Internet Computer Reaches Self Reported Market Cap of $3.67 Billion (ICP)

Internet Computer (ICP) traded down 8.5% against the U.S. dollar during the twenty-four hour period ending at 7:00 AM Eastern on October 26th. In the last week, Internet Computer has traded down 3.2% against the U.S. dollar. Internet Computer has a market capitalization of $3.67 billion and approximately $87.23 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer coin can currently be purchased for about $7.75 or 0.00011560 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 3.5% lower against the dollar and now trades at $25.58 or 0.00038172 BTC.
• NEAR Protocol (NEAR) traded 7.3% lower against the dollar and now trades at $4.25 or 0.00006345 BTC.
• Cronos (CRO) traded down 2% against the dollar and now trades at $0.0731 or 0.00000109 BTC.
• Hedera (HBAR) traded down 5.1% against the dollar and now trades at $0.0481 or 0.00000072 BTC.
• Cosmos (ATOM) traded 6.4% lower against the dollar and now trades at $4.43 or 0.00006617 BTC.
• Fetch.ai (FET) traded 6.1% lower against the dollar and now trades at $1.24 or 0.00001851 BTC.
• Algorand (ALGO) traded 6.1% lower against the dollar and now trades at $0.11 or 0.00000170 BTC.
• Akash Network (AKT) traded 5.2% lower against the dollar and now trades at $2.28 or 0.00003399 BTC.
• Theta Fuel (TFUEL) traded down 5.1% against the dollar and now trades at $0.0548 or 0.00000082 BTC.
• Kava (KAVA) traded 6.8% lower against the dollar and now trades at $0.32 or 0.00000484 BTC.

Internet Computer Profile

Internet Computer uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 524,797,382 coins and its circulating supply is 473,149,224 coins. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. Internet Computer’s official website is internetcomputer.org. 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.

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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