Internet Computer Trading 0.9% Lower This Week (ICP)

Internet Computer (ICP) traded 2.8% higher against the dollar during the one day period ending at 21:00 PM ET on October 11th. One Internet Computer coin can currently be bought for $8.22 or 0.00013090 BTC on popular exchanges. Internet Computer has a total market cap of $3.88 billion and approximately $55.47 million worth of Internet Computer was traded on exchanges in the last day. Over the last seven days, Internet Computer has traded 0.9% lower against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 7.9% higher against the dollar and now trades at $27.86 or 0.00044345 BTC.
• NEAR Protocol (NEAR) traded up 3.9% against the dollar and now trades at $4.74 or 0.00007551 BTC.
• Cronos (CRO) traded up 3% against the dollar and now trades at $0.0778 or 0.00000124 BTC.
• Hedera (HBAR) traded 3% higher against the dollar and now trades at $0.0517 or 0.00000082 BTC.
• Cosmos (ATOM) traded up 4.5% against the dollar and now trades at $4.30 or 0.00006850 BTC.
• Fetch.ai (FET) traded up 7.9% against the dollar and now trades at $1.42 or 0.00002256 BTC.
• Algorand (ALGO) traded 3.1% higher against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Akash Network (AKT) traded 4.1% higher against the dollar and now trades at $2.42 or 0.00003883 BTC.
• Theta Fuel (TFUEL) traded up 4.1% against the dollar and now trades at $0.0611 or 0.00000097 BTC.
• Kava (KAVA) traded 6.7% higher against the dollar and now trades at $0.34 or 0.00000548 BTC.

About Internet Computer

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 524,250,660 coins and its circulating supply is 472,146,377 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. The official website for Internet Computer 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 possible to buy alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to acquire Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView