Internet Computer Trading 12.1% Lower This Week (ICP)

Internet Computer (ICP) traded 7.6% lower against the U.S. dollar during the 24-hour period ending at 0:00 AM E.T. on July 3rd. Internet Computer has a total market capitalization of $3.30 billion and $101.04 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer coin can now be purchased for approximately $7.08 or 0.00012050 BTC on exchanges. In the last seven days, Internet Computer has traded down 12.1% against the U.S. dollar.

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

• Avalanche (AVAX) traded down 7.6% against the dollar and now trades at $26.02 or 0.00044258 BTC.
• NEAR Protocol (NEAR) traded 8.2% lower against the dollar and now trades at $4.94 or 0.00008396 BTC.
• Hedera (HBAR) traded down 5.5% against the dollar and now trades at $0.0710 or 0.00000121 BTC.
• Cosmos (ATOM) traded down 5.7% against the dollar and now trades at $6.30 or 0.00010723 BTC.
• Cronos (CRO) traded down 2.4% against the dollar and now trades at $0.0875 or 0.00000149 BTC.
• Fetch.ai (FET) traded 4.6% lower against the dollar and now trades at $1.23 or 0.00002095 BTC.
• Algorand (ALGO) traded down 5.8% against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Akash Network (AKT) traded 9.5% lower against the dollar and now trades at $3.44 or 0.00005707 BTC.
• Theta Fuel (TFUEL) traded down 6.4% against the dollar and now trades at $0.0701 or 0.00000119 BTC.
• Kava (KAVA) traded 6.4% lower against the dollar and now trades at $0.39 or 0.00000672 BTC.

Internet Computer Profile

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 520,449,986 coins and its circulating supply is 465,960,374 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 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 US dollars. Investors seeking to trade Internet Computer should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView