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Author: Admin | 2025-04-28
In May 2021, the Internet Computer governance coin entered the charts like an out-of-control train. Whatever Happened To Internet Computer? Is ICP Dead In The Water Or On The Verge Of A Revival?Whatever Happened To Internet Computer? Is ICP Dead In The Water Or On The Verge Of A Revival?In May 2021, the Internet Computer governance coin entered the charts like an out-of-control train. The ICP debuted around the $500 mark and reached a $700 all-time high. It instantly became a Top 10 coin. Throughout that first month, it typically traded around the $300 mark. And then, within the span of a few weeks, it fell off the top 10 charts as drastically as it had entered. At the time of writing, it trades at $17.23, near its all-time low of $14.88.While some researchers qualify this as a rug pull, the project’s founder says that Internet Computer fell victim to the whims of the market and bad timing. While some crypto experts gave up ICP for dead, others are energized by recent news and predict a comeback. Who’s wrong and who’s right? Keep reading to find out.The brief history of Internet ComputerThe ICP token has been in the big leagues from the start. The day it debuted, it was listed in most major crypto exchanges. Less than a month later, it was announced that the network had more than a thousand independent nodes located in data centers around the world. The company behind Internet Computer, Dfinity, raised more than $100
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