Internet Computer (ICP) Trading 5.3% Lower Over Last 7 Days

Internet Computer (ICP) traded 3.4% lower against the U.S. dollar during the one day period ending at 17:00 PM E.T. on June 28th. Internet Computer has a total market cap of $3.71 billion and approximately $52.06 million worth of Internet Computer was traded on exchanges in the last 24 hours. In the last seven days, Internet Computer has traded down 5.3% against the U.S. dollar. One Internet Computer coin can currently be bought for about $7.97 or 0.00013262 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded up 0.4% against the dollar and now trades at $28.09 or 0.00046714 BTC.
• NEAR Protocol (NEAR) traded 6.9% lower against the dollar and now trades at $4.92 or 0.00008190 BTC.
• Hedera (HBAR) traded 2.5% lower against the dollar and now trades at $0.0774 or 0.00000129 BTC.
• Cosmos (ATOM) traded 3.6% lower against the dollar and now trades at $6.81 or 0.00011319 BTC.
• Cronos (CRO) traded 1.5% lower against the dollar and now trades at $0.0901 or 0.00000150 BTC.
• Fetch.ai (FET) traded 7.3% lower against the dollar and now trades at $1.41 or 0.00002353 BTC.
• Algorand (ALGO) traded down 1.2% against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Akash Network (AKT) traded up 7.1% against the dollar and now trades at $3.54 or 0.00005884 BTC.
• Theta Fuel (TFUEL) traded 2.9% lower against the dollar and now trades at $0.0758 or 0.00000126 BTC.
• Kava (KAVA) traded down 2.7% against the dollar and now trades at $0.44 or 0.00000735 BTC.

Internet Computer Coin Profile

Internet Computer (ICP) uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 520,179,210 coins and its circulating supply is 465,554,787 coins. Internet Computer’s official website is internetcomputer.org. 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.

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 purchase alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to trade Internet Computer should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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