Internet Computer Price Tops $12.26 on Major Exchanges (ICP)

Internet Computer (ICP) traded 1% higher against the U.S. dollar during the 24 hour period ending at 16:00 PM ET on February 6th. One Internet Computer token can now be purchased for $12.26 or 0.00028369 BTC on popular exchanges. Internet Computer has a total market capitalization of $5.61 billion and approximately $110.17 million worth of Internet Computer was traded on exchanges in the last 24 hours. In the last seven days, Internet Computer has traded 2.9% higher against the U.S. dollar.

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

  • Avalanche (AVAX) traded down 0.4% against the dollar and now trades at $34.13 or 0.00078997 BTC.
  • Cosmos (ATOM) traded 1.4% higher against the dollar and now trades at $9.13 or 0.00021145 BTC.
  • NEAR Protocol (NEAR) traded up 1% against the dollar and now trades at $2.76 or 0.00006377 BTC.
  • Hedera (HBAR) traded 6.3% higher against the dollar and now trades at $0.0737 or 0.00000171 BTC.
  • Cronos (CRO) traded up 0.3% against the dollar and now trades at $0.0820 or 0.00000190 BTC.
  • Algorand (ALGO) traded up 1.4% against the dollar and now trades at $0.16 or 0.00000373 BTC.
  • Kava (KAVA) traded 0.2% higher against the dollar and now trades at $0.69 or 0.00001596 BTC.
  • Akash Network (AKT) traded up 1.8% against the dollar and now trades at $2.76 or 0.00006409 BTC.
  • Fetch.ai (FET) traded up 2.7% against the dollar and now trades at $0.53 or 0.00001235 BTC.
  • Moonbeam (GLMR) traded up 0.8% against the dollar and now trades at $0.36 or 0.00000836 BTC.

Internet Computer Profile

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 514,026,656 tokens and its circulating supply is 457,699,397 tokens. 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. 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.

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 Token Trading

It is usually not 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Internet Computer using one of the aforementioned exchanges.

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