ICP Price Prediction 2023-2030
The Current Price of the ICP coin is
Before we analyze ICP Forecasts, let us quickly go through the latest news and check if ICP is a Good Investment
ICP Latest News And Analysis
- ICP.Hub India has partnered with a leading smart contract audit firm, QuillAudits, to enhance Web3 world safety.
- To support startups, DFINITY is collaborating with SomosColledge and ICP Hub Latam to launch ICPnnova, a project incubation program focused on developing Web3 projects for the Internet Computer.
- ICP.Hub East Africa is extending its reach into university chapters to immerse more students in Web3 technology, as demonstrated by its ongoing activities with the Dedan Kimathi University of Technology and Kushite ICP.Hub East Africa.
- Transactions: 3,492 (90-day peak: 10,369)
- Canisters: 334,058
- Cycle Burn Rate: 3’886’780’666 Cycle/s
- Total Node Machines: 1,188
ICP Price Prediction: Is ICP crypto a good investment?
The Internet Computer (IC) is a decentralized blockchain that aims to replace the current centralized Internet infrastructure. It aims to address the limitations associated with the traditional internet, such as
- Monopolization of services
- Poor system security, and
- Misuse of personal data
The network connects a sovereign network of dedicated devices to form a “world computer” that enables the decentralization of Web3 services. It has a hierarchical network structure made up of independent data centers hosting nodes, subnets, and software canisters, which are smart contracts that scale. The platform uses chain key technology for fast transaction processing and has a consensus mechanism based on Proof-of-Stake. It is designed to run decentralized applications, be cost-effective, provide high throughput and low latency, and be scalable.
ICP runs on a decentralized network with dedicated hardware established by independent parties rather than a cloud maintained by centralized data servers. The blockchain processes transactions quickly, setting it apart from other cryptocurrencies that may take 30 minutes or more to complete transactions. Developers build services on the Internet Computer using smart contract software called “canisters” that interact with the web and other blockchains without bridges. Canisters are able to scale and run with an efficiency comparable to traditional IT.
- ICP aims to create a decentralized internet that allows for secure and efficient computation, storage, and communication on a global scale.
- It introduces the concept of canisters, which are secure and scalable smart contracts. Canisters enable developers to build and deploy applications directly on the internet without relying on traditional hosting infrastructure.
- The protocol is designed to provide high-performance web applications with near-instantaneous response times.
- It leverages blockchain technology to ensure security, transparency, and verifiability.
- ICP has its native utility token used for various purposes within the protocol. It serves as a means of exchange, incentivizes participation, and supports network governance.
- One of the core objectives of ICP is to provide a scalable and efficient compute capacity that can handle internet-scale applications and services. It aims to eliminate the limitations of traditional centralized infrastructure.
- ICP is designed to be compatible with existing web standards, making it easier to integrate with the existing internet infrastructure. It allows developers to leverage their existing knowledge and tools while building decentralized applications.
The Main use cases of the ICP coin are –
- Users can pay for the computation resources using ICP tokens.
- Users can stake their ICP coins and in return, can earn rewards.
- ICP coins can be staked in the Network Nervous System DAO that controls the Internet Computer blockchain to create voting neuron
- ICP coins can be used to pay the gas fees on the network.
- Users can invest in the decentralization sales via Web3 services using ICP coins.
DeFi TVL is $1.1M. Not Ranked
Overall, ICP coin is a Moderate case for Investment.
ICP Price Prediction Today
- Internet Computer ICP Price Prediction in the next 24 hours is between $2.94 and $2.97
- Internet Computer ICP Price Prediction this week is between $2.84 and $3.07
|Overall Outlook||Partially Bearish|
|1. Market's Wisdom||Neutral|
|1a. Market Data||Partially Bearish|
|1b. Technical Recommendation||Buy|
|2. Crowd's Wisdom||Bearish|
|2a. Social Media Buzz||Lower|
|2b. Social Media Sentiment||Lower|
ICP Price Prediction 2023-2030
- Internet Computer ICP Price Prediction 2023 is $4.40
- Internet Computer ICP Price Prediction 2024 is $7.69
- Internet Computer ICP Price Prediction 2025 is $11.8
- Internet Computer ICP Price Prediction 2026 is $17.0
- Internet Computer ICP Price Prediction 2027 is $21.8
- Internet Computer ICP Price Prediction 2028 is $29.8
- Internet Computer ICP Price Prediction 2029 is $43.4
- Internet Computer ICP Price Prediction 2030 is $63.4
Where Can I Buy ICP Tokens?
. Here are the general steps to buy ICP tokens:
- Choose a cryptocurrency exchange that supports ICP tokens (as listed below).
- Create an account on the exchange by providing your personal information and completing the verification process.
- Deposit funds into your exchange account using a bank transfer, credit/debit card, or other supported payment methods.
- Search for ICP tokens on the exchange and select the trading pair you want to use, such as ICP/USD or ICP/BTC.
- Place a buy order for the amount of ICP tokens you want to purchase at the current market price or your desired price.
- Wait for the transaction to be confirmed, and the ICP tokens will be deposited into your exchange wallet.
ICP tokens can be purchased from various centralized crypto exchanges, including:
- Coinbase Exchange
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.