Internet Computer Price Prediction: ICP Soars 18% In A Month, But Analysts Say Consider This New Meme Coin For Parabolic Gains

On Jul 26, 2024

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The Internet Computer price has soared 18% over the past month and 3% in the last 24 hours to trade for $9.7608 as of 00:15 a.m. EST.

The ICP token joins the broader market’s recovery on Friday as its community focuses on the ICH Hubs Global Townhall event on X Spaces.

Are you ready for the biggest Townhall Space on @x? 👀
We’re bringing you a Master Thread of all ICP HUBS X Spaces starting in 2️⃣ days! 🥳
Are you ready? Let’s go 👇 1/15🧵 pic.twitter.com/2XSrGWS7Kt
— ICP HUBS NETWORK (@ICPHUBS) July 23, 2024

The event features participants from different parts of the world, coming together for innovative discussions.

We’re closing this amazing Global Townhall with @icphub_CA & @icphub_US 🎉
Join us now! 👇 https://t.co/in2sLuJcVo
— ICP HUBS NETWORK (@ICPHUBS) July 25, 2024

Internet Computer Price Prediction

The Internet Computer price is attempting a recovery after escaping the confines of a descending parallel channel. The market leans in favor of the upside, seeing as the Relative Strength Index (RSI), which measures momentum, is above the mean level of 50. In the same way, the Moving Average Convergence Divergence (MACD) is also above its signal line.

If bullish momentum increases, the Internet Computer price could venture further north. A stable close above $10.7952 would encourage more buy orders. The ensuing buying pressure could catapult the ICP price to the next resistance level of $15.3548, beyond which the token could extend toward its range high.

GeckoTerminal: ICP/USD 1-day chart

Conversely, if early profit booking ensues, the Internet Computer price could slip back into the confines of the descending parallel channel. A break and close below $7.6207 would solidify the downtrend for the short term.

Meanwhile, popular crypto YouTuber Austin Hilton, with 272k subscribers, says a Paris Olympics 2024-themed meme coin called The Meme Games (MGMES) ”will be huge.”

Promising Alternative To Internet Computer

The Meme Games is where Degen meme coin mania meets the spirit of the 2024 Olympics. It is a gamified meme token comprising popular crypto meme coin characters that rewards presale buyers with bonuses for winning events.

The project aims to capitalize on the hype surrounding the upcoming Olympic Games in Paris.

MGME

Those who buy $MGMES are prompted to select their favorite meme coin competitor avatar, based on five of the sector’s biggest projects: Dogecoin, Pepe, Dogwifhat, Brett, and Turbo. Once selected, holders watch them race for a chance to claim a 25% bonus on their initial purchase.

Additionally, you stand to earn passive income from the project’s staking mechanism. You can easily purchase and stake $MGMES to earn an impressive annual percentage yield (APY) of 943%.

stMGME

The project exhilaratingly fuses the competitive spirit of the Olympics with the vibrant, fun-filled world of meme coins. This is a key reason why the project has amassed over $261K in just over a week since it launched.

You can buy $MGMES tokens for $0.00905 each. With a price hike coming in just 30 minutes, buy now to lock in the best deal.

Visit and buy The Meme Games here.