Internet Computer Reaches Self Reported Market Capitalization of $5.67 Billion (ICP)

Internet Computer (ICP) traded 0.7% lower against the US dollar during the one day period ending at 20:00 PM ET on April 16th. Internet Computer has a market capitalization of $5.67 billion and approximately $166.40 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer token can currently be bought for $12.24 or 0.00019219 BTC on cryptocurrency exchanges. Over the last seven days, Internet Computer has traded 23.8% lower against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 0.9% lower against the dollar and now trades at $34.83 or 0.00054670 BTC.
• NEAR Protocol (NEAR) traded 5.6% higher against the dollar and now trades at $5.50 or 0.00008641 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.13 or 0.00000199 BTC.
• Cosmos (ATOM) traded up 0.4% against the dollar and now trades at $8.17 or 0.00012826 BTC.
• Hedera (HBAR) traded up 0.7% against the dollar and now trades at $0.0799 or 0.00000125 BTC.
• Fetch.ai (FET) traded up 2.4% against the dollar and now trades at $2.10 or 0.00003301 BTC.
• Algorand (ALGO) traded 2.5% higher against the dollar and now trades at $0.17 or 0.00000274 BTC.
• Akash Network (AKT) traded 12.2% higher against the dollar and now trades at $4.00 or 0.00006256 BTC.
• Kava (KAVA) traded 0.6% higher against the dollar and now trades at $0.65 or 0.00001015 BTC.
• Theta Fuel (TFUEL) traded down 1.5% against the dollar and now trades at $0.0861 or 0.00000135 BTC.

Internet Computer Token Profile

Internet Computer (ICP) uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 517,740,719 tokens and its circulating supply is 462,718,765 tokens. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. The Reddit community for Internet Computer is https://reddit.com/r/dfinity and the currency’s Github account can be viewed here. The official message board for Internet Computer is forum.dfinity.org. 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 trade Internet Computer should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. 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