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What is wrong with Internet Computer coin?
The Internet Computer price has struggled in the past few months. Its price has crashed to the current $34.65, which is more than 80\% above its highest level on record. Its market cap has also crashed to more than $4.8 billion, making it the 21st biggest coin in the world.
Is ICP better than Bitcoin?
ICP price in the future With 80-90\% of ICP locked in neurons, and the rest being bought at any price and burned to fuel the usage of popular dapps, ICP’s price could easily exceed bitcoin’s! Bitcoin’s price is based on it being a “store-of-value”.
What is ICP in Crypto?
Internet Computer (ICP) is a utility token that allows users to participate in and govern the Internet Computer blockchain network.
Why is ICP so low?
On top of this, Internet Computer was hit hard during the recent correction in the cryptocurrency markets. While many other altcoins dropped by 50\%, ICP has fallen over 90\% from its peak. This is due to 2 main factors: Coinbase listing hype and Seed and Presale investors with short vesting periods.
What is ICP Crypto?
Internet Computer (ICP) is a blockchain-based decentralized network intended to provide a “limitless” environment for smart contracts and other decentralized applications to run at web speed.
Will Internet computer crypto go up?
Digital Coin shared a more bullish view on the Internet Computer price movement. It estimated the ICP price could reach $38.86 by the end of 2021, increase to $43.71 in 2022, move up to $75.2 in 2025 and hit $109.91 in 2028.
How do I not get scammed when investing in cryptocurrency?
The only way to not get scammed is to trust legit sources of information, as well as self-education of investors through trusted sources like CoinSutra. CoinSutra has all the material to make you understand how the whole crypto ecosystem works that’s why all you need to do is to spend some time teaching yourself so that you don’t get scammed.
Should you read bitcoinist’s reaction to ICP?
First, there was Bitcoinist’s initial reaction to the project and the explanation of ICP’s tokenomics. Then, we echoed the concerning report that painted a centralized and censorship-inclined future. It would be beneficial if you read them both. There are a lot of ICP-specific terminology in the following text. Get 110 USDT Futures Bonus for FREE!
What are some of the best fake cryptocurrency ICO sites?
bitgamecash.io – Fake Team/ stock images and stealing people’s identity. bitmonk.coinmonkey.io – ICO with a Fake Team. Bitraw.io – Bitcoin Cloud Mining. blockkonnect.com – ICO with a Fake team. Blockmall.store – ICO with a Fake team.
What is a Ponzi scheme in crypto?
If you find a crypto project that actively encourages the recruitment of new investors to maximize your profits, it is a Ponzi scheme. This system works on the model of scamming the one who enters the system later. Also, schemes that promise absurd returns are definitely Ponzi schemes.