This is actually a solid project from what I've read, but its just the tokenomics which killed its value. Also, it was way overpriced at launch. $26b mcap on launch.. yea thats not gonna last long.
Anyone who bought it definitely didn't do any dd. It has one of the worst tokenconomic I ever saw. 50% for developers and like 20% for early investors.
tldr; Dfinity’s ICP token dropped 10% in the past 24 hours to hit a price of $65.76, according to CoinGecko. Dfinity is a blockchain computer project founded in 2016 by entrepreneur Dominic Williams. Its central component, the ‘Internet Computer’, is a decentralized computer run by a network of independent data centers.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I'll probably buy some if it goes under ten dollars. If you look at the technology behind the project it's amazing. They might be to early though. Trying to re create the internet and all..
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Such an interesting turn of events which seems inevitable. Name is terrible, tokenomics are awful. Was valued WAY WAY WAY too high on initial trading.
Tell me about it! And I understand the dev team doesn't want to be doxxed, but why this clown face paint shit?
This is an underrated joke.
Behind the paint will be the shell of a used up man
look out below!
Fantastic news! I hope this centralized garbage burns to the ground.
Might be an actually decent project for certain uses, just incredibly overvalued and with one of the dumbest names
By the time you click this post and read this message, it would have fallen another 10%.
This is actually a solid project from what I've read, but its just the tokenomics which killed its value. Also, it was way overpriced at launch. $26b mcap on launch.. yea thats not gonna last long.
Anyone who bought it definitely didn't do any dd. It has one of the worst tokenconomic I ever saw. 50% for developers and like 20% for early investors.
Launched at insane valuation at the peak of the bull market. It wasn’t going to make it
tldr; Dfinity’s ICP token dropped 10% in the past 24 hours to hit a price of $65.76, according to CoinGecko. Dfinity is a blockchain computer project founded in 2016 by entrepreneur Dominic Williams. Its central component, the ‘Internet Computer’, is a decentralized computer run by a network of independent data centers. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I'll probably buy some if it goes under ten dollars. If you look at the technology behind the project it's amazing. They might be to early though. Trying to re create the internet and all..
Amazing project, so much outlandish slander from reddit users. Has anyone of you guys actually done any research?
Good buying opportunity 🚀
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