ICP Price Prediction - Is It Worth It To Invest In ICP?
The major purpose of the Internet Computer is to increase the public internet, so it may be the world’s computer corporation. Moreover, the scientific breakthrough underlying this platform is Chain Key technology, which incorporates hundreds of sophisticated technologies that include innovative Consensus, Non-Interactive Distributed Key Generation (NI-DKG), Internet Identity ,Network Nervous System (NNS), and many more.
Notably, the initiative was started in October 2016 by Dominic Williams. However, it received substantial attention from the crypto ecosystem. More so, DFINITY collected a total of $121 million from contributors including Andreessen Horowitz, Aspect Ventures, ZeroEx, Electric Capital, Scalar Capital, SV Angel, Polychain Capital, and Multicoin Capital, and numerous noteworthy early Ethereum investors. In 2018, over 50,000 registered participants obtained ICP utility coins in an airdrop.
Now, this information might have made you interested in investing in ICP. To know more about the project and its price predictions, here's what we have for you.
At web speed and with unlimited storage capacity - ICP or Internet Computer is the world's first blockchain that is really limitless. In addition, it is the third-largest blockchain invention after Bitcoin and Ethereum. Tokenized internet service and decentralized financial systems may be developed using the Internet Computer's innovative new approach, as well as standard corporate systems and websites.
It is currently trading at $25.10 with a 24-hour trading volume of $156,764,995 for Internet Computer (ICP). In the last 24 hours, the price of ICP has decreased by 2.64 percent.
In addition, ICP now has 157,079,257.95 ICP in circulation. Binance, Huobi Global, OKEx, Bitget, and ZBG are now the most popular cryptocurrency exchanges for ICP.
Internet Computer is expected to hit $200 by the end of 2022 if this positive trend continues. The first half of 2022 is expected to show rapid growth, with prices rising as high as $250. After then, the growth is predicted to decrease, but no significant drops are anticipated. However, reaching $200 will be possible in the near future if there are new collaborations and advances in the near future.
However, the cost of an Internet computer might soar to as much as $350. Furthermore, this is only possible if the market's bullish trend is maintained. Additionally, only if the cryptocurrency Internet Computer breaks beyond the psychological barrier.
Internet Computer pricing projection and new project predictions are based on the platform's newest upgrades, improvements, and updates. Furthermore, this might lead to an increase in the price of Internet Computer (ICP) on the crypto market, which would be the greatest investment as the price could rise to $500.
Prices for Internet computers might soar to $720 in the next four years. For Internet Computer, however, it would not be difficult to find additional medium, short-term, and long-term price points to buy or sell orders in order to attain this level. According to the forecast, Internet Computers will likely hit a new all-time high within the next five years.
Make sure to keep in mind the fact that cryptocurrency prices are very volatile and may always go against you. The past does not guarantee the future, therefore be aware of this.
Remember that your choice to trade is based on your risk tolerance, your competence in this market and the spread of your investment portfolio. If you are not comfortable with losing money, don't trade. Do your own study. Don't risk more than you're willing to lose by investing.