Gmgmgmgm Square Fam!
Happy Monday!
Welcome to the 34th episode of The #ICP Pulse Season 3, your daily dose of all things on ICP.
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🫶
Let's get into today's episode🚀
1️⃣ $ICP Price action
Everyone, it is time that we experience the ICP price action that has seen huge volume since the 24th of July and is all prepared to overtake the huge resistance zone, indicated by the top black box.
The anticipation is to take over this range within the next few days, possibly within this week, to continue the expectations of short-term price action improvements.
Also, according to the VPVR indicator, this range did not have high volumes historically, which is great.
Now, the question is should you take this as some advice and ape in?
Obviously No. It's your money and wealth. Crypto price is always about speculation.
So, AS ALWAYS, PLEASE DO YOUR OWN RESEARCH🙏
Now we head to,
2️⃣Onchain Stats
🟪Internet Identity Stats
As of press time, the IC had onboarded over 640 entities into the ecosystem within the weekend.
Very gud metrics💪
🟪Burned ICP Stats
Within the weekend, our devs cooked harder than ever, along with the degens who spent their ICP to run miners on BoB and other Blockchain-on-blockchain protocols.
Thanks to those efforts, we were able to burn down 15.337K ICP worth 138K USD at these price levels.
🟪ckBTC Total Supply
In case you are wondering wtf is ckBTC, let me explain this to you, like you re five.
So, how ckBTC works?
Canister smart contracts on the IC are now able to send and receive BTC, thanks to the BTC integration, so what essentially happens is that, when you drop in your real bitcoin into the BTC canister on the IC, it gives you equivalent ckBTC as exchange.
Ok, so what's special you might ask.
Unlike other wrapped tokens where 3rd party intermediaries are involved, ICP does not require this, as canisters are smart enough to automate these instructions, making the process much more decentralized.
Now, back to the topic, as of press time, the IC was able to grab about 5.94 BTC worth 469K USD, within the weekend.
🟪Neurons Stats
Around 950 neurons were activated within the weekend.
Ngl, this is very interesting, as the degens tend to stack even throughout the weekend😎
A big brain moment🤯
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 🔻26 ICP
2️⃣BTC Flower -->🔺40 ICP
3️⃣ETH Flower --> 🔺9 ICP
4️⃣Pythagoras by icircle_nft--> 1 ICP
5️⃣Poked Bots by pokedstudiouk --> 🔺10.99 ICP
🆕6️⃣ Goated Gamer by The_Swop --> 0.000027 ckBTC
7️⃣Motoko Sentinels--> 🔻0.00061 ckBTC
8️⃣Cubetopia Islands --> 🔺13.3 ICP
9️⃣Modernistic Villas by Nomadz_co --> 4.5 ICP
🔟ICP flower -->🔺10 ICP
4️⃣Gainers and Losers
Source: ICPcoins and ICPTokens
🟣Gainers
➡️Nuance --> 0.0184 USD @ 1.8M USD Marketcap (🔺203.4%)
➡️WindogeXP --> 0.000147 USD @ 134K USD Marketcap (🔺50.7%)
➡️Sonic --> 0.0768 USD @ 9.7M USD Marketcap (🔺22.5%)
🟣Losers
➡️ICLighthouse--> 0.0860 USD @ 12.1M USD Marketcap (🔻10.6%)
➡️Damonic--> 0.3729 USD @ 186K USD Marketcap (🔻10.1%)
➡️DecideAI--> 0.064 USD @ 62M USD Marketcap (🔻5.7%)
5️⃣Inside the ICVerse🧑🚀
🟪16 Voting Proposals in the NNS.
🟪2 Voting Proposals in the IClighthouse and Openchat SNS.
🟪5 voting proposals in the BoomDAO SNS.
🟪1 voting proposal each in Catalyze and Gold DAO SNSs.
🟪TVL on NNS: 2.138 Billion USD [🔺15%]
🟪TVL on ICP DeFi By DefiLlama: 52.77M USD [🔺9.3%]
🟪DFINITY announced,
➡️The ICP's October Monthly roundup.
➡️A short video where the foundation's CBO Pierre Samaties explains the power of the newly launched Oisy Wallet.
➡️Some inspiration from the ChainFusion Hacker House at EFDevcon
➡️An explanatory tutorial that explains how to use Webpack on the IC.
➡️The newest kid on the block to be announced tomorrow.
➡️Pokedstudiouk clelbrates its 3rd anniversary🥳
6️⃣Updates from the ICP ecosystem
Note: NFA again🙂
➡️ICPSwap announces that they've shipped the limit order and Liquidity lock features to production, Burns 191K ICS tokens worth 3.42K.
➡️PersonalDAO to deploy around 22 Personal DAOs within the next 10 days.
➡️icphub_SG was at sgfintechfest where the legend AaronTing8 conducted a keynote speech.
➡️icphub_CA was at UMich on behalf of the ICPHUBS Network for a workshop on AI on-chain and Blockchain Abstraction.
➡️icphub_ID's Bruno Calabretta will be speaking at abc_conclave in Bangkok next week.
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 #BTCNear82k Fam.
I'll see ya tomorrow with your daily dose on ICP :)
Until then, Take care!
