Internet Computer (ICP) Price Tops $8.05 on Exchanges

Internet Computer (ICP) traded down 0.2% against the dollar during the 1 day period ending at 12:00 PM Eastern on October 31st. Internet Computer has a market capitalization of $3.81 billion and approximately $53.49 million worth of Internet Computer was traded on exchanges in the last day. In the last week, Internet Computer has traded 2.2% lower against the dollar. One Internet Computer coin can currently be purchased for approximately $8.05 or 0.00011409 BTC on exchanges.

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

• Avalanche (AVAX) traded down 3.5% against the dollar and now trades at $25.25 or 0.00035805 BTC.
• NEAR Protocol (NEAR) traded 4.7% lower against the dollar and now trades at $4.13 or 0.00005852 BTC.
• Fetch.ai (FET) traded up 0.7% against the dollar and now trades at $1.30 or 0.00001849 BTC.
• Cronos (CRO) traded down 3.2% against the dollar and now trades at $0.0737 or 0.00000105 BTC.
• Hedera (HBAR) traded 3.9% lower against the dollar and now trades at $0.0465 or 0.00000066 BTC.
• Cosmos (ATOM) traded down 3.3% against the dollar and now trades at $4.30 or 0.00006093 BTC.
• Algorand (ALGO) traded 4.4% lower against the dollar and now trades at $0.12 or 0.00000164 BTC.
• Akash Network (AKT) traded down 4.5% against the dollar and now trades at $2.39 or 0.00003375 BTC.
• Kava (KAVA) traded down 5.9% against the dollar and now trades at $0.33 or 0.00000470 BTC.
• Theta Fuel (TFUEL) traded 3.4% lower against the dollar and now trades at $0.0532 or 0.00000075 BTC.

About Internet Computer

ICP uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 524,868,193 coins and its circulating supply is 473,220,520 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 website is internetcomputer.org. Internet Computer’s official message board 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.”

Buying and Selling Internet Computer

It is usually not currently 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 GDAX, Gemini or Changelly. 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