Internet Computer Trading Down 15.6% This Week (ICP)

Internet Computer (ICP) traded down 8.9% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on July 4th. One Internet Computer coin can currently be purchased for about $6.92 or 0.00011915 BTC on major cryptocurrency exchanges. Internet Computer has a market cap of $3.22 billion and approximately $114.01 million worth of Internet Computer was traded on exchanges in the last 24 hours. During the last week, Internet Computer has traded down 15.6% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded down 5% against the dollar and now trades at $25.60 or 0.00044096 BTC.
• NEAR Protocol (NEAR) traded down 5.7% against the dollar and now trades at $4.83 or 0.00008321 BTC.
• Hedera (HBAR) traded 5.8% lower against the dollar and now trades at $0.0694 or 0.00000120 BTC.
• Cosmos (ATOM) traded down 4.4% against the dollar and now trades at $6.20 or 0.00010673 BTC.
• Cronos (CRO) traded down 5.1% against the dollar and now trades at $0.0861 or 0.00000148 BTC.
• Fetch.ai (FET) traded 0.9% lower against the dollar and now trades at $1.25 or 0.00002152 BTC.
• Algorand (ALGO) traded down 6.3% against the dollar and now trades at $0.14 or 0.00000234 BTC.
• Akash Network (AKT) traded 10.1% lower against the dollar and now trades at $3.11 or 0.00005415 BTC.
• Theta Fuel (TFUEL) traded 6.7% lower against the dollar and now trades at $0.0670 or 0.00000115 BTC.
• Kava (KAVA) traded down 8.2% against the dollar and now trades at $0.38 or 0.00000657 BTC.

Internet Computer Profile

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 520,454,460 coins and its circulating supply is 465,964,841 coins. The official website for Internet Computer is internetcomputer.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 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.”

Internet Computer Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to acquire Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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 exchanges listed above.

ICP/USD price chart by TradingView