Internet Computer Protocol has been the talk of the town recently with its native ICP cryptocurrency registering 222% gains over the last month. Over the last 24 hours, the ICP price has surged by 15% shooting past $15 while its 24-hour trading volume shot by 107% to $614 million.
The ICP protocol seems to be gaining traction as the price jumped by 70% just over the last week, while flipping Shiba Inu (SHIB) as the 17th largest cryptocurrency by market cap.
Surging Interest in Internet Protocol (ICP)
ICP’s value is not solely tethered to Bitcoin’s volatility; instead, its fundamentals are influenced by various utilities. Its worth is impacted by functionalities such as its capacity to store value and the ability to stake through the Network Nervous System (NNS).
The NNS, functioning as the DAO for the Internet Computer blockchain, empowers users to engage in an open, permissionless governance system by staking ICP utility tokens in neurons. Through this system, participants can vot
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