Internet Computer Price Tops $6.97 on Exchanges (ICP)

Internet Computer (ICP) traded 9.1% lower against the U.S. dollar during the 24-hour period ending at 11:00 AM E.T. on November 3rd. Over the last week, Internet Computer has traded down 11.2% against the U.S. dollar. One Internet Computer coin can currently be purchased for about $6.97 or 0.00010292 BTC on exchanges. Internet Computer has a market capitalization of $3.30 billion and $61.38 million worth of Internet Computer was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 5.6% lower against the dollar and now trades at $22.87 or 0.00033767 BTC.
• NEAR Protocol (NEAR) traded down 7.2% against the dollar and now trades at $3.60 or 0.00005316 BTC.
• Fetch.ai (FET) traded down 6.1% against the dollar and now trades at $1.11 or 0.00001635 BTC.
• Cronos (CRO) traded down 2.7% against the dollar and now trades at $0.0707 or 0.00000104 BTC.
• Hedera (HBAR) traded 6.5% lower against the dollar and now trades at $0.0421 or 0.00000062 BTC.
• Cosmos (ATOM) traded down 4.1% against the dollar and now trades at $3.91 or 0.00005781 BTC.
• Algorand (ALGO) traded down 5.8% against the dollar and now trades at $0.11 or 0.00000158 BTC.
• Akash Network (AKT) traded down 3.9% against the dollar and now trades at $2.17 or 0.00003199 BTC.
• Theta Fuel (TFUEL) traded down 5.8% against the dollar and now trades at $0.0483 or 0.00000071 BTC.
• Kava (KAVA) traded 6.9% lower against the dollar and now trades at $0.29 or 0.00000435 BTC.

Internet Computer Coin Profile

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 524,982,854 coins and its circulating supply is 473,335,585 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 U.S. dollars. Investors seeking to trade Internet Computer should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView