HomeICP is surging after ERC20 tokens enabled on its network, up 17% today: where to buy ICP

ICP is surging after ERC20 tokens enabled on its network, up 17% today: where to buy ICP

December 24, 2021 By Daniela Kirova

The live Internet Computer Protocol (ICP) price today is $28 with a 24-hour trading volume of $543.5 million. Internet Computer is up almost 17% in the last 24 hours. A new cross-chain bridge between Ethereum and Internet Computer will make it possible to support native ERC20 tokens on the ICP network. Here are the top places to buy ICP now.

Top places to buy ICP now

Failed to load data.

What is ICP?

Internet Computer launched this year. Its USP was a “reverse gas model”, which was believed to improve scalability. According to this model, developers secure the funds needed to run the contracts or apps that use their gas. This fee is paid to Internet Computer, which was built by Definity Foundation to help facilitate a decentralized web infrastructure layer. The new cross-chain bridge, Terabethia, precedes Internet Computer’s native Ethereum integration, which will make it possible for the two blockchains to interoperate. The integration will enable smart contracts on Internet Computer to hold ETH assets on Ethereum and make calls to them. The ability to port assets between Ethereum and Internet Computer can help create liquidity and complementary products for the chains’ users, such as DeFi products and NFTs.

Should I buy ICP today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

ICP price prediction

According to Price Prediction, the price of Internet Computer will be at least $38 in 2022. The highest it can go up to next year is $45. In 2023, the price of Internet Computer is predicted to reach at least $54. The maximum it can reach is $67. The following year, it will be trading for at least $73.  

ICP on social media