This guide will discuss our Internet Computer price prediction for the months and years ahead, highlighting potential opportunities for the ICP coin and showing you how to invest in ICP today – with low trading fees.
What’s Next For The Price Of Internet Computer (ICP)?
Internet Computer price predictions for 2022-2030
The price of Internet Computer is currently trading around $21, Following some decline in trading over the past three months. To help you clarify the ICP coin’s long-term prospects, presented below is a brief overview of our Internet forecast for the years ahead:
- End of 2022: Although Internet Computer's value has declined significantly over the past 9 months, the ICP coin still benefits from expanding its operations to include Bitcoin and Ethereum in 2022. Due to this, ICP Internet Computer could reach the $40 mark per coin.
- End of 2025: Expansion of the Internet Computer network in 2025 will almost take the ICP coin to a new level. We could see the Internet Computer price reach $200 by the end of 2025.
- End of 2030: Becoming one of the top smart contract platforms by 2030 can push the Internet Computer price well over $400. With that in mind, we forecast the Internet Computer could return to the $450 level by the end of 2030 – a 2000% increase from today's price.
Internet Computer Overview
Internet Computer (ICP) burst onto the crypto market midway through the 2021 bull run and has kept investors excited since then. So then, what are Internet Computer’s prospects? Is this project all hype? No, a lot is going on behind the scenes. Let’s look over what makes Internet Computer so unique before we dive into our Internet Computer price predictions.
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Despite its brief time on the market, Internet Computer is expected to do well. Here’s how much Internet Computer could be worth over the next several years.
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ICP — The Most Hyped Crypto?
ICP is the native cryptocurrency token of the advanced Internet Computer protocol. It is not an ERC-20 token and uses its own blockchain. There is no maximum supply on the number of ICP that can exist. ICP can be broken down into 18 decimal places, meaning 0.000000000000000001 ICP is the smallest possible amount.
Some of Internet Computer’s rivals include:
What’s The Point Of Internet Computer?
The protocol is an adaptive and decentralised blockchain platform that aims to combine the computing power of devices all over the world. The result would be a unified global network that acts as a public cloud computing resource, able to host backend software from a range of different sources.
So, where does the Internet Computer coin fit into this? This multi-use governance token has three main purposes:
- Users can convert their ICP tokens in ‘loops’, which work similarly to ETH ‘gas’ on the Ethereum blockchain and provide the power needed to process transactions on the network.
- People who help to operate the network receive ICP tokens as a reward.
- Because it’s a governance token, users who hold ICP reserves automatically gain the power to vote on key proposals within the Internet Computer network.
Who Is Behind Internet Computer?
Internet Computer was developed by a company called the DFINITY Foundation. The organisation aimed to extend the functionality of the internet, creating a protocol that would enable people to develop websites, systems, and services simply by installing a code on the public network.
Its original mainnet was launched in December 2020 but the token wasn’t released until 10th May 2021.
What Is Internet Computer Used For?
As well as improving functionality, the DFINITY Foundation also wanted to boost the security of the internet. Its network is compatible with recognised safety procedures such as the DNS (domain name system) and uses smart contracts to fulfil commands.
Smart contracts are encrypted online contracts where the terms of an agreement are written directly into the code — for example, the names or IP addresses of the people involved in a digital transaction.
Its focus on security is so strong that DFINITY has even described Internet Computer as ‘tamper-proof, fast, and scalable’. Although only time will tell whether this claim is correct, it clearly shows that the founders have attempted to keep ICP free from some of the problems that have plagued Bitcoin (BTC), including fears over its (lack of) scalability.
Who Uses Internet Computer?
According to the ICP Explorer, there are 1,948,159 ‘Internet Identity Anchors’, though this does not mean that there are this many holders of ICP. More likely, the number is lower. Other sources suggest that there were approximately 500,000 ICP wallets as of the beginning of 2022.
Technical Analysis Of Internet Computer’s (ICP) Price Movements
Though Internet Computer has only been publicly traded since 2021, its parent company, DFINITY held an ICO (initial coin offering) between April and August 2018 where the ICP token was available at 1 ICP to $4.
When CoinMarketCap began tracking the price of Internet Computer on the 10th of May 2021, it shot up to a high of $460.84 before declining. By the end of 2021, ICP/USD sold at $24.06.
Internet Computer’s all-time high is $750.73, which it reached on the 10th of May 2021 and its all-time low is reported as $14.88 by CoinGecko, which ICP hit on the 24th of February 2022.
Internet Computer ICP/USD Chart
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Expert’s Take On Internet Computer Price Predictions
Out of all the top experts online, only WalletInvestor has given a negative Internet Computer price prediction.
WalletInvestor: “ICP can be a bad, high-risk 1-year investment option. Internet Computer price prediction equal to 22.739 USD at 2022-03-31, but your current investment may be devalued in the future”.
DigitalCoinPrice: “As per the forecast data analysis, the price prediction of ICP is expected to cross the level of $28.73. By the end of the year, Internet Computer forecast is expected to reach a minimum fee of $27.73. In addition, the ICP price is capable of getting a maximum level of $33.81”.
Trading Beasts: “according to our ICP forecasts, the Internet Computer price prediction is going to increase. Now the Internet Computer price is $22.980, but by the end of 2023, the average Internet Computer price is expected to be $66.140”.
ICOcreed: “The price of Internet Computer is predicted to reach [a] minimum value of $72.87 in 2025. The Internet Computer price could reach a maximum value of $84.11 with the average trading price of $75.39 throughout 2025”.
CoinQuora: “the first half of 2022 is going to show fast growth, up to $55. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $150 is quite optimistic in the price point of view but undoubtedly feasible for the near future”.
Coinskid: “Our Forecast System predicts that Internet Computer could possibly increase in value in the short term by +20% to $27.41 from $22.77. The system forecasts a +8% move from $22.77 to $24.60 over the next month, Internet Computer has a price prediction of $36.54 in over a [years’] time”.
Price Prediction: “The price of Internet Computer is predicted to reach [a] minimum value of $432.42 in 2030. The Internet Computer price could reach a maximum value of $526.09 with the average trading price of $447.67 throughout 2030”.
Coin Price Forecast: “According to the latest long-term ICP forecast, Internet Computer price will hit $25 by the middle of 2022 and then $50 by the end of 2024. Internet Computer will rise to $75 within the year of 2027”.
Tech News Leader: “Internet Computer price prediction may cross $180.08 if the market sees a good bull run in 2027. Given that it is expected to be held by long-term investors, its average price for 2027 will be around $153.22”.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Internet Computer Price Prediction: 2022-2030
According to our latest Internet Computer price prediction, the price of Internet Computer (ICP) will reach $54.21 by the end of 2022, rising to $87.53 by the end of 2023 and $194.11 by the end of 2025. Internet Computer price prediction will then rise to $310.65 in 2027, and $567.43 in 2030.
Our Internet Computer price predictions have factored in the following issues that could bring the price of ICP up or drag it down.
It’s not unusual for cryptocurrencies to enter the market at very low prices and take months to gain value, as they gradually catch the attention of investors. Not so for Internet Computer. Thanks to prominent levels of publicity before its release, ICP had strong interest from the start. This caused a surge in demand for ICP tokens, thus driving up the asset’s price incredibly quickly.
Some high-profile investors that backed the ICP project include Andreesen Horowitz, Scalar Capital, and Polychain Capital, three large venture capitalist firms.
Considering Internet Computer has been pipped as ‘the new Bitcoin’, it might seem surprising that the price of BTC can directly influence the price of ICP. But investor sentiment often trickles down from the so-called ‘king of cryptocurrency’ — which means that when confidence in BTC falls, its ripples are felt across the market.
Internet Computer has seen this early on. Elon Musk’s comments regarding the environmental impact of Bitcoin are a key factor behind the market crash in 2021, which sent the price of ICP spiralling downwards from around $600 to under $150.
Another factor that could affect the price of Internet Computer in the future is the total number of ICP tokens. Remember, Internet Computer doesn’t have a fixed supply like Bitcoin’s 21 million BTC. If the market is flooded with newly minted ICP coins, it could seriously harm its value. While on the flip side, if the total supply remains limited, it could create scarcity.
When Internet Computer was first launched, there were 48 available data centres in North America, Europe, and Asia. These centres, all of which formed part of the Internet Computer protocol network, support 1,300 nodes between them — but the DFINITY Foundation doesn’t plan to leave things there.
By the end of 2021, the company aimed to own 123 data centres that support 4,300 nodes. These numbers will eventually swell to thousands and millions, helping ICP reach its goal of processing 1,000 blocks per second by 2022. (It can currently create 2.5 blocks a second).
If Internet Computer can achieve this processing capacity, it will make ICP one of the most prolific cryptocurrency networks in the world. Not only will this boost investor confidence, but it will also mean it’s able to process more transactions and functions, thus driving up the demand for ICP reserves.
Internet Computer’s outlook is overwhelmingly positive, and it appears to be a great short-term investment (one year) or long-term investment (five to 10 years). Here are our Internet Computer price predictions for 2022 to 2030.
Internet Computer Price Prediction 2022
In 2022, Internet Computer will finish building integrations for Bitcoin and Ethereum (ETH). Expecting ICP/USD to eclipse $40.00 in 2022, our Internet Computer prediction foresees a high of $54.21 towards the second half of the year. Other notable prices include a yearly low of $10.17, an average price of $45.50 and a closing price of $46.44, as per our short-term Internet Computer price prediction.
Internet Computer Price Prediction 2023
Focusing on decentralisation, in 2023 Internet Computer will become a more evenly distributed network. Internet Computer predictions place ICP at $48.90 at the beginning of 2023 and estimate a closing price of $82.07. Along the way, ICP/USD will rally to a max of $87.53, a min of $35.88, and an average price of $79.79.
Internet Computer Price Prediction 2024
Internet Computer’s ecosystem will continue to grow into 2024, incorporating more NFT applications and DEXs. By 2024, Internet Computer will be able to touch a high of $130.41 and trade no lower than $67.21, as per our Internet Computer price prediction. ICP price predictions also suggest an average target of $100.00 and $110.00 by the end of the year.
Internet Computer Price Forecasts Long Term Outlook - 2025 Prediction
2025 will see the Internet Computer network expand very quickly as it gains users’ trust. The long-term Internet Computer price prediction surmises that ICP will wrap up 2025 at $149.66 after accomplishing a new all-time high of $194.11. Expect the lowest price to be $91.09 and the yearly average to be $115.63 — a 405% increase from today's price.
Internet Computer Price Prediction 2026
Gaming applications on the Internet Computer network will explode in 2026 as developers realise it is the most suitable platform. ICP/USD will have a 2026 low of $139.40, an estimated high of $258.90, and close the year at an average of $208.08, as calculated by our Internet Computer price prediction.
Internet Computer Price Prediction 2027
With DeFi (decentralised finance) protocols attracting major investment in 2027, Internet Computer could see an elevated level of interest. The five-year Internet Computer price prediction anticipates a maximum of $310.65 and a minimum of $197.65. Further technical analysis implies ICP will end 2027 with a median price between $255.00 and $265.00.
Internet Computer Price Prediction 2028
Regulatory clarity on cryptocurrency around the globe will ease traditional investors’ concerns in 2028, opening the doors to investing in cryptos like ICP. Securing a low of $278.75 in early 2028, the ICP prediction has a high goal of $379.03 towards the end of the year. At the end of 2028, the calculated average will be $322.99 and the price at the end of December will be $347.06, according to the Internet Computer price prediction.
Internet Computer Price Prediction 2029
2029 is the year institutional investment in Internet Computer will peak, taking ICP to higher highs. As per our Internet Computer price prediction, the ICP price is predicted to cross $400 by the beginning of 2029. The expected high for 2029 is $420.16, and the low will be $382.16. The average ICP/USD price prediction for the end of 2029 is $405.33.
Internet Computer Price Prediction 2030
By 2030, Internet Computer will become a serious competitor to more established smart contract platforms, such as Ethereum. Our long-term Internet Computer price prediction has forecast a median target of $515.40, a high estimate of $567.43, and a low estimate of $462.11 for 2030. The median estimate represents a 2,153% increase as of 2022.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Conclusion: What Could Internet Computer Be Worth?
Without a doubt, Internet Computer is expected to rise gradually for the next few years until 2030. But, unfortunately, no one can ever be 100% sure what will happen and plenty of unknown factors could completely disrupt our ICP price prediction.
The most well-known issue is crypto regulation, which in many ways is still non-existent and clarity is still needed. Though it could dramatically boost the price of Internet Computer if favourable, it could also decimate its value if too strict.
The next major concern, which is specific to Internet Computer, is its decentralisation. There are concerns that DFINITY will have too much control over how their proposed network is run (specifically voting power). That said, DFINITY has actively made steps towards decentralisation, so only time will tell how effective they are.
What Will Happen To The Price Of Internet Computer (ICP) In 2022?
We can expect the price of Internet Computer to see a moderate increase from its price of $25.03 at the beginning of 2022 and rally past $40 and even $50 per coin. ICP will not trade lower than $10 per coin, as per our Internet Computer price prediction.
Will The Price Of Internet Computer (ICP) Go Up In 2022?
Yes, the price of Internet Computer will go up in 2022 and hit a yearly high of $54.21, which is higher than what it traded for much of the second half of 2021. Internet Computer will need many more years before it can challenge its all-time high of $750.73.
What Will Happen To The Price Of Internet Computer (ICP) In 2025?
While Internet Computer will still not trade close to its 2021 all-time high, it will appreciate from its current prices. Rising above $100 for much of 2025, it will hit an average of $115 and hold strong with a low of $91, as calculated by our Internet Computer price prediction.
Will The Price Of Internet Computer (ICP) Go Up In 2025?
An increase of up to 400% in ICP/USD is detected by 2025. By this point, Internet Computer will trade at $194 at the highest and end the year at $149, according to our Internet Computer predictions. Great news.
Will Internet Computer Hit $100?
Our ICP price prediction strongly implies that Internet Computer will hit $100 by 2024. Later on, the $100 mark will become an area of support. By 2026, Internet Computer will not sink lower than $139 per coin.
Will Internet Computer Reach $1,000?
Unfortunately, no, the price of Internet Computer is not predicted to rise to $1,000 per coin within the next eight years. Our current ICP price prediction estimates a maximum of $567.43 by 2030, so $1,000 per coin could be possible in the next decade.
So, how much can Internet Computer be worth? Our top estimate says it can increase over 2,000% to $567! What’s your top prediction?
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FAQs
What does Internet Computer Crypto Do?
Using Internet Computer developers can build and launch smart contracts for organisations or businesses that are secured with blockchain technology, completely independent and customisable.
What Happened To Internet Computer?
Internet Computer burst into the crypto scene in May 2021 and momentarily became one of the top cryptocurrencies by market cap. Today, despite slipping considerably, Internet Computer is still a highly sought-after crypto with plenty of potential.
Can I Mine Internet Computer?
Internet Computer can be staked on the Network Nervous System. Staking not only enables you to earn new ICP but also allows holders to vote on proposals.
Is Internet Computer A Good Investment?
Internet Computer could potentially be a good investment. Due to the volatility when it entered the market in 2021, it is hard to calculate the returns it could generate. That said, according to our Internet Computer price prediction, by 2023, it could appreciate 282% to $87.53.
Will Internet Computer Rise?
Our technical analysis has shown that ICP/USD is on an upward trend and will gradually increase over the remainder of the decade. Though we do not see ICP hitting a new all-time high, its price will become more stable with higher lows and averages.
When Will Internet Computer Take Off?
Internet Computer could take off as early as 2022 or 2023. Our Internet Computer predictions expect the price of ICP to begin to build up momentum in these two years and trade at prices higher than the latter half of 2021, reaching highs of $54.21 and $87.53.
What Price Could Internet Computer Reach?
Long-term Internet Computer price predictions suggest a 1,258% increase is on the way by 2027, five years from now. This will take ICP to $310.65 per coin.
What Is Internet Computer’s Price Prediction For The Next Bull Run?
Only a magician can predict when the next bull run will take place. That said, Internet Computer could see a tremendous increase between 2029 and 2030 when it could climb from a low of $382.16 to $567.43 — a 48% increase.
How High Will Internet Computer Go?
For the next 10 years, the highest Internet Computer can reach is $761.80 by 2031 according to Price Prediction.
What is Internet Computer Price Prediction 2040?
A variety of factors could impact the price of Internet Computer by 2040, however, if we follow our Internet Computer price prediction model, a price between $2,000 and $4,000 could be achievable.
Read More:
Pros and Cons of Investing in Internet Computer
15 Reasons Why You Should Invest in The Internet Computer Now