Impossible Cloud Network Token (ICNT)

Social Signals

Social Signals On 2025-07-07

Bullish Signals:

• Bitget has launched a new PoolX program, locking 551,000 ICNT tokens with a cap of 15 BTC. Users with positive net BTC deposits will receive a 10% BTC interest coupon during the event window from July 7 to July 14, 2025.
• ICNT has achieved significant milestones post-launch, including 29,000+ nodes sold, $7M+ ARR, and over 1 billion infrastructure operations weekly. The roadmap includes plans to expand to 20+ global locations by 2025 and integrate GPU compute and AI workloads.
• Impossible Cloud Network (ICN) completed a €28.8M financing round led by NGP Capital, valuing the company at €398M. ICNT, its native token, is set to be listed on Binance, Kraken, and other exchanges, reinforcing its strategic positioning in decentralized cloud infrastructure.
• CoinEx will list ICNT on July 7, 2025, allowing trading and withdrawals, marking another step in its mainstream adoption.
• Gate.io's 'YuBiBao' financial program offers 150% annualized returns for 7-day ICNT staking, with a cap of 1.2 million ICNT tokens, showcasing strong project fundamentals such as $7M ARR and 2000% YoY growth.

Bearish Signals:

• Despite the launch of ICNT, its market capitalization stands at $41.58M, which is modest compared to other major tokens in the ecosystem.
• The financing trend in the blockchain space shows a decline in the number of deals and total investment volume, which could limit future funding opportunities for ICNT-related projects.
• ICNT faces competition in the decentralized cloud market, with traditional giants like AWS and competing platforms emerging, potentially challenging its positioning.
• The reliance on financial incentives such as high annualized returns (150%) for ICNT staking may raise sustainability concerns in the long term.

Social Signals On 2025-07-05

Bullish Signals:

• $ICNT Mainnet went live before Independence Day, marking its entry into decentralized control and Web3 infrastructure.
• $ICNT achieved significant trading milestones in its first 24 hours: $90M+ spot trading volume, $1.1B+ derivatives volume, and FDV ranging between $200M–$250M.
• $ICNT staking is live, allowing holders to earn rewards tied directly to decentralized cloud node activity, with potential for significant future growth in Web3 infrastructure.
• $ICNT launched on tier 1 exchanges, achieving over $40M trading volume within 24 hours and maintaining a market cap above $30M.
• $ICNT is listed for trading with up to 10x leverage on Sharpe Perp DEX and Orderly Network, attracting significant liquidity alongside other pairs like $H and $NEWT.

Bearish Signals:

• There is speculation that most users will flip $ICNT within the first 72 hours, potentially missing long-term staking rewards and growth opportunities.
• The launch of $ICNT has introduced volatility typical of Web3 projects, which could pose challenges to stability and adoption.
• Despite high trading volumes, the rapid flipping of $ICNT could lead to short-term price instability and undermine its long-term potential.
• The $ICNT listing with leverage trading options may attract degenerate traders, increasing risk and potential market manipulation.

Social Signals On 2025-07-04

Bullish Signals:

• ICNT has been listed on major exchanges such as Binance, Bybit, KuCoin, Gate, and Kraken, showcasing strong support and adoption potential in the crypto market.
• ICNT is backed by Nokia’s VC arm with a valuation of $470 million, generating $7 million ARR, 1,000+ enterprise clients, and 29,000+ HyperNodes sold, raising $35 million from real users.
• The ICNT mainnet has officially launched, offering decentralized cloud infrastructure with robust storage, compute, and bandwidth services, positioning itself as an alternative to traditional cloud giants like AWS.
• ICNT is featured in Gate Alpha's 3rd Points Carnival with a reward pool of 140,000 ICNT and Alpha Points, incentivizing users to trade and engage actively in the ecosystem.
• ICNT is listed on Binance Futures with staking rewards tied to node activity, providing users an opportunity to earn while holding ICNT.

Bearish Signals:

• The storage sector, including ICNT, faces challenges related to high costs and inefficiencies compared to traditional data storage solutions, raising concerns about its long-term viability.
• Some users reported difficulty trading ICNT due to its contract opening price being very close to its valuation, leading to significant market volatility and stop-loss triggers.
• New storage projects like ICNT and CESS are launching below institutional valuation rounds, which may limit upside potential amidst bearish sentiment in the storage sector.
• Concerns about ICNT's trading dynamics were raised, with incidents of high leverage positions, forced liquidations, and aggressive market activity affecting stability.
• ICNT's storage sector narrative, along with other competitors like FIL and AR, is being questioned as projects face challenges in attracting real users due to cost inefficiencies.

Social Signals On 2025-07-03

Bullish Signals:

• $ICNT is officially listed on major exchanges, including Binance, Bybit, KuCoin, and Gate, demonstrating significant market trust and accessibility for users worldwide.
• ICNT is backed by Nokia’s venture arm with a valuation of $470 million, more than 1,000 enterprise clients actively using its products, and $7 million in annual recurring revenue.
• The Impossible Cloud Network launched 29,000 HyperNodes globally, raising $35 million directly from users, and staking rewards are available from Day 1 with no technical expertise required.
• $ICNT operates within a decentralized cloud ecosystem that aims to replace legacy platforms like AWS with enterprise-grade storage, compute, and bandwidth solutions.
• ICNT has integrated more than 35 key partners into its ecosystem, showcasing strong business development and adoption in the Web3 infrastructure space.

Bearish Signals:

• ICNT faces competition from other decentralized infrastructure projects, which could impact its ability to scale and dominate the Web3 ecosystem.
• Despite its promising valuation and revenue, ICNT's P/S ratio is lower than the median for similar decentralized infrastructure projects, which could raise concerns about market perception.
• The project's reliance on staking rewards and user participation to sustain its decentralized cloud model may pose risks if adoption slows down.
• There is limited information on regulatory developments or potential challenges ICNT might face in jurisdictions like China, which could impact its global expansion plans.
• Market sentiment around ICNT includes opening short positions, indicating skepticism among certain traders about its long-term performance.