Internet Computer Trading 6.1% Lower Over Last Week (ICP)

Internet Computer (ICP) traded 4.2% higher against the US dollar during the 24-hour period ending at 8:00 AM E.T. on February 26th. Internet Computer has a total market capitalization of $3.11 billion and $103.69 million worth of Internet Computer was traded on exchanges in the last day. During the last week, Internet Computer has traded 6.1% lower against the US dollar. One Internet Computer coin can currently be purchased for about $6.45 or 0.00007359 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 1.6% higher against the dollar and now trades at $21.69 or 0.00024749 BTC.
• Hedera (HBAR) traded 3.5% higher against the dollar and now trades at $0.19 or 0.00000220 BTC.
• NEAR Protocol (NEAR) traded up 2.9% against the dollar and now trades at $3.02 or 0.00003443 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.0747 or 0.00000085 BTC.
• Algorand (ALGO) traded up 3.2% against the dollar and now trades at $0.23 or 0.00000264 BTC.
• Cosmos (ATOM) traded 5.4% higher against the dollar and now trades at $4.51 or 0.00005150 BTC.
• Fetch.ai (FET) traded 0.2% lower against the dollar and now trades at $0.65 or 0.00000739 BTC.
• Kava (KAVA) traded up 2.9% against the dollar and now trades at $0.41 or 0.00000467 BTC.
• Akash Network (AKT) traded 1.3% higher against the dollar and now trades at $1.58 or 0.00001788 BTC.
• Theta Fuel (TFUEL) traded up 0.1% against the dollar and now trades at $0.0438 or 0.00000050 BTC.

Internet Computer Profile

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 530,241,444 coins and its circulating supply is 481,360,142 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. 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.

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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView