Internet Computer Trading 5.2% Higher Over Last Week (ICP)

Internet Computer (ICP) traded up 2.1% against the US dollar during the 1 day period ending at 16:00 PM E.T. on October 20th. During the last week, Internet Computer has traded up 5.2% against the US dollar. One Internet Computer coin can now be purchased for $8.20 or 0.00011972 BTC on exchanges. Internet Computer has a market cap of $3.88 billion and $41.39 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 up 1.3% against the dollar and now trades at $28.28 or 0.00041283 BTC.
  • NEAR Protocol (NEAR) traded up 2.3% against the dollar and now trades at $4.88 or 0.00007128 BTC.
  • Cronos (CRO) traded 0.7% higher against the dollar and now trades at $0.0787 or 0.00000115 BTC.
  • Hedera (HBAR) traded up 3.4% against the dollar and now trades at $0.0544 or 0.00000079 BTC.
  • Cosmos (ATOM) traded 4.8% higher against the dollar and now trades at $4.62 or 0.00006742 BTC.
  • Fetch.ai (FET) traded 2.7% higher against the dollar and now trades at $1.44 or 0.00002106 BTC.
  • Algorand (ALGO) traded 5.4% higher against the dollar and now trades at $0.13 or 0.00000188 BTC.
  • Akash Network (AKT) traded 4.4% higher against the dollar and now trades at $2.55 or 0.00003725 BTC.
  • Theta Fuel (TFUEL) traded 1.4% higher against the dollar and now trades at $0.0627 or 0.00000092 BTC.
  • Kava (KAVA) traded up 2.5% against the dollar and now trades at $0.38 or 0.00000552 BTC.

About Internet Computer

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 524,693,135 coins and its circulating supply is 472,584,452 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. The official message board for Internet Computer 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.”

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.

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