Internet Computer (ICP) dropped 40.38% over the past year and is presently trading at $4.14. With prices at an all-time low, should you invest? Find out as we discuss fundamentals, price, and technical analysis with Internet Computer (ICP) price prediction for 2023, 2025, 2030, 2040, and 2050.
Developed by DFINITY Foundation in hopes of creating the very first “World Computer” their Initial Coin Offering was successful in raising funds from numerous VCs and hedge funds. The craze within the world of decentralized finance certainly justified the token price of $428.4842 back in May 2021. This unexpected drop of Internet Computer over the past two years has left investors worrying. Should you enter or simply exit from this down-trending cryptocurrency?
Before we jump into it, here are the present-day stats of Internet Computer in the cryptocurrency exchange:
ICP Price (1-day) | $4.14 (0.98%) |
ICP Price Change (7-day) | -2.99% |
ICP Volume (24-h) | $13,158,387 (-36.66%) |
ICP Market Cap | $1,818,802,244 (1.01%) |
ICP Fear-Greed Index | 64% Greed |
ICP Market Sentiment | 59% Bearish |
ICP Rank | #31 |
ICP all-time-high | $428.48 |
ICP all-time-low | $3.4909 |
Is Internet Computer a Good Investment?
Internet Computer has been heavily falling since the day of launch and lost 99% of its value. However, with prices at absolute low, in case of a reversal, the risk and reward ratio is high. The team behind Internet Computer also contains some of the best engineers and cryptographers and is located in Zürich, Switzerland. Thus, there is scope for growth in the fundamentals of Internet Computer in the coming years.
Our technical analysis of Internet Computer also reveals that market sentiment is 59% bearish even when it is attempting to climb to $5. Such an indication is not great for a cryptocurrency in this volatile market and generally pushes investors away. Even though it might be a good investment but only when there is a price reversal and the present market is showing no signs of such happening.
Internet Computer Price History
Date | Min Price | Max Price |
May 2021 | $110.580 | $428.484 |
August 2021 | $37.627 | $76.486 |
November 2021 | $38.266 | $58.261 |
February 2022 | $14.762 | $24.620 |
May 2022 | $6.070 | $14.492 |
August 2022 | $5.668 | $9.332 |
November 2022 | $3.522 | $5.788 |
February 2023 | $4.992 | $8.172 |
May 2023 | $4.634 | $6.476 |
For further details on historical prices and conducting your own price analysis, check out the all-time price chart of Internet Computer.
Internet Computer Price Prediction 2023 to 2050
Internet Computer price predictions are made after deep technical analysis of the cryptocurrency, the market sentiment around it, the growing fundamentals, and recent news outbreaks. There are various other factors that come into play but we can consider only the obvious ones with added room for adjustments.
Below is a brief table followed by detailed price predictions of Internet Computer starting from 2023 and going all the way to 2050:
Year | Min Price | Avg Price | Max Price |
2023 | $4.113 | $7.285 | $9.431 |
2024 | $6.349 | $8.746 | $12.097 |
2025 | $10.673 | $13.174 | $15.680 |
2030 | $10.943 | $17.619 | $19.089 |
2035 | $29.410 | $33.384 | $48.649 |
2040 | $42.478 | $51.026 | $65.918 |
2045 | $61.088 | $77.163 | $83.471 |
2050 | $68.498 | $83.315 | $107.637 |
Internet Computer Price Prediction 2023
Forecasting of Internet Computer before the end of 2023 suggests prices between $9.431 (high) and $4.113 (low) with average numbers around $7.285. Internet Computer Network is one of the most trusted blockchains due to its security features, yet the decentralized exchange does not seem to back it up. DFINITY Foundation is still attempting to make blockchain applications available to the mass at web speed and has limited boundaries to it. If this non-profit organization from Zürich is successful in gaining more users, we can see token prices reaching greater heights by the end of 2023.
Internet Computer Price Prediction 2024
Price predictions of Internet Computer in 2024 forecast a maximum high of $12.097 with a minimum price of $6.349. Today, Internet Computer (ICP) is helping developers and enterprises embed decentralized finance (DeFi) features in their websites or applications. Developers can do it by installing ICP code from their open-source software. By 2024, further improvements are expected that can drive prices upwards to an average of $8.746.
Internet Computer Price Prediction 2025
The forecast of Internet Computer in 2025 reveals that we can see prices at a maximum of $15.680 with minimum numbers at $10.673. Technical analysis of Internet Computer for short-term is showing high prospects as all Moving Average indicators are suggesting buy with Ichimoku Base Line indicating a neutral sign. Moreover, the organization recently received $5 million in tokens as a grant for building a decentralized A.I. model is a clear sign that the Internet Computer team is far from the end. Before 2025, there is also a high probability of a bull rally which can take prices much higher.
Internet Computer Price Prediction 2030
Forecasting of Internet Computer for 2030 suggests a high and low range between $19.089 and $10.943. The utility of Internet Computer tokens is based on staking the token in a permissionless network called Network Nervous System DAO. Alongside, users can create their own Web3 services very simply by using Internet Computer API. Having innovative cryptographers right from the beginning has allowed it to climb up in the cryptocurrency exchange but prices have not reflected much of this success. By 2030, we can start seeing some positive signs as average prices are predicted around $17.619.
Internet Computer Price Prediction 2040
Long-term forecasting of Internet Computer suggests that by 2040, prices can reach a high of $65.918 with minimum prices at $42.478. Internet Computer is presently powering numerous IT companies with cloud computing services, online media, storage, and security – all with end-to-end decentralization. It is expected that by 2040, their range of services and products are going to increase. Lack of it can also mean replenishing from the market, so please do your own research before investing in $ICP. For 2040, average prices are predicted at $51.026.
Internet Computer Price Prediction 2050
Forecasting or Internet Computer predicts that by 2050, numbers might be upwards of $68.498. If such a bullish trend continues, we can see a maximum price of $107.637, which will be spectacular growth for the token. However, if we consider the opening price ($428), these values don’t look that impressive anymore. Long-term predictions are rarely accurate and should be taken with a grain of salt while making an investment decision. Our analysis is based on our study and we suggest you conduct your own research and consider it as your topmost priority.
Should I Buy Internet Computer (ICP)?
According to our research and analysis, it is found that Internet Computer (ICP) is not a prospective investment. Technical analysis shows that in the short-term there is a chance of price reversal where gains can be found but in the long run it is going to be tougher. Since there are more trustworthy tokens with greater prospects, our suggestion is not to buy $ICP in 2023. If there are better hints found, you can conduct deeper research before investing.
Realistic Internet Computer Price Prediction
Further analysis in a realistic perspective reveals that even though the present market is bearish, prices might still continue rising slowly. In recent news, the team received grants which can be the reason why prices are increasing now. However, it is going to take a lot more for the team to reverse prices. Even with added services and products like a cryptocurrency wallet or Internet Identity, it is going to be quite a challenge to gain public trust.
Check out the candlestick chart of Internet Computer to conduct a self-analysis. You can also hop into the Internet Computer community forum to gain further insights into the organization. Our predictions above are not financial advice and are meant for educational purposes only.
Frequently Asked Questions
What factors could influence the price of Internet Computer in the future?
There are numerous deciding factors like token use-cases that can influence the price of Internet Computer. Partnerships and deals also play a huge role as when a big firm is connected, the trust of the public increases. Stay updated on the latest cryptocurrency news for making the best investment decision.
How can I buy Internet Computer tokens?
For buying Internet Computer, you can log into a cryptocurrency exchange like Binance, and transfer funds to your crypto wallet. This can be done through credit cards, debit cards, bank transfers, Apple Pay, and more. Next, you can search for Internet Computer and start trading on the platform.
What risks are involved in investing in cryptocurrencies like Internet Computer?
Since Internet Computer has not shown the best performance when compared to other cryptocurrencies, there is an undoubted risk of losing your investments. However, it is not just $ICP as all crypto tokens are volatile (finance) investments and it is suggested that you do not risk what you are not ready to lose.
What are the Technological Developments happening to the Internet Computer Network?
In the latest update, the Internet Computer team is building a ‘decentralized A.I.’ and received $15 million in grants. For getting further insights you can check out the roadmap of Internet Computer and keep a close eye on their community blog for updates.