Internet Computer (ICP) Price Prediction: From $167M in VC Funding to a 99% Crash – What’s Next?
The post Internet Computer (ICP) Price Prediction: From $167M in VC Funding to a 99% Crash – What’s Next? appeared on BitcoinEthereumNews.com. Key highlights: The ICP price remains in a long-term downtrend, with $3.50 acting as the first major resistance level Internet Computer raised $167 million from top VC firms but remains down nearly 99.8% from its peak CoinCodex’s 1-month forecast points to limited upside unless the ICP price reclaims $3.50 Internet Computer is back in the conversation, but not for the reasons many investors would have hoped. According to crypto analyst Crypto Patel, the ICP launch was one of the most glaring cases where crypto hype turned out to be a costly lesson. The coin managed to get $167 million worth of funding from some of the biggest venture capital firms like a16z, Polychain Capital, and Multicoin Capital. But when it was launched in May 2021, retail buyers entered at around $700, just for the price to fall almost instantly thereafter. The ICP price