Internet Computer (ICP) Trading Up 7.5% This Week

Internet Computer (ICP) traded up 0.3% against the dollar during the 1-day period ending at 10:00 AM Eastern on August 24th. Internet Computer has a total market cap of $1.35 billion and approximately $58.60 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer coin can now be bought for $2.43 or 0.00003053 BTC on popular cryptocurrency exchanges. During the last week, Internet Computer has traded up 7.5% against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Cronos (CRO) traded up 5.3% against the dollar and now trades at $0.0619 or 0.00000078 BTC.
• Hedera (HBAR) traded up 0.7% against the dollar and now trades at $0.0806 or 0.00000101 BTC.
• Avalanche (AVAX) traded down 0.1% against the dollar and now trades at $7.59 or 0.00009521 BTC.
• NEAR Protocol (NEAR) traded up 1.3% against the dollar and now trades at $2.01 or 0.00002518 BTC.
• Algorand (ALGO) traded down 1.2% against the dollar and now trades at $0.0930 or 0.00000117 BTC.
• Cosmos (ATOM) traded 2.8% lower against the dollar and now trades at $1.56 or 0.00001962 BTC.
• Fetch.ai (FET) traded up 5.1% against the dollar and now trades at $0.18 or 0.00000220 BTC.
• Akash Network (AKT) traded 3.8% higher against the dollar and now trades at $0.57 or 0.00000725 BTC.
• PayProtocol Paycoin (PCI) traded down 0.1% against the dollar and now trades at $0.0390 or 0.00000049 BTC.
• Theta Fuel (TFUEL) traded down 1.7% against the dollar and now trades at $0.0087 or 0.00000011 BTC.

Internet Computer Coin Profile

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 556,060,028 coins and its circulating supply is 556,060,181 coins. The Reddit community for Internet Computer is https://reddit.com/r/dfinity and the currency’s Github account can be viewed here. The official website for Internet Computer is internetcomputer.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. The official message board for Internet Computer is www.linkedin.com/company/dfinity.

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 acquire Internet Computer should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView