Why Internet Computer Surged More Than 35% This Week
This week's volatile price action in the cryptocurrency market has created a rather impressive bifurcation among many well-known digital assets. Many large-cap tokens traded sideways or down over the past week, in spite of a few intraday surges throughout the week that made things interesting.
However, one crypto project that's clearly outperformed over the past week is Internet Computer (CRYPTO: ICP). As of 1:20 p.m. ET, Internet Computer has surged 38.9% since last Friday's close, driven by outsize interest in this decentralized computing crypto from traders and investors.
Let's dive into what drove this token higher, and where Internet Computer could be headed from here.
Source Fool.com
