ICP Jumps 12.26% to Lead Crypto Gainers, AXS Drops Over 12%

Internet Computer Protocol surged to $4.66, while Axie Infinity Shards fell to $1.133, marking the day's strongest advances and declines in the crypto market.

ICP
AXS

Summary

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Terms & Concepts
  • Internet Computer Protocol (ICP): A decentralized computing platform that enables smart contracts and decentralized applications to run at web speed.
  • Axie Infinity Shards (AXS): A governance token for the Axie Infinity game ecosystem, used for voting and staking.
  • Smart contract: Self-executing blockchain code that automatically enforces the terms of an agreement.