Internet Computer (ICP) Self Reported Market Cap Tops $3.29 Billion

Internet Computer (ICP) traded 4.6% lower against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on February 18th. Internet Computer has a market capitalization of $3.29 billion and approximately $71.51 million worth of Internet Computer was traded on exchanges in the last day. One Internet Computer coin can currently be bought for $6.83 or 0.00007099 BTC on popular cryptocurrency exchanges. Over the last week, Internet Computer has traded down 6.5% against the dollar.

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

• Avalanche (AVAX) traded 6.2% lower against the dollar and now trades at $24.01 or 0.00024956 BTC.
• Hedera (HBAR) traded down 7.5% against the dollar and now trades at $0.21 or 0.00000213 BTC.
• NEAR Protocol (NEAR) traded down 7.1% against the dollar and now trades at $3.16 or 0.00003288 BTC.
• Cronos (CRO) traded down 3.6% against the dollar and now trades at $0.0862 or 0.00000090 BTC.
• Algorand (ALGO) traded 6.3% lower against the dollar and now trades at $0.26 or 0.00000272 BTC.
• Cosmos (ATOM) traded down 4.8% against the dollar and now trades at $4.63 or 0.00004810 BTC.
• Fetch.ai (FET) traded down 7.2% against the dollar and now trades at $0.74 or 0.00000769 BTC.
• Kava (KAVA) traded 2.2% lower against the dollar and now trades at $0.46 or 0.00000477 BTC.
• Akash Network (AKT) traded 6.8% lower against the dollar and now trades at $1.77 or 0.00001846 BTC.
• Theta Fuel (TFUEL) traded 3.7% lower against the dollar and now trades at $0.0475 or 0.00000049 BTC.

About Internet Computer

Internet Computer uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 530,109,218 coins and its circulating supply is 480,961,039 coins. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. 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 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.”

Internet Computer Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to trade Internet Computer should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView