Latest ICP Price news
Internet Computer (ICP) Price Prediction 2022: Is $30 EOY Price Possible?
Bullish ICP price prediction 2022 is $30 Skyrocketing price potential of Internet Computer is $80 ... Read More... from Internet Computer (ICP) Price Prediction 2022: Is $30 EOY Price Possible? The post Internet Computer (ICP) Price Prediction 2022: Is $30 EOY Price Possible? appeared first on Crypto News Land.
Facebook Parent Sued By Internet Computer (ICP) Founders Over Infinity Logo
Meta Platforms Inc. (NASDAQ: FB) has been named in a lawsuit alleging trademark infringement. What Happened: According to a Friday court filing with the United States District Court for the Northern District of California, the DFINITY Foundation claims that Meta “knowingly infringed” its trademark by registering a similar logo. Meta Platforms (Facebook) is being sued over its logo. A Swiss non-profit that develops blockchain technology (Dfinity), has filed a lawsuit claiming that Meta's new logo is too similar to its own. Apparently, an infinity logo is all the rage in Web3.#meta #Facebook #Web3 pic.twitter.com/4Ay4a12uKy — Josh Gerben (@JoshGerben) May 2, 2022 The DFINITY Foundation is the entity behind the Internet Computer (CRYPTO: ICP) blockchain. DFINITY’s infinity symbol logo has been in use since 2017 and has had an approved trademark registered since October 2018. Why It Matters: Meta filed an application for its own infinity symbol logo only in March 2022. According to DFINITY, the similarities between the two logos and Meta’s intended use of the mark will cause confusion because both platforms are targeting a similar customer base in the same industry. “Dfinity has suffered, and will continue to suffer, irreparable injury as a result of Meta’s unlawful action and has no adequate remedy at law,” stated the complaint. “Unlike Facebook’s (now Meta) centralized, closed system, Dfinity’s focus is on decentralization and interoperability. Any association between Dfinity and Meta would cause consumers, including users and developers, to question Dfinity’s core mission.” Price Action: According to data from Benzinga Pro, ICP was trading at $13.14, up 1.3% over the past 24 hours. The token is down 98% from its all-time high of $700 in May 2021. Meta shares closed 5.32% higher at a price of $211.13 on Monday. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
DFINITY community upgrade enables smart contracts the ability to transfer ICP tokens
The DFINITY Foundation, the organization behind the Internet Computer general-purpose blockchain and web3 platform, today announced that a proposed upgrade to expand support for all canister smart contracts to be able to hold and transfer ICP tokens has been adopted and is now live on the network. The community voted 309,936,205 (approve) to 20,561 (reject) […] The post DFINITY community upgrade enables smart contracts the ability to transfer ICP tokens appeared first on CryptoNinjas.
About ICP Price
- The highest ICP price in 2021 is predicted to be around $197.
- The lowest expected ICP price is $32.
- Analysts' Internet Computer price prediction ranges from $30 to $200.
Founded in 2016 Internet Computer blockchain-powered public network aims to expand the public internet to the point where it becomes the world's computer firm.
It’s based on key Chain technology that includes numerous other advanced technologies such as Novel Consensus, Non-interactive distributed Key Generation, Network Nervous System, Internet Identity, and much more. At the initial stage, the project received a total of $121 million of contributions from known names in the crypto community.
At the moment it's the first blockchain running on web speed and having no bounds. ICP price prediction is tightly connected with security protocols and advanced algorithms. Internet Computers make the creation of internet services in a new way by using autonomous software.
In 2018 the mother company Definity launched Internet Computer alpha mainnet. The decentralization was complete in 2021 when all the Internet Computer’s source code was released into the public domain. At the moment the ICP is supported by 48 independent data centers that all together run about 1300 nodes.
Cryptocurrency Name: Internet Computer
Ticker Symbol: ICP
Market cap: $7,562,829,203
All-time high: $737.20
All-time low: $20.08
What is ICP token?
ICP token is a native utility coin of the blockchain, that allows holders to govern the ICP network. It also provides a new way of creating tokenized internet service, decentralized financial systems, and even traditional enterprise systems.
The token allows the developers to create websites, internet services, IT systems, and DeFi applications just by installing their code directly on the public internet. ICP also is a source store of value that can be converted into cycles being fuel and burn after usage. The coin is also used to reward users that are essential for the network’s activity.
ICP Coin Price Analysis
According to the recent data, Internet Computer is trading for $44.72 and the market cap is $7,500,504,540 and the coin has been up 2% in the last 24h. At the beginning of September, the token was showing steady growth that created a lot of Internet Computer Price Prediction dreams and conclusions, concluding that the price might reach $100 by the end of the month.
Even though the coin has a negative ROI, there is a potential for improvement. At the same time, the token’s price went through the downfall of 85% from its all-the-time-high. In the middle of the month, the coin had bullish moments but then got back to the downtrends.
ICP Price Prediction: Analysts' Price Forecasts
According to the Forecast System of Walletinvestor, which is mainly based on the historical data of the token and smart technical analysis, Internet Computer Price Prediction is not quite positive and the token is considered as a bad one-year investment option.
As the asset’s price was going through bearish tendencies it’s most likely that the trend will stay negative in the future. So it’s advised by the portal not to invest in ICP unless the trader has enough experience to trade on a bearish market. Walletinvestor’s AI analyst expects the ICP price to decrease 92% in 1 year and to keep losing its value a minimum 80% every year after.
It’s not the only portal seeing Internet Computer price prediction in a negative light. According to Gov.Capital data ICP token have experienced a downtrend for the last 12 months and it is mainly explained by the decreased popularity of this market segment. The Deep Learning algorithm analyses volume and price changes, market cycles, and the tendencies of the similar projects’ tokens, and according to its conclusion the token will lose 100% of its value in 1 year period.
Digitalcoinprice though has a different concern about ICP Price Prediction and finds it possible for the price to reach $197. According to its prediction algorithm and technical analysis, the token price will be going up and doesn’t show the signs of being downtrend. The portal expects the price to almost double in one year and reaches up to $88 and also it predicts the price to overreach $200 in 7 years.
TradingBeasts provide a “middle-ground” Internet Computer price prediction based on the history of the token’s price and the combo of linear and polynomial regressions. According to these data in 1 month the coin price will decrease and stay on the level between $32-$47 with the most likely price of $37.
After one year though the price prediction seems optimistic as the portal expects ICP to be traded for a minimum of $70 and a maximum of $102, which makes it look like a profitable short-period investment. A further meaningful increase in value is not expected until 2024 when the token, according to the prognosis, might cost up to $164.
Internet Computer Price Prediction 2022
We have gathered the latest Internet Computer price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Trading Beasts has set the following targets for Internet Computer in 2022: an average of $15.102, a maximum of $18.878, and a minimum of $12.837. Based on the provided data, purchasing Internet Computer might be a good long-term investment.
PricePrediction.net has come out with a positive price prediction for Internet Computer: an average of $9.86, and a minimum of $9.49 is what holders could be anticipating in 2022.
Wallet Investor is prominent that Internet Computer prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $1.634, with a potential maximum of $0.545, and a minimum of $1.089.
Internet Computer Price Prediction 2023
Similarly, Trading Beasts indicates an average of $21.729, a maximum of $27.161, and a minimum of $18.47 for Internet Computer.
Based on the information provided by key indicators, PricePrediction.net believes that Internet Computer prices could grow next year. The website forecasts the following prices for Internet Computer: an average of $14.33, a maximum of $16.26, and a minimum of $13.84.
According to Wallet Investor, Internet Computer prices are estimated to show negative downtrend signs in 2023, reaching an average of $3.751, with an expected maximum of $1.25, and a minimum of $2.501.
Internet Computer Price Prediction 2024
Trading Beasts expects a continuous positive trend for Internet Computer throughout 2024. The prices are likely to range between a maximum of $32.204 and a minimum of $21.899, with the average price reaching $25.763.
PricePrediction.net has set an average of $20.62, a maximum of $24.36 and a minimum of $20.04 for Internet Computer in two years, therefore predicting value growth for the token.
As for 2024, Wallet Investor is bearish on Internet Computer. Investors should watch out for a potential average of $1.518. The website also indicates a maximum of $0.506 and a minimum of $1.012 in two years.
Internet Computer Price Prediction 2025
Trading Beasts is also indicating an increase in Internet Computer prices, starting from the minimum of $24.358 and reaching as much as $35.821. The expected average price is $28.657.
Furthermore, PricePrediction.net is seemingly enthusiastic about Internet Computer prices in 2024. The website forecasts that the price may go up to as much as $35.12. The expected average price is set at the $31.14 level, whereas the expected minimum price is $30.32.
In 2025 Wallet Investor views Internet Computer negatively. According to the website algorithm, the expected average price is $1.564, with potential maximum and minimum prices reaching $1.043 and $0.521 respectively.
Internet Computer Price Prediction 2030
Trading Beasts predicts that the bullish trend will remain strong for Internet Computer in 2030. Investors could be expecting an average of $46.138. The maximum and minimum prices might hit $61.363 and $30.912 respectively.
Last but not least, based on the sentiment from PricePrediction.net, Internet Computer prices will continue to grow in the long run, with the average price reaching the $181.28 level. The expected maximum price is $218.38 and the potential minimum is $174.79.
According to the long-term forecast from Wallet Investor, Internet Computer has bad investment potential. The prices could reach $2.143 on average, whereas the maximum price could go up to as much as $2.507, and the minimum price could hit the $1.778 point.
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
Is Internet Computer a good investment?
According to the experts' forecasts, Internet Computer will be a good investment.
Does Internet Computer Have Potential?
The ICP is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since Internet Computer forecast is positive, It has potential.
How much will Internet Computer be worth in 2022?
In 2022 the price of ICP is expected to reach $10.7, based on the forecasting from various sources.
How much will Internet Computer be worth in 2023?
In 2023 the price of ICP is expected to reach $16.26, based on the forecasting from various sources.
How much will Internet Computer be worth in 2024?
In 2024 the price of ICP is expected to reach $24.36, based on the forecasting from various sources.
How much will Internet Computer be worth in 2025?
In 2025 the price of ICP is expected to reach $35.12, based on the forecasting from various sources.
How much will Internet Computer be worth in 2030?
In 2030 the price of ICP is expected to reach $218.38, based on the forecasting from various sources.