the week, which resulted of a minor net outflow of 3.93 ckETH worth 10.6K USD.
🟪Neurons Stats
Despite market conditions and macro economics, ICPeople continued to stack ICP in a much aggressive manner.
As a result, over 2089 neurons were spawned to help secure the IC's consensus algorithm.
🆕🟪MCap vs Fees Stats
So, according to this chart from tokenterminal, the FDV marketcap remained almost stable within the week, while the revenue generated the IC reached a peak on the 2nd of november and was stable since then throughout the week.
Within this week, the IC was able to generate around 147K USD of revenue.
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 30 ICP
2️⃣BTC Flower -->🔺40 ICP
3️⃣ETH Flower --> 7.5 ICP
4️⃣Pythagoras by icircle_nft--> 1 ICP
5️⃣Poked Bots by pokedstudiouk --> 🔺10 ICP
6️⃣Infinity Canister by Bitfinity --> 🔻17.5 ICP
7️⃣Motoko Sentinels--> 0.00072 ckBTC
8️⃣Cubetopia Islands --> 9.77 ICP
9️⃣Modernistic Villas by Nomadz_co --> 4.5 ICP
🔟ICP flower --> 7.99 ICP
4️⃣Gainers and Losers
Note: Percentages are weekly gains and losses.
Source: ICPcoins and ICPTokens
🟣Gainers
➡️ChubbyMcFatCat--> 0.000026 USD @ 25.6K USD Marketcap (🔺131.65%)
➡️CTS_SYSTEM --> 0.102 USD @ 2.06M USD Marketcap (🔺66.29%)
➡️Kongswap--> 0.0140 USD @ 14.05M USD Marketcap (🔺29.79%)
🟣Losers
➡️Sonic--> 0.0487 USD @ 6.1M USD Marketcap (🔻37.8%)
➡️Trax--> 0.00312 USD @ 3.1M USD Marketcap (🔻15.29%)
➡️Damonic--> 0.382 USD @ 191K USD Marketcap (🔻7.8%)
5️⃣Inside the ICVerse🧑🚀
🟪1 Voting Proposal in the NNS.
🟪2 Voting Proposals in the KongSwap, GoldDAO and Openchat SNS.
🟪3 voting proposals in the Catalyze SNS.
🟪TVL on NNS: 1.860 Billion USD [🔻2.15%]
🟪TVL on ICP DeFi By DefiLlama: 48.25M USD [🔻2%]
🟪DFINITY announced,
➡️A short video where DecideAI's raheel_go explains the benefits of running AI onchain.
➡️ielashi, AI lead at the foundation will be at cryptoaicon at Lisbon.
➡️A new tooling called idl2json which allows to translate candid textual values into JSON values.
➡️A community spotlight for ICPTopup, which allows users to use a single API call to topup their canisters.
➡️As part of verifiable credentials, a new rust crate known as ic-verifiable-credentials has been shipped to crates io the crates registry of rust, and is now readily available to use.
6️⃣Updates from the ICP ecosystem
Note: NFA again🙂
➡️The latest episode of the OpenFPL Podcast has been shipped🚢
➡️GoldDAO proposes to diversify the DAO treasury by acquiring 100K GLDT, which is almost equal to 1kg of gold.
➡️ICPSwap has completed testing to the limit order function and is planning to ship to production asap.
➡️ICPHub Brazil announces their 1st acceleration roundwhere they will utilize 275K Brazilian Real to boost startups working on the IC.
➡️ICPHub Japan announces in person developer and student meetup on the 23rd of November in Tokyo.
➡️ICPHub India announces a huge shoutout to Lyfelynk for their work towards fitness improvement.
➡️Nomadz announces community meetup in the metaverse today at 10:00 UTC.
➡️Juno announces that over 1.5K devs are utilizing the tooling.
So, Here I wrap up for the day😇
Hats off for staying this far🫡
Now, before we wind up, feel free to share this with everyone who might lack some ICP Alpha, especially the #DogeArmyComeBack Fam :)
Now go unplug those wallets, and revoke your permissions as we meet the weekend 🥳
I'll see ya next week with your daily dose on ICP🫡
Until then, Take care👋
