ICP at $3.15 as volume runs 49% above average; DFINITY to burn 20% of Cloud Engines revenue
- —ICP trades at $3.15 with a market cap of $1.75 billion
- —Daily volume of $122.32 million is 48.91% above the 30-day average
- —DFINITY would burn 20% of Cloud Engines revenue in ICP, with 80% going to node operators
- —RSI at 51.3 and a bearish MACD point to neutral momentum
Why it matters: The ICP burn is tied to actual network revenue, but the price impact is unconfirmed until the model goes live and generates measurable income.
Source: DiarioBitcoin