Internet Computer Price Reaches $7.40 on Major Exchanges (ICP)

Internet Computer (ICP) traded 6% lower against the U.S. dollar during the twenty-four hour period ending at 18:00 PM Eastern on July 3rd. During the last week, Internet Computer has traded 9.3% lower against the U.S. dollar. One Internet Computer coin can now be bought for about $7.40 or 0.00012286 BTC on popular exchanges. Internet Computer has a market cap of $3.45 billion and $60.49 million worth of Internet Computer was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 6.1% lower against the dollar and now trades at $26.58 or 0.00044147 BTC.
• NEAR Protocol (NEAR) traded 9.9% lower against the dollar and now trades at $5.02 or 0.00008337 BTC.
• Hedera (HBAR) traded 8.3% lower against the dollar and now trades at $0.0719 or 0.00000119 BTC.
• Cosmos (ATOM) traded down 7.2% against the dollar and now trades at $6.32 or 0.00010492 BTC.
• Cronos (CRO) traded 2.1% lower against the dollar and now trades at $0.0887 or 0.00000147 BTC.
• Fetch.ai (FET) traded 7.8% lower against the dollar and now trades at $1.22 or 0.00002029 BTC.
• Algorand (ALGO) traded 4.5% lower against the dollar and now trades at $0.14 or 0.00000236 BTC.
• Akash Network (AKT) traded 11.2% lower against the dollar and now trades at $3.35 or 0.00005570 BTC.
• Theta Fuel (TFUEL) traded down 5.6% against the dollar and now trades at $0.0725 or 0.00000120 BTC.
• Kava (KAVA) traded 5% lower against the dollar and now trades at $0.41 or 0.00000681 BTC.

Internet Computer Coin Profile

ICP uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 520,449,635 coins and its circulating supply is 465,960,016 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 message board is forum.dfinity.org. Internet Computer’s official website is internetcomputer.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 buy alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to trade Internet Computer should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. 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