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Internet Computer Price Prediction: Can Internet Computer Join Bitcoin And Ethereum At The Top?

Internet Computer has certainly been one of the breakthrough coins this year. To find out ICP price prediction and other information about this coin, look no further than this article!

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Internet Computer Fundamental Analysis

Project name
Internet Computer
Stock Symbol
Current Price
Current Supply
Official Website

ICP is a utility token native to Internet Computer – the network for building and running distributed software at revolutionary speed and scale. The project’s team is calling it the third most important invention in crypto space after Bitcoin and Ethereum. Their goal is to develop a more democratic, decentralized alternative to the services currently provided by the Big Tech monopolists like Amazon and Google. 

Internet Computer is based on the worldwide network of nodes located in data centers, and provides a platform for distributed computing. The software on this platform is hosted in so-called canisters, which are essentially improved, scalable, tamper-proof smart contracts, open for anyone to develop and deploy. The services built on Internet Computer are as fast, easy and free to use for the end user as the traditional web services. People wanting to participate in running the network or its governance more actively can use the ICP tokens to do it.

Internet Computer Live Price Chart

ICP started strong, hitting $750 at its launch on May 10, 2021, on Coinbase Pro. It’s been mostly in decline since then, despite rallying briefly on May 13 and later on May 20. At June 10, it hovers around $69. Still, even at this price its market cap is more than $8.5B, which puts it quite high in the rankings. Long-term price predictions for ICP also remain positive, estimating ICP to close 2021 at least doubled in price, with the potential to grow further: it looks like a lot of people are betting on the future success of the underlying technology, which will undoubtedly positively impact this token’s price.

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Internet Computer Technical Analysis

Despite the fact that 100% accurate technical analysis for Internet Computer cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated ICP buy-and-sell rating for selected timeframe. The summary for ICP/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Internet Computer Price Prediction

Below we have collected the most reliable price projections for Internet Computer (ICP) from popular forecast platforms.

WalletInvestor ICP Price Prediction for 2022, 2024, 2026

According to WalletInvestor, Internet Computer price will drop from $19.38 to $1.936 in one year. That makes ICP an bad investment. The long-term earning potential is -90.01%.

TradingBeasts ICP Price Prediction for 2023

Answering the question about if Internet Computer is a good investment, TradingBeasts say a resounding yes. In the 2022 perspective, this coin price is predicted to reach $51.734 with a growth to $67.493 by the end of 2023.

DigitalCoin ICP Price Forecast for 2022, 2023, 2024, 2026

In DigitalCoin analysis, the price of Internet Computer cryptocurrency will rise in the next 5 years starting from $27.2339937 as of today’s price to $121.3162096. It will go up to $40.5066978 by 2023 and continue its growth in 2024-2025. Based on this forecast, Internet Computer is a profitable long-term investment.

LongForecast ICP Price Prediction for 2022-2023

In 2022, the average Internet Computer price will go down to $10.00875. In 2023, Internet Computer’s price will drop significantly to an average of $9.53.
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As it can be clear from the analysis cited above, Internet Computer (ICP) projections are rather contradictory. There is no universal consensus either about positive or negative future ICP price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Internet Computer projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
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Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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