{"id":1820,"date":"2022-01-05T07:03:43","date_gmt":"2022-01-05T07:03:43","guid":{"rendered":"https:\/\/tradersofcrypto.com\/news\/?p=1820"},"modified":"2022-01-05T07:03:44","modified_gmt":"2022-01-05T07:03:44","slug":"why-internet-computer-icp-is-gaining-ground","status":"publish","type":"post","link":"https:\/\/tradersofcrypto.com\/news\/why-internet-computer-icp-is-gaining-ground\/","title":{"rendered":"Why Internet Computer (ICP) is Gaining Ground"},"content":{"rendered":"\n

Internet Computer (ICP)<\/a> is breaking out of its stagnant price, after adding more than 20% overnight on Tuesday. ICP traded above $34, following a recent recovery of platform coins<\/a>, especially the ones carrying significant DeFi liquidity or NFT projects. The asset extended its gains above $36.02, with expectations of another cycle of appreciation. ICP is close to \u201cflippening\u201d Stellar (XLM)<\/a> while potentially getting closer to the top 20 list.<\/p>\n\n\n\n

ICP entered the top 30 of coins by market capitalization, possibly returning from obscurity after a brief stint as a top 5 coin right after its launch. ICP sank under $50 on significant selling from early buyers, as well as the unlocking of tokens over time. But the network is now gaining traction and ICP may return to a higher valuation. <\/p>\n\n\n\n

Binance Extends ICP Pairings<\/strong><\/h3>\n\n\n\n

ICP was one of the tokens to get a brief boost from a recent addition of new Binance exchange pairs<\/a>.\u00a0<\/p>\n\n\n\n

\n

#Binance<\/a> adds 9 new trading pairs:

\ud83d\udd38 $ATOM<\/a>\/ $ETH<\/a>
\ud83d\udd38 $DUSK<\/a>\/ $BUSD<\/a>
\ud83d\udd38 $EGLD<\/a>\/ $ETH<\/a>
\ud83d\udd38 $ICP<\/a>\/ $ETH<\/a>
\ud83d\udd38 $LUNA<\/a>\/ $BRL<\/a>
\ud83d\udd38 $LUNA<\/a>\/ $UST<\/a>
\ud83d\udd38 $NEAR<\/a>\/ $ETH<\/a>
\ud83d\udd38 $ROSE<\/a>\/ $BNB<\/a>
\ud83d\udd38 $VOXEL<\/a>\/ $ETH<\/a>https:\/\/t.co\/XT1ttUuxj5<\/a><\/p>— Binance (@binance) January 4, 2022<\/a><\/blockquote>