There is something strange this year with the currency $ICP
The currency $ICP is not just a means of payment, but a global computer. What makes it interesting right now is its focus on the DeAI sector (decentralized artificial intelligence).
"Chain Fusion" Technology: The network's ability to interact directly with the Bitcoin network (ckBTC) and Ethereum without risky Bridges.
Cloud storage: Offers a decentralized alternative to services like AWS and Google Cloud at a lower cost and higher security.
Transaction speed: Considered one of the fastest networks in blockchain (transactions occur at the speed of traditional web).
2️⃣ Latest news and developments 🔥
AI Revolution: The network is now hosting full artificial intelligence models fully operating on-chain.
Utopia Project: There is increasing talk about "Utopia" which aims to empower institutions and governments to use ICP technology in private environments, potentially bringing massive institutional liquidity.
3️⃣ Technical outlook
Consolidation areas: The price shows strong consolidation in current areas, and any drop is considered an opportunity for long-term investors to DCA.
Resistance: Breaking near resistance areas opens the door to testing much higher price levels, especially with the altcoin season approaching.
💡 Summary:
The ICP currency is a bet on the technology of the future and not just a momentary speculation. If you believe in the future of Web3 and artificial intelligence, this currency should be on your radar.
