Why did ICP coin crash?

Why did ICP coin crash?

While ICP sounds great on paper, its price crashed because of the bad token distribution process. Project insiders transferred $2 billion worth of ICP to crypto exchanges. Investors felt that the insiders were planning to dump their holdings, and this triggered a massive price drop.

Will Internet computer rise again?

After starting the year above $115, the price of Internet Computer will rise to $130 in the first half of 2022 as per our Internet Computer forecast. It’s then expected to gain significantly and end the year around $140.

Is internet computer (ICP) a good investment?

The Internet Computer is known as the first cryptocurrency that is fully backed by the protocol. According to some of the crypto experts, the use of Internet Computers is considered a significant investment compared to other cryptos. Similar to the rest of the cryptos, it does face some ups and downs.

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What is ICP cryptocurrency?

The ICP cryptocurrency has so far shown signs of bullishness as well as being sensitive to crypto news which culminates in bearishness. Internet Computer can be used to create anything you can currently find on the internet.

Is now the best time to invest in ICP crypto?

Prior to the latest crypto meltdown, it appeared to be the ideal time for ICP crypto. Heavyweights such as Ethereum and Bitcoin were at or near all-time highs. Even more obscure currencies, like Ethereum Classic, had had bull runs. When it comes to ICP crypto, it has proven to be great for anyone with a very short-term trading plan.

How to buy internet computer coin (ICP)?

To buy Internet Computer coin ICP, follow the below steps discussed for the beginners: 1 Firstly, you have to choose the crypto exchange for buying Internet Computer coin. Look for the Crypto exchange who can… 2 Now open your account to start buying Internet Computer. Fill in all your details in it to proceed into the verification… More

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