Internet Computer (ICP) logs revenge recovery after crashing 95% since launch

Cointelegraph

Published Jun 28, 2021 12:30PM ET

Updated Jun 28, 2021 02:20PM ET

Internet Computer (ICP) rose to spotlight among day-traders after rising 41.69% on Sunday.

The ICP/USD exchange rate closed the session at $42.98 after correcting lower from its intraday high of $45.01. At its quarter-to-date low, the pair was trading at $28.31. Meanwhile, on Monday, it surged to a new intraday high of $47.63. Therefore, its latest rebound returned as much as 68.27% in paper profits.

Internet Computer's ICP logged its best one-day performance on Sunday. Source: TradingView.com
Redditor @trapsandwich accuses the Internet Computer team of dumping $20mm worth of ICP tokens. Source: Reddit
A snapshot from IC.ROCCKS showing Dfinity's Internet Computer transferring 90mm ICP tokens across multiple wallets.
Internet Computer price differences on its opening day. Source: TradingView.com

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