Internet Computer Price Prediction: ICP Soars 18% in a Month, But Analysts Say Consider This New Meme Coin for Parabolic Gains

Internet Computer prices have surged 18% over the past month and 3% over the past 24 hours, trading at $9.7608 as of 12:15 a.m. ET.

The ICP token joined the overall market recovery on Friday as the community focused on the ICH Hubs Global Townhall event held at X Spaces.

Have you prepared the largest town hall space? @X?👀

Introducing the master thread for all ICP HUBS X Spaces starting in 2️⃣ days! 🥳

Are you ready? Let’s go 👇 1/15🧵 pic.twitter.com/2XSrGWS7Kt

— ICP Hub Network (@ICPHUBS) July 23, 2024

The event brings together participants from around the world to engage in innovative discussions.

We’re wrapping up this amazing global town hall. @icphub_CA & @icphub_US 🎉

Sign up now! 👇 https://t.co/in2sLuJcVo

— ICP Hub Network (@ICPHUBS) July 25, 2024

Internet Computer Price Forecast

Internet computer prices are attempting to recover after breaking out of the limits of the downward parallel channel. The market is in favor of the uptrend as the relative strength index (RSI), which measures momentum, is above the average level of 50. Likewise, the moving average convergence divergence (MACD) is above the signal line.

If the bullish momentum increases, the Internet Computer price could head further north. A stable close above $10.7952 would encourage more buy orders. The resulting buying pressure could push the ICP price up to the next resistance level of $15.3548, above which the token could extend to the range high.

GeckoTerminal: ICP/USD 1-day chart

Conversely, if early profit taking continues, the Internet Computer price could slip back to the limit of the descending parallel channel. A breakout and close below $7.6207 would solidify the short-term downtrend.

Meanwhile, popular crypto YouTuber Austin Hilton, who has 272,000 subscribers, said a Paris 2024-themed meme coin called The Meme Games (MGMES) would be “huge.”

A promising alternative to Internet computers

Meme Games is where the Degen meme coin craze meets the spirit of the 2024 Olympics. It is a gamified meme token featuring popular crypto meme coin characters that offers pre-sale purchasers bonuses for winning events.

The goal of the project is to capitalize on interest in the upcoming Paris Olympic Games.

Anyone who buys $MGMES will be prompted to choose their favorite meme coin competitor avatar based on five of the biggest projects in the industry: Dogecoin, Pepe, Dogwifhat, Brett, and Turbo. After making their choice, holders will watch as they compete for a chance to receive a 25% bonus on their first purchase.

You can also earn passive income through the project’s staking mechanism. Easily purchase and stake $MGMES to earn an impressive annual yield (APY) of up to 943%.

This project excitingly combines the competitive spirit of the Olympics with the vibrant and fun world of meme coins, which is the main reason why the project has raised over $261,000 in less than a week since its launch.

You can buy $MGMES tokens for $0.00905 each. The price increase will occur in just 30 minutes, so buy now to get the best deal.

Visit Meme Games here to purchase.

Also read:

PlayDoge (PLAY) – The latest ICO on the BNB chain

• 2D Virtual Dodge Pet
• Play to earn Meme Coin Fusion
• Staking and In-Game Token Rewards
• SolidProof Thanks – playdoge.io