Internet Computer Price Predictions: How High Can Web 3.0 Take Crypto ICP?

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There’s a new crypto in the spotlight, and it has an interesting name. The price of internet computer (CCC:ICP-USD) has appreciated more than 17% in the past 24 hours. However, the ICP crypto first became tradable in mid-2021 and has since lost over 90% of its value. Therefore, investors seek out internet computer price predictions to see exactly where this crypto is going next. At the time of writing this article, Internet Computer is the 30th largest crypto based on its market capitalization of $6.5 billion. The classification of a place is Stellar (CCC:XLM-USD), which carries a market cap of $7 billion.

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Internet Computer is a blockchain developed by the Dfinity Foundation. The basic theme behind PKI cryptography is to create a decentralized internet system using a set of protocols that will allow independent data servers to come together and provide an alternative to current cloud services.

In the latest PKI crypto news, Dfinity has successfully created a cross-blockchain bridge, called Terabethia, which can connect to the Ethereum (CCC:ETH-USD) network. Therefore, ERC-20 tokens will be able to exist natively on Dfinity’s network. Additionally, Terabethia will allow the two blockchains to communicate and exchange tokens and smart contracts.

Moreover, ICP crypto continuously attracts Web 3.0 fans with its developments. According to InvestorPlace writer Brenden Rearick:

“Investors are digesting the network’s year-end crypto ICP news, which included a huge 25 proposals introduced in the network. These proposals set a host of ambitious goals for the network. And, they do a good job of getting people excited about the currency.

With all recent developments in mind, investors are anticipating internet computer price predictions. Let’s cut to the chase.

Internet Computer Price Predictions: What’s Next for ICP?

  • CryptoNewsZ has a 2022 price prediction of $115. This implies an impressive 240% upside from current prices. CryptoNewsZ adds that while other major cryptocurrencies like Bitcoin (CCC:BTC-USD) and Ethereum remain stable, so the crypto ICP should also enjoy gains. Additionally, CryptoNewsZ has a price prediction of $200 for 2025, which would imply a 492% upside.
  • Coin Price Prediction has a 2022 price prediction of $40.39. This figure represents an increase of 19%. Notably, this prediction was formulated using “prediction models, a set of parameters that the computer can use to make decisions, and a learning component that allows the system to change the parameters based on the ‘experience”. Coin Price Forecast states that over time, its prediction models will self-improve based on past learning experiences.
  • Investor Portfolio has a 2022 price prediction of $1.73. This implies a dizzying drop of more than 94%. Wallet Investor’s proprietary sentiment meter indicates that the sentiment surrounding the ICP crypto over the past 30 days has been slightly bearish. The website adds that ICP crypto could potentially be a “poor one-year high-risk investment option.”

At the date of publication, Eddie Pan did not hold (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.

The post office Internet Computer Price Predictions: How High Can Web 3.0 Take Crypto ICP? appeared first on InvestorPlace.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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