Internet Computer (ICP) Trading Up 8.2% Over Last Week

Internet Computer (ICP) traded down 1.1% against the dollar during the one day period ending at 8:00 AM Eastern on March 18th. Internet Computer has a market cap of $2.75 billion and approximately $80.04 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer coin can currently be bought for approximately $5.72 or 0.00006930 BTC on major cryptocurrency exchanges. In the last seven days, Internet Computer has traded 8.2% higher against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Hedera (HBAR) traded 3.7% lower against the dollar and now trades at $0.19 or 0.00000225 BTC.
• Avalanche (AVAX) traded 0.2% higher against the dollar and now trades at $18.71 or 0.00022689 BTC.
• NEAR Protocol (NEAR) traded 1.5% lower against the dollar and now trades at $2.54 or 0.00003075 BTC.
• Cronos (CRO) traded 10.3% lower against the dollar and now trades at $0.0796 or 0.00000097 BTC.
• Cosmos (ATOM) traded up 3.7% against the dollar and now trades at $4.78 or 0.00005789 BTC.
• Algorand (ALGO) traded 4.7% lower against the dollar and now trades at $0.18 or 0.00000223 BTC.
• Fetch.ai (FET) traded 3.5% lower against the dollar and now trades at $0.50 or 0.00000612 BTC.
• Kava (KAVA) traded down 1.2% against the dollar and now trades at $0.49 or 0.00000600 BTC.
• Akash Network (AKT) traded down 5.8% against the dollar and now trades at $1.26 or 0.00001522 BTC.
• Theta Fuel (TFUEL) traded up 0.3% against the dollar and now trades at $0.0380 or 0.00000046 BTC.

Internet Computer Coin Profile

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 530,638,902 coins and its circulating supply is 481,762,958 coins. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. The official message board for Internet Computer 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. 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 possible to buy alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to trade 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