Internet Computer (ICP) Trading Down 3.1% Over Last Week

Internet Computer (ICP) traded 3.9% higher against the dollar during the 24-hour period ending at 14:00 PM E.T. on May 2nd. In the last week, Internet Computer has traded down 3.1% against the dollar. Internet Computer has a market capitalization of $6.20 billion and approximately $151.46 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer token can currently be purchased for $13.39 or 0.00022687 BTC on major exchanges.

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

• Avalanche (AVAX) traded up 2.9% against the dollar and now trades at $33.69 or 0.00057096 BTC.
• NEAR Protocol (NEAR) traded 0.2% lower against the dollar and now trades at $6.10 or 0.00010337 BTC.
• Hedera (HBAR) traded down 4% against the dollar and now trades at $0.0985 or 0.00000167 BTC.
• Cronos (CRO) traded 2.6% higher against the dollar and now trades at $0.13 or 0.00000216 BTC.
• Cosmos (ATOM) traded 3.8% higher against the dollar and now trades at $8.61 or 0.00014584 BTC.
• Fetch.ai (FET) traded up 0.6% against the dollar and now trades at $1.99 or 0.00003377 BTC.
• Algorand (ALGO) traded up 2% against the dollar and now trades at $0.18 or 0.00000307 BTC.
• Akash Network (AKT) traded up 4.6% against the dollar and now trades at $4.22 or 0.00007139 BTC.
• Kava (KAVA) traded up 3% against the dollar and now trades at $0.66 or 0.00001110 BTC.
• Theta Fuel (TFUEL) traded 3.4% higher against the dollar and now trades at $0.10 or 0.00000173 BTC.

Internet Computer Profile

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 518,211,666 tokens and its circulating supply is 463,440,173 tokens. Internet Computer’s official website is internetcomputer.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. Internet Computer’s official message board 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.

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 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 Coinbase, Gemini or GDAX. 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