Internet Computer Reaches Self Reported Market Capitalization of $1.28 Billion (ICP)

Internet Computer (ICP) traded up 9.4% against the U.S. dollar during the 1-day period ending at 11:00 AM Eastern on February 25th. One Internet Computer coin can now be purchased for approximately $2.33 or 0.00003443 BTC on exchanges. Over the last week, Internet Computer has traded down 0.4% against the U.S. dollar. Internet Computer has a market cap of $1.28 billion and $71.55 million worth of Internet Computer was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Cronos (CRO) traded 5.4% higher against the dollar and now trades at $0.0789 or 0.00000117 BTC.
• Hedera (HBAR) traded up 6% against the dollar and now trades at $0.10 or 0.00000150 BTC.
• Avalanche (AVAX) traded 14.1% higher against the dollar and now trades at $9.58 or 0.00014167 BTC.
• NEAR Protocol (NEAR) traded up 13% against the dollar and now trades at $1.11 or 0.00001643 BTC.
• Cosmos (ATOM) traded 2.1% higher against the dollar and now trades at $2.09 or 0.00003095 BTC.
• Algorand (ALGO) traded up 8.2% against the dollar and now trades at $0.0915 or 0.00000135 BTC.
• Fetch.ai (FET) traded up 7.4% against the dollar and now trades at $0.17 or 0.00000248 BTC.
• PayProtocol Paycoin (PCI) traded up 2.3% against the dollar and now trades at $0.0595 or 0.00000090 BTC.
• Theta Fuel (TFUEL) traded 5.5% higher against the dollar and now trades at $0.0143 or 0.00000021 BTC.
• Akash Network (AKT) traded up 5.3% against the dollar and now trades at $0.32 or 0.00000481 BTC.

About Internet Computer

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 549,309,263 coins. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. 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 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 possible to purchase alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to trade Internet Computer should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView