Internet Computer (ICP) Price Tops $7.66 on Exchanges

Internet Computer (ICP) traded 3.6% lower against the US dollar during the 24 hour period ending at 20:00 PM E.T. on October 17th. One Internet Computer coin can now be purchased for about $7.66 or 0.00011389 BTC on popular cryptocurrency exchanges. Internet Computer has a total market cap of $3.62 billion and approximately $63.62 million worth of Internet Computer was traded on exchanges in the last day. Over the last seven days, Internet Computer has traded 4.7% lower against the US dollar.

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

• Avalanche (AVAX) traded down 3.4% against the dollar and now trades at $27.18 or 0.00040423 BTC.
• NEAR Protocol (NEAR) traded down 4.9% against the dollar and now trades at $4.76 or 0.00007075 BTC.
• Cronos (CRO) traded 1.8% lower against the dollar and now trades at $0.0774 or 0.00000115 BTC.
• Hedera (HBAR) traded 5.9% lower against the dollar and now trades at $0.0507 or 0.00000075 BTC.
• Cosmos (ATOM) traded down 3.5% against the dollar and now trades at $4.30 or 0.00006396 BTC.
• Fetch.ai (FET) traded down 5.6% against the dollar and now trades at $1.36 or 0.00002019 BTC.
• Algorand (ALGO) traded 2.9% lower against the dollar and now trades at $0.12 or 0.00000178 BTC.
• Akash Network (AKT) traded 3.8% lower against the dollar and now trades at $2.45 or 0.00003631 BTC.
• Theta Fuel (TFUEL) traded down 3.5% against the dollar and now trades at $0.0604 or 0.00000090 BTC.
• Kava (KAVA) traded down 3.2% against the dollar and now trades at $0.36 or 0.00000531 BTC.

About Internet Computer

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 524,685,674 coins and its circulating supply is 472,577,062 coins. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. Internet Computer’s official message board 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. The official website for Internet Computer 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 acquire Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView