$ICP
(Internet Computer) — Short Analysis
🔗 What Is $ICP ?
Internet Computer (ICP) is a Layer-1 blockchain developed by the DFINITY Foundation, designed to run decentralized applications and services entirely on-chain, including websites, smart contracts, and backend systems — aiming to be a “world computer” that competes with traditional cloud providers
Recent Price & Market Behavior
ICP has experienced significant volatility, with sharp swings in price due to market sentiment and technical triggers
Recent data shows strong short-term gains (e.g., weekly increases above 30–40% accompanied by higher volume), though overall longer-term trends remain sensitive to broader crypto conditions.
$ICP ’s historic all-time high (~$700+) remains far above current trading levels, highlighting past overvaluation and large drawdowns typical of altcoins after peak cycles
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