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Internet Computer Token Still Gains Developers, Users After Market Cap Tumble

  • Internet Computer has gained nearly 250,000 users since May
  • Its ICP token sank more than 80% three weeks after launch

Internet Computer, known for the dizzying rise and fall of its cryptocurrency’s market value, is seeing traction with users and developers.

Internet Computer has attracted 500 developers and nearly 250,000 users of its applications in just 10 weeks after launch, according to the Dfinity Foundation, which runs the project. Apps that are already up and running on the network include ones similar to Reddit, WhatsApp, LinkedIn and Medium, as well as various finance-related projects, the foundation said.