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 Price Prediction: Can Internet Computer Join Bitcoin And Ethereum At The Top?
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Table of Contents
Internet Computer Fundamental Analysis
Project name
Internet Computer
Stock Symbol
ICP
Current Price
3.07998236853837
Current Supply
506432777.57812274
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.
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.
Internet Computer Price Prediction for 2023
As of the beginning of 2023, Internet Computer price predictions are mostly pessimistic, predicting a decline to $0.39 (WalletInvestor) and even lower, down to $0 (according to TradingBeast) by the end of 2023.
Potential ROI:
-93%
Sell
Internet Computer Price Prediction for 2024
In their Internet Computer price predictions for 2024, WalletInvestor forecasts the coin’s price to go down to $0.638 by December. Forecasting Internet Computer future, TradingBeast expects further decrease of its price, too, saying the Internet Computer price will reach ~$0 by that time. On the contrary, PricePrediction.net keeps predicting Internet Computer price growth, quoting prices around ~$5.112771 in 2024.
Potential ROI:
-38%
Sell
Internet Computer Price Prediction for 2025
The experts are unanimous in their Internet Computer price forecasts for 2025 — everybody expects Internet Computer’s price to drop down by the end of that year. WalletInvestor predicts the price to fall, reaching $0.613. According to TradingBeast’s research, Internet Computer’s price can drop down to $0. PricePrediction.net’s forecast is also not so positive: its analysts hold the view that by 2025 Internet Computer’s price will be about $0.338798.
Potential ROI:
-90%
Sell
Internet Computer Price Prediction for 2026
WalletInvestor has only pessimism in store for the 2026 Internet Computer price prediction, valuing Internet Computer at $0.831 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $0 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their Internet Computer price prediction for December of this year is just $4.127176.
Potential ROI:
-46%
Sell
Internet Computer Price Prediction for 2030
Most experts are expecting a bleak future for Internet Computer: long-term Internet Computer price predictions promise significant decline by 2030. PricePrediction.net predicts the price to reach $0.831595, while WalletInvestor goes down for $0.30747. TradingBeast also puts not so big hopes on Internet Computer in the long term: its Internet Computer prediction for 2030 is $0.
Potential ROI:
-88%
Sell
Summary
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).
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.
