💟 Market Health (October-27) The market just had a crash and this is an opportunity for us to continue accumulating Altcoins. Money has been withdrawn from Topcoins and will likely be pushed into mid-cap and low-cap Altcoins. However, it is highly likely that buying will come back strongly and close today's 1Day candle in the green color and the market will be very bullish. But be aware that the market during this period will have strong ups and downs so limit the use of leverage as much as possible because your position will be easily liquidated. ETH also filled the gap at 4000$
💟 Market Health (October-27) Money is being withdrawn from coins that have pumped strongly in the past days and is being redirected to the next coins with lower capitalization, so in the next few days there will be many quick pumps with high profit rates. so please check the market regularly to be able to sell at high price areas. This phase will need about 1-2 weeks before the money flows back to the top coins
💟 Market Health (October-26) The market is recovering very strongly with a lot of coins rising above the ATH (All time high) price zone. Currently, BTC still holds the $60000 zone and that is what has helped the market to confidently grow. Let's continue to accumulate and wait for the pump's turn
💟 Market Health (October-25) BTC is still holding the $60000 zone and this is a good sign for Altcoins. However, because the number of Altcoins is too much, the cash flow will be circulated between them, so actively accumulate Altcoins and wait for their turn to pump. At this time, we must always prepare a reserve in case something bad happens and will buy at a lower price if possible.
💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
ICP has just approached the $55 zone and buying power has appeared, so in the next few days ICP can strongly rally back to the $75 and $100 zones.
📈RED PLAN 🔴Buy : 53.5-56.5$. SL if B
🔴Buy : 73-77$ if A. SL if B
📉BLUE PLAN 🔴Sell : 73-77$. SL if A
🔴Sell : 97.5-102.5$. SL if A
🟣PURPLE PLAN 🔵Sell : 53.5-56.5$ if B. SL if A
🔵Buy : 44-46$ if A. SL if B
❓Details 📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
The Internet Computer is a layer-1 protocol that is developed by the DFINITY Foundation and aims to become ‘a blockchain network that evolves the internet’. This ‘internet computer’ intends to ‘extend the functionality of the public internet so that it can host backend software’ on a smart-contract compatible, distributed network.
To realize this vision, the ICP strives to innovate on the dimensions of block times, confirmation time and scalability of computing and storage power.
The protocol consists of the following major components working in conjunction:
Network Nervous System (NNS): The NNS is the underlying blockchain, which controls the network and allocates computing power provided by the various nodes.
Nodes: Each node is a sub-network with - in functional order - a (i) P2P layer, (iii) consensus layer, (iii) message routing layer and (iv) execution environment.
Consensus: Larger consensus among nodes is generally consensus-mechanism agnostic, but always divided into four layers: a notary layer, blockchain layer, random beacon layer and identity layer.
Neurons: Neurons allow users to stake their ICP utility tokens for voting power on governance proposals. Users earn rewards for voting on proposals. They can also unstake their ICP and convert them into cycles to power computation.
Cycles: Cycles are the computational resource, i.e., the ‘gas’, required to execute actions on the network.
Canisters: Every canister consists of WASM code and memory. Unlike in other chains such as Ethereum, cycles are pre-funded in each smart contract or canister.
Mokoto: A new WebAssembly compiler that is developed by the DFINITY Foundation.
As at May 10th 2021, the total supply of ICP is 469,213,710 and the current circulating supply is 125,067,597 (～26.65%).