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ICP is an underrated altcoin that, if predictions are true, could help you become a millionaire in the next bull market. In this video I’m going to break down what makes ICP so special, as well as crunching the numbers to find out how much ICP you may need to hold to reach one million dollars.
0:00 Intro
0:57 ICP Background
1:29 Calculating the Future
4:35 How Much Do You Need?
6:12 The Power of Staking
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How much ICP do you need to make one Million dollars I believe there's a zero Percent chance of ICP breaking its Previous all-time high next Bull Run but That doesn't mean it won't take its Holders from bags to riches we're gonna Explain what that means and while we Still think it's a big pick Let's Get It [Music] [Music] Thank you Welcome to Big Boy crypto my name is Ben In this video I'm gonna do the moon math To find out how much ICP you need to Accumulate to become a millionaire in The next Bull Run according to coin Market cap icp's all-time high was 428 Some exchanges even had it listed as High as 700 token launched on May 10 2021 during a perfect storm of downward Price action Elon was posting Bitcoin Breakup tweets China banned Bitcoin Again and all this was happening while FTX was shorting ICP to death after Artificially inflating its price the Good news is Fast Forward two years from Then to now and the dust of this Catastrophic launch is settled leaving The price ripe and ready for future Millionaires to accumulate that's why I'm doing the moon math on exactly how Much ICP it's going to take to make Millionaires out of its holders but I'm Not going to use its all-time high price
At all in fact I don't even think ICP is Going to hit this prize again for a very Long time if ever now I'm based on this On a conversation I have with the Project founder Dominic Williams who Told me the exact price the team Expected ICP to reach at its Peak and Let me tell you it makes becoming an ICP Millionaire very doable before we get Into it though you need to know that I'm Bullish on this project and I do hold ICP in my portfolio I've never accepted Any money from the project or Founders And everything I'm saying in this video Are my own thoughts and what I believe In this is me putting my money where my Mouth is now I believe it's possible for ICP to reach a minimum of 50 next Bull Run and here's one right now the market Cap of ICP is 2.5 billion dollars that's After a launch about as insane as the Insane Clown Posse y'all know my ICP Jokes by now right or my junglers Fortunately I never went through a Juggalo stage one of the few stages I Never went through also was never emo [Music] When ICB launched though surprise Dropped like a stone within days along With the rest of the crypto Market out Of the first top of the last Bitcoin Bull market within about 40 days the Prize of ICP went from a parabolic 428 Bucks all the way down to thirty four
Dollars right as the overall crypto Market cap took a 50 nose dive or 2.5 Trillion to 1.5 trillion before this Happened though FTX launched ICP Perpetual Futures four days prior to its Launch on coinbase these synthetic Assets pump the price to unsustainable Levels when it was finally time for its Spot listing inflating the price then Shorting it on Leverage did exactly what Alameda thought it would do it decimated The price of a competitor at that and by Now we know that this is just how FTX Did business now the dust is settled and We picked through the rubble we found ICP still has a ton of potential because Of one key factor icb's project Founders Have not stopped building the project Out whole idea behind ICP when it was Founded in 2015 was to reinvent the Internet they wanted to take power away From Big Tech and give it back to the People via decentralized web it has a Lot of backing for partners that are Still committed to it today with the Dfinity foundation the tech built into ICP is what's going to drive price Action when people see how broken our Internet really is the way we're always Being monitored stolen from and Controlled but ICP has invented chain Key technology that gives users an Internet identity they can own it's Safer than 2fa and exists on a
Decentralized internet server top of That ICP is wicked fast has tons of data Storage and its smart contract canisters Are even being integrated with satoshi's Brainchild to bring D5 to Bitcoin now to Make sure to take a minute and smash That like button and subscribe to the Channel to get more of this crypto news And research [Music] [Applause] [Music] [Applause] But how much ICP is it going to take to Make ICB Millionaire's next Bull Run Prize of ICB smashed through 50 like the Team believed it would in 2021 the Market cap would be 24.4 billion dollars Which is about 10x from its current Market cap of 2.46 billion dollars the Overall crypto market cap increased by Over twice that between the beginning of 2019 and the end of 2021 when the bull Market was in full swing so it's Reasonable to assume ICB can at least Pump at least 10x ethereum Rose just Under one thousand percent under the Same time frame last bull cycle so we Know that kind of price volatility is Possible and even likely when money Starts flowing into crypto cardano Rose Seven thousand percent of those same two Years which tells us that even higher Price estimates are possible but even
Though I'm doing Moon math I'm keeping Price projections here on Earth to be a Little more conservative than we were Probably the last Bull Run so the price Of ICP you reached 50 next Bull Run then 20 000 ICP would equal a million bucks An icp's current price of 5.70 qlink 20K ICB would require around 150 000 in Initial Capital surprise izp went higher Than the founders thought it would and Threatened the market cap of bnb's Current bear market value then we would Be looking at a 117 ICP we've returned 8550 ICP into a million dollars at Today's ICB price this would cost just Under 50K and assumes a price increase Of 20x or 2 000 I don't know this Project will go that high or not it's Really too early to tell what I do know Is that stacking ICP in the bear markets Is going to build equity and even 1 000 ICP with a capital investment of 5 700 Bucks is going to add up to 50K of ICB It's 50 and that's still an insane Return and a whole pot of money so even If you're not going to invest tens of Thousands of ICP you're shaping out to Be profitable especially if you combine Your Holdings with the power of staking Current staking rewards for ICP is Around eight percent annually and if you Stake 5 700 for one year that equals 7.4 ICP per month which isn't much now but If those icy pure worth 50 or more that
Becomes 350 bucks if you go hard on ICP Simulation are able to amass that 20K ICP will net 150 ICP and rewards per Month which comes out to 7 500 per month At the price at 70 dollars and fifteen Thousand dollars a month if the price Supposed past 100. so to be conservative I'm leaning closer to a 50 price per Addiction but I'll be honest with you my Heart tells me it's probably going to go Closer to 100 but I'll leave in same Price action open though as a Possibility for all you Juggalos out There after all this is crypto so what Do you think can happen what matters Most and the point I'm trying to drive Home here is the importance of setting Up a portfolio now for big gains in the Future decide what you're going to need To bring home the big bucks this crypto Bull market and make it happen that's All I got be blessed [Music] Thank you [Music] [Applause] [Applause] [Music] Thank you [Music]