Who knows but that deal certainly can’t hurt ICP
Is that what’s is causing this pump?!
I got some at $5 we shall see what happens. Every other time I bought this thing it went down lol. So hopefully not this time. imo
Looks like ICP added about 6 million to circulating supply the 12/29-12/30.
Not 100% sure how that all works but was there a big buyer the last 2 days as that is about the same volume?
According my charts we are officially in uptrend
Smart Contracts Start Transferring ICP After Upgrade, Allowing Advanced DeFi To Be Developed On The Internet Computer
for me, a big ICP loss will help offset gains in other cryptos.
i paid for quite a lesson here.
the huge pump exchanges gave it in may 2021 made ICP seem like it would take over the world.
i figured the market reaction to ICP's launch was because they were about to displace big tech.
and they still could, i suppose.
but when other cryptos with "ecosystems" trade for .000000007678, and use a deflationary model... why would anyone want to own ICP, which has a large overhang of seed investors still, and will add more tokens than it burns, to pay rewards to those who hold it in neurons?
At this point no idea....
This one is a headscratcher. May take a long time to recover.
And there it goes right back down today...