The world of the Defis has been on a rollercoaster ride. With a myriad of projects debuting in the market to mark their foothold. Projects like Internet Computer (ICP) came with stupendous ideas of allowing the public to develop innovative Decentralized applications. This helped the protocol establish its reign in the industry.
Furthermore, its blockchain-based computer allocates and gauges smart contract computation and data collection at web speed. Besides, it also grossly oversimplifies the implementation and storage of information. And offers flexible software architectures to the ICP community’s programmers.
Are you one of the many who missed the bandwagon of Internet Computer’s historic price run, and have been analyzing the prospects? Look no further, as we decode the feasible ICP price prediction for 2024 and the years to come!
Cryptocurrency | Internet Computer |
Token | ICP |
Price | $ 11.95884767 |
Market cap | $ 5,549,396,471.8511 |
Circulating Supply | 464,041,070.1264 |
Trading Volume | $ 129,345,404.5969 |
All-time high | $750.73 on 10th May 2021 |
All-time low | No Data |
24 High | $ 12.4230 |
24 Low | $ 11.7910 |
*The statistics are from press time.
After recording a significant jump of approximately 100% in valuation, from $10.550 to $20.990 during March, the ICP price has lost a majority of its gains in April, highlighting a strong bearish reversal for this altcoin in the crypto industry. Since then, the Internet Computer token has been constantly hovering close to its support/resistance level of $13.335.
Despite recording a jump of approximately 7% within the past day, this altcoin has displayed a neutral trend within the past week and has lost approximately 23% over the past 30 days, indicating a long-term bearish influence for this altcoin in the crypto industry.
The Moving Average Convergence Divergence (MACD) shows a constant flatline in the chart, indicating a consolidated price action for the altcoin within the market. Moreover, the averages display a neutral trend, highlighting uncertainty in ICP’s price action for the upcoming week.
If the market holds the price above the support level of $13.335, the bulls will regain momentum and prepare to test its upper resistance level of $19 in the upcoming weeks. Conversely, if a trend reversal occurs, the ICP price will lose momentum and fall to test its lower limit of $10.550.
The ICP price has displayed a notable run during the year 2023 by adding over 130% to its portfolio. The influx of safety and manageability features, coupled with intriguing ad campaigns, can elevate Internet Computer’s price to a notable extent.
In such a case, the price could propel to its potential high of $26.87. Conversely, a possible regulatory clampdown could dissolve the price to a minimum of $11.89. With this, the price is predicted to conclude the year with an average trading price of $19.38.
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 18.89 | 22.88 | 26.87 |
2025 | 23.29 | 28.96 | 34.63 |
2026 | 32.71 | 37.88 | 43.05 |
2027 | 40.40 | 46.485 | 52.57 |
2028 | 49.68 | 55.225 | 60.77 |
2029 | 57.03 | 65.645 | 74.26 |
2030 | 63.18 | 79.49 | 95.81 |
The year 2025 could bring in a considerable price hike for the broader industry. Internet Computer developmental projects focusing on education, awareness, and technological prowess could escalate the cost to $34.63.
However, emerging rivals, stiffer competition, and a lack of fueling initiatives could drag the price to lows of $20.29. With this, the price would conclude the year with an average trading price of $27.46.
According to our analysts, Internet Computer price for 2026 could range between $26.26 to $43.05, and the average price of ICP could be around $34.65.
According to our analysts, ICP’s prediction for the year 2027 could range between $35.39 to $52.57, and the average Internet Computer coin price could be around $43.98.
According to our analysts, Internet Computer’s forecast for the year 2028 could range between $44.75 to $60.77, and the average ICP coin price could be around $52.76.
According to our analysts, ICP predictions for the year 2029 could range between $52.87 to $74.26, and the average PancakeSwap price could be around $63.56.
According to our analysts, ICP predictions for the year 2030 could range between $63.18 to $95.81, and the average Internet Computer price could be around $79.49.
Firm Name | 2024 | 2025 | 2030 |
Wallet Investor | $6.815 | $2.509 | – |
priceprediction.net | $15.85 | $23.03 | $138.00 |
DigitalCoinPrice | $23.34 | $32.44 | $95.52 |
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
As per the formulated ICP price prediction by the expert panel of Coinpedia. Considering the recent developments and the planned updates as per the roadmap.
The maximum price of ICP can be $26.87 by the end of December 2024. Apart from that, the minimum and the average cost of ICP could be around $11.89 and $19.38, respectively.
Internet Computer was developed by DFINITY- an NGO, which is one of the successful organizations. That attracted a considerable amount of funds from investors during its early stages. The organization was founded in October of 2016 by Williams. It had garnered the interest of the masses owing to the implementation of blockchain technology.
The Foundation launched the Internet Computer in May of 2021. Internet Computer’s ICP is a utility token that empowers customers to connect and administer the Internet Computer public blockchain. The protocol aims to make building websites simpler alongside internet services, and DeFi programs. This would be done by allowing users to run existing code on the open Network.
Internet Computer was founded by Dominic Williams, who is also the Chief Scientist of dfinity. Dominic is a crypto theoretician, who is the inventor behind Threshold Relay, Probabilistic Slot Consensus, etc… He was also the President and CTO of String Labs. And an early pioneer of decentralized finance at Mirror Labs and the founder of Fight My Monster.
The platform is designed with the intent of storing data using blockchain and retrieval of the same as an open-source digital asset. The ICP is a node in decentralizing the power of the Internet. The project has been helping build services to devise a relatively more diverse, productive, passionate, and dominant ecosystem.
Furthermore, it wears the crown of the world’s first, and largest blockchain. Which operates at web speed and therefore has no restriction on bandwidth. Besides Ethereum, it also includes three other blockchain innovations.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
The innovation and team behind the token are excellent. You can surely add it to your watch list, do your research, and check if it suits your portfolio.
The ICP has solid fundamentals and it has the potential to rise in the future. However, the crypto market is highly volatile, so making hard predictions is impractical.
According to our Internet Computer price prediction, ICP can cross the maximum margin of $26.87 by the end of 2024.
The Internet Computer (ICP) price is anticipated to touch its potential high of $34.63 by the year 2025. With a potential surge, the price may reach a high of $95.81 by the end of 2030.
You can buy ICP from renowned exchanges like Binance, Huobi, Coinbase, etc…
At the time of publishing, the price of 1 Internet Computer token was $13.458.
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