Internet Computer (ICP) Self Reported Market Capitalization Reaches $3.64 Billion

Internet Computer (ICP) traded 3.3% lower against the US dollar during the twenty-four hour period ending at 7:00 AM E.T. on October 17th. During the last week, Internet Computer has traded down 2.2% against the US dollar. Internet Computer has a total market capitalization of $3.64 billion and $63.40 million worth of Internet Computer was traded on exchanges in the last day. One Internet Computer coin can now be bought for about $7.71 or 0.00011505 BTC on popular exchanges.

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

• Avalanche (AVAX) traded down 1% against the dollar and now trades at $27.40 or 0.00040867 BTC.
• NEAR Protocol (NEAR) traded 4% lower against the dollar and now trades at $4.76 or 0.00007101 BTC.
• Cronos (CRO) traded 1.3% lower against the dollar and now trades at $0.0775 or 0.00000116 BTC.
• Hedera (HBAR) traded 5.6% lower against the dollar and now trades at $0.0510 or 0.00000076 BTC.
• Cosmos (ATOM) traded down 2.8% against the dollar and now trades at $4.32 or 0.00006449 BTC.
• Fetch.ai (FET) traded 4.9% lower against the dollar and now trades at $1.37 or 0.00002050 BTC.
• Algorand (ALGO) traded down 3.7% against the dollar and now trades at $0.12 or 0.00000177 BTC.
• Akash Network (AKT) traded 4.8% lower against the dollar and now trades at $2.47 or 0.00003682 BTC.
• Theta Fuel (TFUEL) traded 1.8% lower against the dollar and now trades at $0.0603 or 0.00000090 BTC.
• Kava (KAVA) traded down 4% against the dollar and now trades at $0.35 or 0.00000528 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 524,676,240 coins and its circulating supply is 472,567,599 coins. 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 website is internetcomputer.org. Internet Computer’s official message board is forum.dfinity.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible 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 US dollars. Investors seeking to acquire Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase 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