Internet Computer (ICP) is an open-source peer-to-peer cryptocurrency that aims to create a decentralized content platform for entertainment. Internet Computer was launched in 2018 by the encrypted messaging platform Telegram, but the project was then abandoned due to legal problems with the US SEC. The project was then taken over by the TON Foundation, an independent community of enthusiasts who defined themselves as the TON Foundation, and renamed from “Telegram Open Network” to “The Open Network”.
Internet Computer is based on the popular internet meme ‘Tron’ and its logo is a toothed wheel. Internet Computer is a fork of Ethereum and uses EVM technology for its proof-of-stake consensus algorithm
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Table of Contents:
When will it reach 1 dollar?
Internet Computer reached the value of 1 dollar for the first time on January 5, 2018, coinciding with the launch of its mainnet. Since then, the price of ICP has fluctuated several times, following trends in the cryptocurrency market. The price of ICP at the time of writing this essay is about 14 dollars
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When will it reach 10 dollars?
Internet Computer has not yet reached the value of 10 dollars, and it is not possible to predict with certainty if and when it will do so. However, some factors that could influence the price of ICP are market demand and supply, popularity and adoption of the platform, competition with other platforms, regulations, and unforeseen events. Internet Computer has proven to be an innovative, scalable and interoperable platform, which attracts the interest of many developers and users. Internet Computer also has a strong vision and a solid team behind it, which is constantly working to improve the platform and expand its ecosystem
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When will it reach 100 dollars?
Internet Computer has not yet reached the value of 100 dollars, and it is not realistic to think that it will do so in the near future. To achieve this goal, Internet Computer should have a market capitalization of about 50 billion dollars, higher than that of many of the world’s major cryptocurrencies. In addition, Internet Computer has an unlimited offer, meaning that there is no limit to the number of ICPs that can be created. This could lead to a dilution in value and a loss of investor confidence. Internet Computer should therefore prove to have strong utility and wide adoption to justify such an assessment
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When will it reach 1000 dollars?
Internet Computer has not yet reached the value of 1000 dollars, and it is not realistic to think that it will do so in the near future. To achieve this goal, Internet Computer should have a market capitalization of about 500 billion dollars, higher than that of the entire cryptocurrency market and that of many of the world’s largest economies. This scenario is highly unlikely, if not impossible, considering the nature and purpose of the Internet Computer. Internet Computer was born as a decentralized content platform for entertainment, not as a global currency or a store of value
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Is it considered a good investment?
Internet Computer is considered by many to be a good investment, as it offers a simple, fast and economic solution for making and receiving digital payments. Internet Computer also has a very active and passionate online community, which supports and promotes cryptocurrency with enthusiasm and humor. Internet Computer has also benefited from the endorsement of some celebrities, such as Elon Musk, Snoop Dogg and Mark Cuban, who have expressed their appreciation and support for ICP on social media
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However, investing in Internet Computer also involves risks, as with any other cryptocurrency. The price of ICP is subject to strong fluctuations, which may be influenced by internal and external factors. In addition, Internet Computer does not have a clear and defined roadmap, nor does it have a dedicated and professional development team. Finally, Internet Computer faces competition from other cryptocurrencies that offer similar or better solutions, such as Ethereum, Cardano, and Solana
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Price forecasts from 2024 to 2030
Here is a table with ICP’s price forecasts from 2024 to 2030, based on different sources and analysis methods. These are indicative estimates and not financial advice, and they do not take into account any unforeseen factors that could affect the price of
ICP.
| Anno | Low forecast | Average forecast | High forecast |
|---|---|---|---|
| 2024 | $20 | $40 | $80 |
| 2025 | $30 | $60 | $120 |
| 2026 | $40 | $80 | $160 |
| 2027 | $60 | $120 | $240 |
| 2028 | $80 | $160 | $320 |
| 2029 | $100 | $200 | $400 |
| 2030 | $120 | $240 | $480 |
