What Price Will Internet Computer Peak at in the Ongoing Bull Run? ICP Analyst Spots Strong Bullish Pattern

As the cryptocurrency market witnesses a bullish resurgence, several analysts are making bold predictions about the future price trajectory of Internet Computer (ICP), the native token of the Internet Computer blockchain.

Joel Vazquez, a prominent crypto analyst, believes that ICP could potentially reach a staggering $2,831.02 at the peak of the ongoing bull run. However, Vazquez acknowledges that this increase may not happen immediately, suggesting a gradual upward trend with potential small dips along the way. He expects ICP to first jump straight to $136 before continuing its ascent.

New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!

Sponsored

Show more +

Web3Advocate, another crypto enthusiast, shares a similar sentiment, describing ICP as “the most undervalued blockchain for years.” They argue that if ICP had a community size comparable to Ethereum (ETH) or Solana (SOL), its market capitalization would easily exceed $100 billion, given its “untouchable” technology. It’s worth noting that ICP’s current market cap stands at $7 billion, while Ethereum’s market cap is over $370 billion.

MotokoMartin, an ICP proponent, suggests that a 10x increase from the current ICP price would bring its total valuation to approximately $70 billion. They believe that achieving a valuation between $70 billion and $350 billion is realistic, as multiple “inferior blockchain networks” have reached valuations well above $100 billion.

Adding to the bullish chorus, HArtist, a technical analyst, claims that ICP is exhibiting the “lurking leopard” pattern, which they describe as a “one in a billion pattern.” This pattern, according to HArtist, signifies that the technology behind ICP is superior and “hidden in plain sight,” making it the “most bullish pattern of all time.”

While these predictions may seem ambitious, they highlight the growing optimism surrounding the Internet Computer blockchain and its native token. As with any investment, it’s crucial for individuals to conduct their own research and exercise caution when making financial decisions.

Join Aethir’s exclusive airdrop and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!

Check $RECQ Meme Coin

Sponsored: Invest Responsibly, Do Your Own Research.
Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo