Internet Computer Price Hits $8.06 on Major Exchanges (ICP)

Internet Computer (ICP) traded down 2.5% against the U.S. dollar during the 24 hour period ending at 21:00 PM ET on June 26th. Internet Computer has a total market capitalization of $3.75 billion and approximately $49.99 million worth of Internet Computer was traded on exchanges in the last day. One Internet Computer token can now be purchased for $8.06 or 0.00013217 BTC on cryptocurrency exchanges. Over the last seven days, Internet Computer has traded down 4.9% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 0.9% higher against the dollar and now trades at $25.61 or 0.00042007 BTC.
• NEAR Protocol (NEAR) traded 4% lower against the dollar and now trades at $5.20 or 0.00008531 BTC.
• Hedera (HBAR) traded down 4.1% against the dollar and now trades at $0.0756 or 0.00000124 BTC.
• Cosmos (ATOM) traded 2% lower against the dollar and now trades at $6.78 or 0.00011114 BTC.
• Cronos (CRO) traded 2.7% lower against the dollar and now trades at $0.0891 or 0.00000146 BTC.
• Fetch.ai (FET) traded 7.1% higher against the dollar and now trades at $1.71 or 0.00002807 BTC.
• Algorand (ALGO) traded down 1.2% against the dollar and now trades at $0.14 or 0.00000229 BTC.
• Akash Network (AKT) traded down 6.2% against the dollar and now trades at $2.95 or 0.00004846 BTC.
• Kava (KAVA) traded 3.1% lower against the dollar and now trades at $0.45 or 0.00000739 BTC.
• Theta Fuel (TFUEL) traded down 2.7% against the dollar and now trades at $0.0740 or 0.00000121 BTC.

Internet Computer Profile

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 520,160,076 tokens and its circulating supply is 465,535,676 tokens. 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. 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.

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 Token Trading

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly 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