What is the issuance price of ICP coins?

The ICO issuance price of ICP coin is US$19.25. The ICO was held on May 10, 2021, with a total circulation of 469,213,710 ICPs, and 125,832,536 ICPs were sold in the ICO, raising US$2.43 billion. After the issuance, the price of ICP surged, but then pulled back sharply. As of February 2023, the price of ICP was approximately $1.2.

ICP coin issuance price: US$19.25

May 10, 2021, Internet Computer Protocol (ICP) Tokens are first sold to the public through an Initial Coin Offering (ICO). The token offering price for the ICO is $19.25$.

Issuance details:

• Total issuance: 469,213,710 ICP
• ICO sales: 125,832,536 ICP (approximately 10% of the total 27%)
• ICO raised funds: $2.43 billion

Sales mechanism:

• ICO uses an auction mechanism, participants It is possible to bid on ICP tokens.
• The auction lasted 24 hours and participants were allocated ICP tokens proportionally based on the size of their bids.
• The highest bidder pays $19.25 per ICP.

Price performance after the issuance:

The price of ICP skyrocketed after the ICO, reaching a peak of over $700 within 24 hours. However, prices have since corrected significantly and remained relatively stable over the next few months. As of February 2023, ICP’s price was approximately $1.2, significantly lower than its issuance price.

Influencing factors:

ICP’s issuance price and subsequent price performance are affected by a variety of factors, including:

• Technology adoption Rate
• Fierce competition
• Market sentiment
• Speculation

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