Internet Computer (ICP) Reaches Self Reported Market Cap of $3.89 Billion

Internet Computer (ICP) traded up 3.9% against the U.S. dollar during the twenty-four hour period ending at 11:00 AM E.T. on October 14th. Internet Computer has a total market capitalization of $3.89 billion and approximately $65.98 million worth of Internet Computer was traded on exchanges in the last 24 hours. In the last seven days, Internet Computer has traded down 2.8% against the U.S. dollar. One Internet Computer coin can currently be bought for about $8.22 or 0.00012465 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last 24 hours:

  • Avalanche (AVAX) traded 2.7% higher against the dollar and now trades at $29.57 or 0.00044832 BTC.
  • NEAR Protocol (NEAR) traded 5.5% higher against the dollar and now trades at $4.96 or 0.00007512 BTC.
  • Cronos (CRO) traded 3.2% higher against the dollar and now trades at $0.0783 or 0.00000119 BTC.
  • Hedera (HBAR) traded 4.3% higher against the dollar and now trades at $0.0528 or 0.00000080 BTC.
  • Cosmos (ATOM) traded up 4.1% against the dollar and now trades at $4.48 or 0.00006795 BTC.
  • Fetch.ai (FET) traded 5.7% higher against the dollar and now trades at $1.51 or 0.00002287 BTC.
  • Algorand (ALGO) traded 3.6% higher against the dollar and now trades at $0.13 or 0.00000191 BTC.
  • Akash Network (AKT) traded 4.2% higher against the dollar and now trades at $2.54 or 0.00003896 BTC.
  • Theta Fuel (TFUEL) traded up 3.2% against the dollar and now trades at $0.0627 or 0.00000095 BTC.
  • Kava (KAVA) traded up 3.4% against the dollar and now trades at $0.35 or 0.00000533 BTC.

Internet Computer Profile

Internet Computer uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 524,665,748 coins and its circulating supply is 472,561,374 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 message board is forum.dfinity.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. Internet Computer’s official website 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 presently possible to buy alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to acquire Internet Computer should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Internet Computer using one of the exchanges listed above.

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