Internet Computer (ICP) Price Tops $6.61 on Exchanges

Internet Computer (ICP) traded up 4.1% against the US dollar during the one day period ending at 8:00 AM ET on March 2nd. Internet Computer has a market capitalization of $3.18 billion and $65.09 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer coin can now be purchased for about $6.61 or 0.00007704 BTC on cryptocurrency exchanges. Over the last seven days, Internet Computer has traded down 6.4% against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Hedera (HBAR) traded 8% higher against the dollar and now trades at $0.25 or 0.00000291 BTC.
• Avalanche (AVAX) traded 2.6% higher against the dollar and now trades at $21.97 or 0.00025605 BTC.
• NEAR Protocol (NEAR) traded up 4.5% against the dollar and now trades at $3.25 or 0.00003791 BTC.
• Algorand (ALGO) traded 3.5% higher against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Cronos (CRO) traded 2.5% higher against the dollar and now trades at $0.0737 or 0.00000086 BTC.
• Cosmos (ATOM) traded 0.1% higher against the dollar and now trades at $4.48 or 0.00005220 BTC.
• Fetch.ai (FET) traded up 2.4% against the dollar and now trades at $0.65 or 0.00000755 BTC.
• Kava (KAVA) traded up 0.9% against the dollar and now trades at $0.43 or 0.00000496 BTC.
• Akash Network (AKT) traded up 2.4% against the dollar and now trades at $1.61 or 0.00001882 BTC.
• Theta Fuel (TFUEL) traded up 1.6% against the dollar and now trades at $0.0441 or 0.00000051 BTC.

Internet Computer Profile

ICP uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 530,239,494 coins and its circulating supply is 481,360,053 coins. 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. Internet Computer’s official website is internetcomputer.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible 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.”

Buying and Selling Internet Computer

It is usually not presently 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 Gemini, Coinbase or GDAX. 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