Internet Computer (ICP) Reaches Self Reported Market Cap of $3.77 Billion

Internet Computer (ICP) traded down 1.1% against the dollar during the one day period ending at 22:00 PM E.T. on October 19th. During the last week, Internet Computer has traded 0.4% lower against the dollar. Internet Computer has a market capitalization of $3.77 billion and $35.17 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer coin can now be bought for $7.98 or 0.00011713 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 0.9% lower against the dollar and now trades at $27.92 or 0.00040972 BTC.
• NEAR Protocol (NEAR) traded 2.4% lower against the dollar and now trades at $4.77 or 0.00007005 BTC.
• Cronos (CRO) traded 1.3% lower against the dollar and now trades at $0.0774 or 0.00000114 BTC.
• Hedera (HBAR) traded up 1.2% against the dollar and now trades at $0.0528 or 0.00000077 BTC.
• Cosmos (ATOM) traded up 0.9% against the dollar and now trades at $4.42 or 0.00006488 BTC.
• Fetch.ai (FET) traded down 3% against the dollar and now trades at $1.39 or 0.00002036 BTC.
• Algorand (ALGO) traded 1.7% lower against the dollar and now trades at $0.12 or 0.00000180 BTC.
• Akash Network (AKT) traded down 0.4% against the dollar and now trades at $2.48 or 0.00003630 BTC.
• Theta Fuel (TFUEL) traded 0.2% higher against the dollar and now trades at $0.0617 or 0.00000091 BTC.
• Kava (KAVA) traded 2.3% higher against the dollar and now trades at $0.38 or 0.00000556 BTC.

About Internet Computer

ICP uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 524,693,807 coins and its circulating supply is 472,585,124 coins. Internet Computer’s official website is internetcomputer.org. 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 Twitter account is @dfinity and its Facebook page is accessible here. The official message board for Internet Computer 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 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 Gemini, GDAX or Coinbase. 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