Internet Computer Protocol Blogpost for June 2, 2026
Bitcoin is down to $68,000 on the day as the ICP token is up considerably.
I don’t anticipate that the price will consistently stay above $3.00 but it shows considerable promise that it is pumping upwards of 10% on a day when Bitcoin is suffering in price.
Perhaps it is a sign that another Alt-coin season is underway.
Perhaps it is a sign that ICP is the long-awaited Ethereum killer (or just a replacement)
It sure seems like the meme coin days are coming to a close. It won’t be overnight, but it will be very nice to see utility coins takeover and there is no greater utility coin than ICP.
But what about BOB?
BOB is trading at $0.098 with a ratio of 0.03189 to ICP
As ICP pumps, BOB pumps as well. BOB will pump more on the ratio because of its smaller market cap.
No financial advice, but it makes sense to pair trade BBO/ICP. The prices are correlated. I think that if ICP has a future, that BOB has a future as well.
