Internet Computer (ICP) Price Hits $7.84 on Exchanges

Internet Computer (ICP) traded down 2.3% against the US dollar during the 24 hour period ending at 23:00 PM Eastern on October 22nd. One Internet Computer coin can now be purchased for about $7.84 or 0.00011713 BTC on popular exchanges. Internet Computer has a total market capitalization of $3.71 billion and approximately $60.88 million worth of Internet Computer was traded on exchanges in the last day. In the last seven days, Internet Computer has traded down 2.3% against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 2.6% lower against the dollar and now trades at $27.24 or 0.00040684 BTC.
• NEAR Protocol (NEAR) traded down 3.6% against the dollar and now trades at $4.62 or 0.00006893 BTC.
• Cronos (CRO) traded 1.2% lower against the dollar and now trades at $0.0768 or 0.00000115 BTC.
• Hedera (HBAR) traded 1.7% lower against the dollar and now trades at $0.0521 or 0.00000078 BTC.
• Cosmos (ATOM) traded 1.7% lower against the dollar and now trades at $4.80 or 0.00007162 BTC.
• Fetch.ai (FET) traded down 3.9% against the dollar and now trades at $1.34 or 0.00001995 BTC.
• Algorand (ALGO) traded down 3.7% against the dollar and now trades at $0.12 or 0.00000183 BTC.
• Akash Network (AKT) traded up 1.6% against the dollar and now trades at $2.52 or 0.00003730 BTC.
• Theta Fuel (TFUEL) traded 1.8% lower against the dollar and now trades at $0.0599 or 0.00000089 BTC.
• Kava (KAVA) traded down 2.2% against the dollar and now trades at $0.36 or 0.00000537 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 524,736,193 coins and its circulating supply is 473,087,510 coins. Internet Computer’s official website 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 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.”

Buying and Selling Internet Computer

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

ICP/USD price chart by TradingView