After ICNT launched Binance Alpha&Contract, the opening price dropped by 50% to 0.42, and then rebounded violently to above 0.3. The current circulating market value is 54 million, which is about 1/10 of the financing valuation of 470 million, causing a fracture. By the way, one of the investors is NGP Capital, an early investor in Xiaomi and backed by Swiss/EU compliance. ICN Protocol targets the cloud computing market with the goal of challenging AWS to build a decentralized cloud infrastructure belonging to Web3. @ ICN_Protocol @ ICN_China currently has an annual revenue of $7 million, over 1000 customers, and nodes covering 140+countries worldwide; There are already 29000 HyperNodes running continuously in the network. After launching Alpha, ICNT has experienced initial emotional release, and on chain data shows a highly concentrated distribution of positions. The current price is 0.26, and after breaking through 0.273 in volume, the next resistance will be 0.32. It can be preset that 0.26-0.34 is a fluctuating range, so if you are short, go higher. Are you familiar with this operation? Short term volatility, long-term bullish outlook. Because such projects with real income and top VC will gradually drive prices back to fundamentals as the main network goes online, staking accelerates, and contracts with enterprises are implemented.