Internet Computer ICP

What ICP actually is on-chain

For ICP the project publishes a whitepaper, a public source repository and an active account as @dfinity. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where ICP sits in the market

At #54, Internet Computer sits in the bottom of the large-cap band, adjacent to the mid-cap cut-off. Down here the large-cap label is doing less work than it appears to. ICP is one revision away from the mid-cap band, and the practical consequences of crossing that line — index eligibility, market-maker commitments, how much size the book absorbs — change well before the ranking does.

CryptoPingAi is currently streaming 6 live ICP order books (Binance, Gate.io, MEXC, HTX, Upbit, Bithumb). That is coverage in line with a #54 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

ICP against its all-time high

ICP is more than 95% below its all-time high of $700.65 (on 2021-05-10) — a 284x gap. At this point the record has essentially no analytical value: it belongs to a different supply structure, a different holder base and often a different market cycle. The useful reference for ICP is the downside, not the peak, so the range section below matters more than this one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

ICP across its historical range

ICP has traded across a 347x range, between $2.02 and $700.65. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

ICP is within 22.3% of its all-time low of $2.02, printed on 2026-02-24. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

ICP supply structure

There is no fixed maximum supply for ICP. Total supply stands at 552.1 million ICP and essentially all of it — 100.0% — is circulating. With no locked treasury to unlock, dilution comes from protocol issuance over time rather than from a cliff on a vesting calendar, which tends to produce slow supply drift instead of discrete unlock shocks. A supply in the hundreds of millions keeps the unit price in a range where round-number levels are genuinely traded, which makes price-threshold alerts more reliable than they are on high-supply tokens.

What kind of asset ICP is

Internet Computer is tagged in the AI category, which in this market is a narrative cluster before it is a technical one. Assets here tend to move together on AI sentiment — often correlating with equity-market AI news rather than with the rest of crypto — and the correlation is strongest exactly when the narrative is hottest. That makes sector rotation, not project-specific news, the usual explanation for a large move.

CoinGecko files ICP under 10 categories, including Artificial Intelligence (AI), Infrastructure, Layer 1 (L1), Ethereum Ecosystem, Internet Computer Ecosystem. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), Base (1,487 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading. Worth flagging from the metadata: ICP has been named in SEC enforcement filings as an alleged security, and appears in the Multicoin Capital portfolio.

How to set a Internet Computer alert that is worth receiving

Internet Computer (ICP) — quoted on 6 venues we stream — high dated 2021-05-10 — rank #54. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →