Dead Cat Bounce for Internet Clown ProtocolAs we can see $ICP made a dead cat bounce after dropping 96%.
Dfinity have hired a fact checker,
their nodes can only be bought from Dfinity with absurd specs such as 3.5Tb of NVRam, 500+Gb of system ram, basically enterprise grade servers,
The software is all closed source or Apache licensed,
There’s zero network use (about 0.5 TPS),
Dominick, the founder tries to use “exotic” lingo for the ICP ecosystem like “canisters” and “neural networks” for existing things to sound more fancy.
26% of the tokens were bought at 2 cents with no lockup.
Dfinity team sold 90m tokens on launch.
Governance is a mess, staking is a mess.
One of the things stated is that ICP is a “privacy focused” project. When called out on this, the only way to make it private was to route through the Tor onion router (lol).
This is 2021’s EOS. All of this info is publicly verifiable. I would open a short at any price, ride down to $5 - $10.
