ICP: From $700 to around $3.5… what happened?
Internet Computer (ICP) was once one of the biggest names in crypto, reaching over $700 in 2021.
Today, it’s trading around $3.5 — more than 99% below its ATH. 😳
So why did it fall this hard?
The hype at launch was huge, but adoption didn’t grow as fast as the expectations. Then came the broader bear market, weak altcoin demand, and continued selling pressure.
But here’s the interesting part…
ICP is still building, and the network is working on reducing inflation and increasing ICP burn through actual usage.
The big question is:
Can ICP become one of those “forgotten” coins that surprises everyone in the next bull run?
Would you still hold ICP at these levels? 🤔
#BinanceSquareTalks #ICPCoin
Internet Computer (ICP) was once one of the biggest names in crypto, reaching over $700 in 2021.
Today, it’s trading around $3.5 — more than 99% below its ATH. 😳
So why did it fall this hard?
The hype at launch was huge, but adoption didn’t grow as fast as the expectations. Then came the broader bear market, weak altcoin demand, and continued selling pressure.
But here’s the interesting part…
ICP is still building, and the network is working on reducing inflation and increasing ICP burn through actual usage.
The big question is:
Can ICP become one of those “forgotten” coins that surprises everyone in the next bull run?
Would you still hold ICP at these levels? 🤔
#BinanceSquareTalks #ICPCoin