Internet Computer Price Tops $7.21 on Top Exchanges (ICP)

Internet Computer (ICP) traded down 6.1% against the US dollar during the 1 day period ending at 13:00 PM E.T. on August 4th. During the last week, Internet Computer has traded down 23.9% against the US dollar. One Internet Computer coin can now be purchased for $7.21 or 0.00012346 BTC on exchanges. Internet Computer has a market cap of $3.37 billion and $74.17 million worth of Internet Computer was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 7.3% against the dollar and now trades at $21.12 or 0.00036145 BTC.
• NEAR Protocol (NEAR) traded down 6.8% against the dollar and now trades at $4.07 or 0.00006959 BTC.
• Cronos (CRO) traded 4.4% lower against the dollar and now trades at $0.0787 or 0.00000135 BTC.
• Hedera (HBAR) traded down 3.7% against the dollar and now trades at $0.0548 or 0.00000094 BTC.
• Cosmos (ATOM) traded 3.8% lower against the dollar and now trades at $4.90 or 0.00008383 BTC.
• Fetch.ai (FET) traded 11.5% lower against the dollar and now trades at $0.89 or 0.00001520 BTC.
• Algorand (ALGO) traded 5.5% lower against the dollar and now trades at $0.11 or 0.00000192 BTC.
• Akash Network (AKT) traded 12.5% lower against the dollar and now trades at $2.09 or 0.00003551 BTC.
• Theta Fuel (TFUEL) traded 11.7% lower against the dollar and now trades at $0.0513 or 0.00000088 BTC.
• Kava (KAVA) traded down 8.2% against the dollar and now trades at $0.31 or 0.00000528 BTC.

About Internet Computer

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 521,426,328 coins and its circulating supply is 467,236,573 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 Twitter account is @dfinity and its Facebook page is accessible here. The official message board for Internet Computer is forum.dfinity.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 US dollars. Investors seeking to trade Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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