What is Internet Computer (ICP) Coin? What is its price prediction?

[Swarnima Sharma]

Internet Computer (ICP), the crypto token of Zurich-based non-profit research firm DFINITY Foundation, debuted on trading platforms on May 10, 2021. Its price soared to a record high of US$ 737 apiece within a week of its debut. The high spirits, however, did not last long as the token witnessed a massive slump amid the crypto market crash later in May, falling by 85 per cent to US$ 107 per token. 

In the wake of the token’s abrupt rise and fall, crypto experts and traders raised concern about insider trading and uncapped token supply, although DFINITY Foundation went on to deny all allegations.

ICP token is making a buzz once again among traders as the overall crypto market delves into recovery mode.

At present, ICP token’s fully diluted market cap stands at around US$ 20 billion, and it ranks among the top 20 tokens on the CoinMarketCap website.  

Let us look at ICP token’s current price movement and predictions.

Internet Computer (ICP) coin price prediction: https://kalkinemedia.com/ca/stocks/financial/what-is-internet-compu...