After an extreemely hyped up ICO, FTX exchange helped to push up the price to extreemes, giving Venture Capital Funds the exit liquidity to dump their tokens.
Seed investors paid 0.036 $ (3 and a half cents) and had the opportunity to sell at around 720$ making a 2000 x from their investment !!
An almost 1000 day long dump followed the lunch of ICP leaving the investors with the feeling of a scam. Nobody was interested anymore and almost nobody is aware of the extraordinary and unpaired technology that represents the Internet Computer Token !
Recently the price appreciated 450% in 60 days with huge volume, showing that this tokens does not belong to the digital cimitery.
I kicked myself for not holding the 1000 tokens I bought for 2900 $ (which seems to have been almost the perfect bottom). Besides the woulda coulda shoulda, I am willing to accumulate this token around 11$ because I think that it has a great potential nonetheless.
Cross chain swaps, data storage, internet hosting are only a few from the many capabilities that this World Computer has. ICP could even host Bitcoin or Ethereum onchain and has a real chance of becoming the World Computer that Ethereum aspired to be. Whereas I think Ethereum is a broken technology, I believe ICP has some legs.
Not sure if the price of the token will fall back in the accumulation range below 8 dollars and 30 cents. Bullish as I am, I am willing to wait for that outcome.
Seed investors paid 0.036 $ (3 and a half cents) and had the opportunity to sell at around 720$ making a 2000 x from their investment !!
An almost 1000 day long dump followed the lunch of ICP leaving the investors with the feeling of a scam. Nobody was interested anymore and almost nobody is aware of the extraordinary and unpaired technology that represents the Internet Computer Token !
Recently the price appreciated 450% in 60 days with huge volume, showing that this tokens does not belong to the digital cimitery.
I kicked myself for not holding the 1000 tokens I bought for 2900 $ (which seems to have been almost the perfect bottom). Besides the woulda coulda shoulda, I am willing to accumulate this token around 11$ because I think that it has a great potential nonetheless.
Cross chain swaps, data storage, internet hosting are only a few from the many capabilities that this World Computer has. ICP could even host Bitcoin or Ethereum onchain and has a real chance of becoming the World Computer that Ethereum aspired to be. Whereas I think Ethereum is a broken technology, I believe ICP has some legs.
Not sure if the price of the token will fall back in the accumulation range below 8 dollars and 30 cents. Bullish as I am, I am willing to wait for that outcome.
I suffered a lot seing the tokens I swapped for ICP skyrocketing 2, 3 ... 5 x !!
Today some alleviation seing ICP finally moving 20% +