Internet Computer Trading 0.9% Lower This Week (ICP)

Internet Computer (ICP) traded up 2.8% against the US dollar during the 24-hour period ending at 21:00 PM ET on October 11th. During the last week, Internet Computer has traded 0.9% lower against the US dollar. One Internet Computer coin can currently be purchased for $8.22 or 0.00013090 BTC on exchanges. Internet Computer has a market capitalization of $3.88 billion and $55.47 million worth of Internet Computer was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 7.9% against the dollar and now trades at $27.86 or 0.00044345 BTC.
• NEAR Protocol (NEAR) traded 3.9% higher against the dollar and now trades at $4.74 or 0.00007551 BTC.
• Cronos (CRO) traded 3% higher against the dollar and now trades at $0.0778 or 0.00000124 BTC.
• Hedera (HBAR) traded up 3% against the dollar and now trades at $0.0517 or 0.00000082 BTC.
• Cosmos (ATOM) traded 4.5% higher against the dollar and now trades at $4.30 or 0.00006850 BTC.
• Fetch.ai (FET) traded up 7.9% against the dollar and now trades at $1.42 or 0.00002256 BTC.
• Algorand (ALGO) traded up 3.1% against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Akash Network (AKT) traded up 4.1% against the dollar and now trades at $2.42 or 0.00003883 BTC.
• Theta Fuel (TFUEL) traded up 4.1% against the dollar and now trades at $0.0611 or 0.00000097 BTC.
• Kava (KAVA) traded 6.7% higher against the dollar and now trades at $0.34 or 0.00000548 BTC.

Internet Computer Coin Profile

Internet Computer (ICP) uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 524,250,660 coins and its circulating supply is 472,146,377 coins. 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. 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.”

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 trade Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView