The Internet Computer Coin (ICP) network may have suffered a bad first year, but bulls aren’t giving up. Its backer, Dfinity Network, has announced that 2022 is the year of ICP. A recent ICP coin news article outlined 25 proposals that would build out the network in far-reaching ways. These proposals are helping to boost the value of the currency.
The price of ICP has been very volatile in recent months. A number of price prediction sites have predicted that the price will rise significantly over the next decade. These predictions vary in terms of the pace, but most sites suggest that the coin will reach $180 by the year 2030. However, before investing, it’s important to make your own research to make sure that the price will increase as predicted.
Some analysts have made predictions that the price of ICP will fall to $0.16 in a year. After that, they predict a rally to $1.50 in 2024 and a price range of $0.80 in 2025. If you’re considering buying ICP, you’ll want to get in now while the price is at least $1.65.
The DFINITY Foundation was founded in 2016 in Switzerland. This non-profit organization aims to research and develop the Internet Computer. It will be officially launched in May 2021. Its team of researchers hails from across the world, including cryptographers with over 200 patents. Its first public ICO was held in February 2017 and then two private fundraising rounds in 2018 and 2019. In the beginning of 2021, the ICP token will be listed on Coinbase and Huobi.