ICP Skyrockets to $6.08 Then Crashes Hard—Security FUD Strikes Again

Internet Computer (ICP) jolted traders with a violent whipsaw—surging to $6.08 before nosediving on fresh security concerns. Here's the damage report.

The pump before the dump

ICP bulls staged a textbook breakout early Thursday, riding DeFi momentum to reclaim the $6 level. Then—boom—the sell-off hit like a leaked private key.

Security ghosts haunt the rally

Rumors of network vulnerabilities triggered stop-loss carnage. Because nothing fuels crypto volatility like anonymous Twitter threads and institutional traders pretending they 'saw it coming.'

What's next for ICP?

Technicals show oversold conditions, but sentiment's fractured. Either this is a golden dip-buying opportunity—or another reminder that in crypto, 'security' is just what we call the brief moments between exploits.