ICP Plunges 99.69% from $700 All-Time High

Internet Computer's (ICP) price has plummeted by an astonishing 99.69% from its all-time high of $700, according to a recent report from Taurex.

This makes ICP the biggest loser among 60 major cryptocurrencies analyzed in the study, with a current market capitalization of around $1.2 billion - a far cry from its peak in May 2021.

Despite a brief rally during August's altcoin season, ICP underperformed significantly, gaining only a modest 7.56% against Bitcoin (BTC), while XRP surged ahead by over 23% against the same cryptocurrency.