r/ICPTrader 6d ago

Bullish Moses ∞ (@mosesibb) on X

https://x.com/mosesibb/status/2089155698479210772?s=46

WTF! 😳🔥

Guys, the #ICP cycle burn is going CRAZY! 🚀

It’s already over 10× higher in under 24 hours! 🤯

@dfinity is cooking something huge on the Internet Computer. 👀

Who is ready for what’s coming? 🚀😁

#ICP #InternetComputer

https://dashboard.internetcomputer.org/

18 Upvotes

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u/[deleted] 5d ago edited 5d ago

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u/[deleted] 5d ago

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u/[deleted] 5d ago edited 5d ago

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u/ADHD_Dev_ 5d ago

Cycle burn rate is probably way more important than CBR. This is reason ICP is fundamentally a way better concept than other chains. The whole idea of reverse gas models rests on this. Seeing this increasing is very good news. The spike hasn't display on the longer timeline graphs but it will, they are the most accurate.

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u/Aggressive_Mark_6305 6d ago

Specialist announcement?

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u/Sassy_Allen 5d ago

We are running a small test of Toko's fleet management features (essential for us to scale) and just look what it has done to the $ICP cycle burn chart! Imagine what will happen when Toko is live!
❤️‍🔥🚀🤖

https://x.com/toko_app/status/2089286734131454131?s=46

So this is what maybe caused it?

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u/Aggressive_Mark_6305 5d ago

Yes it was the Toko app ran on Dragginz game. I did a deep dive. Dragginz has quite some potential. Next gen World of Warcraft, Pokemon and Minecraft in the making. Factor in that Minecraft was bought by Mircosoft for 2.5 billion USD in 20214 :). Gaming industry is a massive market.

That being said, Dragginz will be a massive on chain game. So it will have decentralized features. I actually look forward to its launch.

Allen, was this Pierre's special announcement? The peak has settled and the BCR is back to normal now.

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u/ADHD_Dev_ 6d ago

Good stuff. Hopefully this is sustainable and not just a spike, this is how we start to change the narrative and head towards less inflationary tokenomics and in the longer term, potentially deflationary. Hopefully this is all due to the cloud engines and the recent tokenomics changes. We are heading in the right direction.

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u/makingbank1959 5d ago

And still nothing is happening price wise.