Internet computers could be the next step toward mass adoption

Leading blockchain data provider Santiment reports that internet-connected computers could be the next step toward mass adoption. Although it is currently ranked 42nd, the continuous efforts of the project developers are remarkable, and 81 useful solutions have been given.

The Internet Computing (ICP) has made significant progress in partnerships, and iRLC is ready to join. Additionally, the team has made a commitment and is working hard to meet that commitment on time. ICP provides solutions such as DFI NFT wallet, identity generation and transactions using LEDGER as U2F key, and has gained a lot of attention on social media platforms such as Twitter with 633,000 followers.

However, despite these promising developments, the ICP native token itself appears dormant and lifeless. While it’s up 120% since the start of the year and appears to have bottomed out, that doesn’t necessarily mean it’s negative. Also, MC’s lack of marketing and high positions is worrisome.

Source: TradingView

Internet computers in the cloud attract extraordinary activity for programmers, but it doesn’t look particularly attractive for trading. At press time, the ICP token is down over 99% from an ATH of $700 to $4.9. It has a use case where 72 pairs are traded on major exchanges.

Overall, while the Internet computer offers great potential for mass adoption, and significant progress has been made in partnerships and useful solutions, it still faces challenges in terms of transactional activities and marketing efforts. Let us wait and see how the ICP team will deal with these challenges in the future.

  • Internet Computing (ICP) Shows Bottom Signal After Big Slump
  • Internet Computing (ICP) Breaks 176-Day Resistance Line, Targets Higher


according to Kyptos

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

- Advertisement - spot_img