The whole market is getting pummeled, yet $ICP is up 8% against the trend: DFINITY officially announced that Cloud Engines will launch commercially this week, going live before November 15 to compete with AWS and Google Cloud for enterprise business.
First, a reality check: this coin is still down 27% over the past 30 days and 60% over the past year. It’s currently trading at $2.55 on Binance, with just $45 million in 24-hour trading volume across the market and a market cap of $1.35 billion.
What stings even more is that this launch is only an early trial, with access granted to just a handful of enterprises. Not a single order has been announced—it’s all just the founder’s own promises.
The broader market, $BTC 73,800, is still hovering around 73,000. Is this really ICP’s comeback, or are people selling into the good news?
A) Buy the dip at $2.55 and bet on the cloud story paying off. B) Sell the news and get out first. Which side are you on?
#ICP #Internet Computer
$ICP $BTC
First, a reality check: this coin is still down 27% over the past 30 days and 60% over the past year. It’s currently trading at $2.55 on Binance, with just $45 million in 24-hour trading volume across the market and a market cap of $1.35 billion.
What stings even more is that this launch is only an early trial, with access granted to just a handful of enterprises. Not a single order has been announced—it’s all just the founder’s own promises.
The broader market, $BTC 73,800, is still hovering around 73,000. Is this really ICP’s comeback, or are people selling into the good news?
A) Buy the dip at $2.55 and bet on the cloud story paying off. B) Sell the news and get out first. Which side are you on?
#ICP #Internet Computer
$ICP $BTC