🌐 A new emission of a currency that was about to die
The ICP currency and why it collapsed from 750$ to $3? 📉
The Internet Computer (ICP) project aims to reinvent the internet to be "fully decentralized," allowing websites and applications to operate directly on the blockchain without the need for major companies like Google or Amazon.
📍 Reasons for the historical collapse:
1️⃣ Overvaluation: Upon launch in 2021, the price started with an astronomical figure ($750) that did not reflect the actual value of the project at the time.
2️⃣ Investor sell-off: Early investors sold massive amounts to take profits immediately after listing.
3️⃣ Vesting: The ongoing release of locked tokens into the market increased supply and drove down the price.
4️⃣ Bad timing: The launch coincided with a general downturn in the crypto market.
📊 The language of numbers:
• Supply: About 475 million circulating tokens.
• Current situation (2025): The project has made a strong comeback through the integration of artificial intelligence (AI) technologies and directly linking the Bitcoin network to its protocol.
💡 Summary: A powerful technology is a victim of a poor financial launch, but it has recently begun a journey of technical and price recovery.
