Internet Computer (ICP) Trading 8.8% Lower This Week

Internet Computer (ICP) traded down 3.7% against the U.S. dollar during the 1-day period ending at 7:00 AM Eastern on September 6th. One Internet Computer coin can currently be purchased for about $7.14 or 0.00012718 BTC on popular exchanges. Internet Computer has a market capitalization of $3.35 billion and $60.34 million worth of Internet Computer was traded on exchanges in the last 24 hours. During the last seven days, Internet Computer has traded 8.8% lower against the U.S. dollar.

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

• Avalanche (AVAX) traded down 0.8% against the dollar and now trades at $21.50 or 0.00038307 BTC.
• NEAR Protocol (NEAR) traded 4.2% lower against the dollar and now trades at $3.65 or 0.00006502 BTC.
• Cronos (CRO) traded down 1.9% against the dollar and now trades at $0.0768 or 0.00000137 BTC.
• Hedera (HBAR) traded down 1.1% against the dollar and now trades at $0.0478 or 0.00000085 BTC.
• Cosmos (ATOM) traded 2.4% lower against the dollar and now trades at $3.90 or 0.00006953 BTC.
• Fetch.ai (FET) traded down 4.2% against the dollar and now trades at $1.07 or 0.00001904 BTC.
• Algorand (ALGO) traded down 0.2% against the dollar and now trades at $0.12 or 0.00000210 BTC.
• Akash Network (AKT) traded 1.9% lower against the dollar and now trades at $2.23 or 0.00003982 BTC.
• Theta Fuel (TFUEL) traded 3.5% lower against the dollar and now trades at $0.0525 or 0.00000094 BTC.
• Kava (KAVA) traded 0.3% lower against the dollar and now trades at $0.29 or 0.00000512 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 522,321,399 coins and its circulating supply is 469,837,219 coins. 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. The Reddit community for Internet Computer is https://reddit.com/r/dfinity and the currency’s Github account can be viewed here. The official website for Internet Computer is internetcomputer.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.”

Internet Computer Coin Trading

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

ICP/USD price chart by TradingView