• Developers Count Spikes on Internet Computer: According to Santiment’s data, the number of developers working on the Internet Computer (ICP) has steadily increased over the past three years.
• The Internet Computer Chatter: ICP has been gaining significant traction on social media platforms, particularly Twitter. As of press time, its social volume surpassed 70, indicating a substantial amount of discussion surrounding ICP.
• Price and Volume are not as Impressive: On a daily timeframe, ICP displayed significant gains from January to February, exceeding 100%. However, it subsequently suffered a downturn that resulted in a loss of over 30% of its initial gains.
Internet Computer Attracts Developer Activity and Social Media Attention
Internet Computer (ICP) is a relatively new cryptocurrency that has attracted surging developer activity and social media attention. Despite this increase in popularity however, its trading volume and price performance have been less than impressive with volumes declining and only small gains being made.
Developers Count Spikes on Internet Computer
Santiment’s data shows that the number of developers actively working on the Internet Computer (ICP) project has steadily increased over the past three years. Currently there are five active developers with an overall count at 44.92; this figure is even higher when taking into account recent spikes in developer activity which peaked at around 403 according to reports as of writing.
The Internet Computer Chatter
ICP has gained considerable traction on popular social media platforms such as Twitter with its current social volume having exceeded 70; this indicates a lot of discussion surrounding the cryptocurrency project itself.
Price and Volume are not as Impressive
Examining the volume metric can provide insight into how successful ICP has been thus far; unfortunately it does not appear to have performed very well as figures have declined compared to those from 2022 with current volumes standing at around 20 million at press time. Additionally while there were some noteworthy gains made between January-February 2021 these were quickly lost due to subsequent downturns leading to losses exceeding 30 percent of initial gains; currently ICP stands at $4.95 representing only 1 percent gain since then as reported by TradingView .
Conclusion
Although it appears promising for now overall performance metrics for ICP do not look too optimistic however given its newfound surge in popularity amongst developers and traders plus favourable prices predictions for 2023-24 one cannot rule out potential upturns in fortunes for Internet computer anytime soon