/biz/ - Business & Finance

Anonymous Tue Nov 29 15:01:56 2022 No.52662955 [View]
File: 42 KB, 1678x288, ICP metrics - 11-29-2022.png [View same] [iqdb] [saucenao] [google]

>>52662676
The challenge with buying ICP is trying to predict the inflection point at which the token becomes inflationary. DFINITY is legitimately doing a good job to build the tech, but they have been light when it comes to marketing. DCA is a generally good strategy to accumulate ICP, but realize that nobody knows when or where the bottom will be. Keep an eye on the following metrics, which you can follow on dashboard.internetcomputer.org:
>Total number of Canisters (14x in 1 year)
>Transactions/second (3x in 1 year)
>Cycle Burn Rate (20x in 1 year)

With all the goodies coming out (BTC integration (which is being installed NOW), SNS, of which the first tokenized DAO which comes out TODAY) and future tech in the pipeline, ICP is looking better all the time. Low IQ retards that only look at the price chart get fucked.

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