Internet Computer (ICP) Self Reported Market Cap Tops $4.03 Billion

Internet Computer (ICP) traded 1% lower against the dollar during the 1-day period ending at 11:00 AM E.T. on August 25th. Internet Computer has a market cap of $4.03 billion and $76.98 million worth of Internet Computer was traded on exchanges in the last 24 hours. Over the last seven days, Internet Computer has traded up 17.4% against the dollar. One Internet Computer coin can now be purchased for $8.58 or 0.00013369 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Avalanche (AVAX) traded 1.9% lower against the dollar and now trades at $26.95 or 0.00041994 BTC.
  • NEAR Protocol (NEAR) traded 0.7% lower against the dollar and now trades at $4.93 or 0.00007688 BTC.
  • Cronos (CRO) traded 2.9% lower against the dollar and now trades at $0.0890 or 0.00000139 BTC.
  • Hedera (HBAR) traded 2.4% lower against the dollar and now trades at $0.0591 or 0.00000092 BTC.
  • Cosmos (ATOM) traded 3.2% lower against the dollar and now trades at $5.11 or 0.00007956 BTC.
  • Fetch.ai (FET) traded 1.8% lower against the dollar and now trades at $1.25 or 0.00001943 BTC.
  • Algorand (ALGO) traded down 2.3% against the dollar and now trades at $0.14 or 0.00000224 BTC.
  • Akash Network (AKT) traded down 1.3% against the dollar and now trades at $2.75 or 0.00004289 BTC.
  • Theta Fuel (TFUEL) traded 1.4% lower against the dollar and now trades at $0.0642 or 0.00000100 BTC.
  • Kava (KAVA) traded down 3.4% against the dollar and now trades at $0.36 or 0.00000567 BTC.

About Internet Computer

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 522,161,758 coins and its circulating supply is 469,224,534 coins. Internet Computer’s official website is internetcomputer.org. The Reddit community for Internet Computer is https://reddit.com/r/dfinity and the currency’s Github account can be viewed here. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. The official message board for Internet Computer is forum.dfinity.org.

According to CryptoCompare, “Internet Computer (ICP) represents a significant advancement in the field of blockchain technology, aiming to decentralise the internet by enabling a scalable, secure, and efficient platform for running applications and services directly on the blockchain. It was developed by the DFINITY Foundation, under the leadership of Dominic Williams, to challenge the current internet infrastructure and offer an alternative that reduces reliance on centralised cloud services.”

Buying and Selling Internet Computer

It is usually not possible to buy alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to acquire Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Internet Computer using one of the exchanges listed above.

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