Yesterday, the 15% bullish candle for ICP on the market software indeed attracted quite a bit of attention. The market is divided in opinions—some believe this is driven by retail investor sentiment pushing prices up, while others worry about missing out and want to chase the rally. But if you've been following this project from its peak in 2021 to its recent period of dormancy, you'll notice that this wave of upward movement is backed by different underlying logic.
The core catalyst has already been made clear: DFINITY founder Dominic Williams plans to release the "Mission70" white paper on January 14th. Don't underestimate a white paper; for ICP, this could be a critical turning point. Over the past four years, the biggest issue this project faced was the huge gap between its technological vision and reality. The various ambitious concepts once held in high regard have been slow to materialize, and the token's value has mainly been supported by staking reward mechanisms to attract participants, lacking genuine ecological demand to sustain its valuation.
The significance of this white paper lies in the potential for a fundamental shift in ICP's value-driving logic. Put more plainly, it’s moving from "boosting demand through incentive mechanisms" to "relying on actual ecological applications to support value." This is not a minor tweak but a complete redefinition of the token economic model.
From the snippets of information revealed, this plan indeed addresses long-standing pain points that have remained unresolved. If the official announcement aligns with expectations, this will likely be a more suitable entry point for ordinary investors. Of course, the actual execution capability still needs to be observed and verified in the future.
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Lonely_Validator
· 17h ago
Is it another white paper to rescue the market? I've memorized this routine with ICP already.
Wait, is this really different this time? Let me check the official announcement first.
People chasing the high should be aware of the risks, don't end up being the bag holder again.
Four years of patching up, honestly, execution is the key.
Let's wait until the 14th, anyway I can't run away with the ICP I hold.
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SmartMoneyWallet
· 18h ago
A 15% bullish candle is not surprising; the key is to look at the trading volume and on-chain chip flow on that day. Are retail investors or institutions pushing?
This guy is not wrong; staking yields have supported the market for four years. It's probably time to cash out.
The white paper's expectations management is back again. What really matters is whether there is genuine ecosystem integration after January 14th. Don't let it be another PPT revolution.
ICP's price has gone from the issuance price of 7 yuan to its current position. To be honest, I have always questioned its technical implementation capability. Let's wait and see if on-chain data shows signs of institutional early布局.
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AirdropSkeptic
· 18h ago
I am a long-term follower of ICP, and honestly, I am a bit cautious about this 15% increase.
I've heard too many of those "grand visions" before, and what was the result? Still relying on staking rewards to keep going. Now there's a new "Mission70" white paper, and I just want to ask, is this really the fifth time "the wolf is coming" again?
Regarding execution capability, it sounds good in theory, but in practice, it's another story. Let's wait for the official announcement; I'll observe for now.
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BearHugger
· 18h ago
ICP's recent surge is essentially driven by expectations. The real test will be whether Mission70 can deliver something substantial.
Honestly, the staking yield approach should have been changed long ago; everyone can see through the hollow ecosystem.
Let's wait for the white paper on the 14th. If it's just another PPT promise, then we should be cautious.
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GasFeeVictim
· 18h ago
Ha, it's the old trick of using a white paper to rescue the market again.
Now believing ICP can be implemented, I would eat a hard drive live on stream.
Let's wait until the 14th, don't get caught in the trap.
If this time there is real ecological support, I will kneel and admit my mistake, but I bet five U won't.
Mission is already at 70, still making empty promises? Laughing to death.
Those who chase the rise are all warriors; I will just watch quietly and see how it unfolds.
Yesterday, the 15% bullish candle for ICP on the market software indeed attracted quite a bit of attention. The market is divided in opinions—some believe this is driven by retail investor sentiment pushing prices up, while others worry about missing out and want to chase the rally. But if you've been following this project from its peak in 2021 to its recent period of dormancy, you'll notice that this wave of upward movement is backed by different underlying logic.
The core catalyst has already been made clear: DFINITY founder Dominic Williams plans to release the "Mission70" white paper on January 14th. Don't underestimate a white paper; for ICP, this could be a critical turning point. Over the past four years, the biggest issue this project faced was the huge gap between its technological vision and reality. The various ambitious concepts once held in high regard have been slow to materialize, and the token's value has mainly been supported by staking reward mechanisms to attract participants, lacking genuine ecological demand to sustain its valuation.
The significance of this white paper lies in the potential for a fundamental shift in ICP's value-driving logic. Put more plainly, it’s moving from "boosting demand through incentive mechanisms" to "relying on actual ecological applications to support value." This is not a minor tweak but a complete redefinition of the token economic model.
From the snippets of information revealed, this plan indeed addresses long-standing pain points that have remained unresolved. If the official announcement aligns with expectations, this will likely be a more suitable entry point for ordinary investors. Of course, the actual execution capability still needs to be observed and verified in the future.