Internet Computer Reaches Self Reported Market Capitalization of $3.71 Billion (ICP)

Internet Computer (ICP) traded down 3% against the dollar during the 1-day period ending at 23:00 PM ET on June 28th. One Internet Computer coin can now be purchased for approximately $7.96 or 0.00013137 BTC on exchanges. Internet Computer has a total market capitalization of $3.71 billion and approximately $51.82 million worth of Internet Computer was traded on exchanges in the last 24 hours. During the last seven days, Internet Computer has traded 4.2% lower against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 1.2% higher against the dollar and now trades at $28.25 or 0.00046595 BTC.
• NEAR Protocol (NEAR) traded 3.4% lower against the dollar and now trades at $4.98 or 0.00008209 BTC.
• Hedera (HBAR) traded 1.1% lower against the dollar and now trades at $0.0777 or 0.00000128 BTC.
• Cosmos (ATOM) traded down 1.2% against the dollar and now trades at $6.84 or 0.00011286 BTC.
• Cronos (CRO) traded 2% lower against the dollar and now trades at $0.0904 or 0.00000149 BTC.
• Fetch.ai (FET) traded down 5.1% against the dollar and now trades at $1.41 or 0.00002334 BTC.
• Algorand (ALGO) traded 0.4% lower against the dollar and now trades at $0.14 or 0.00000234 BTC.
• Akash Network (AKT) traded 8.3% higher against the dollar and now trades at $3.57 or 0.00005920 BTC.
• Theta Fuel (TFUEL) traded up 0.2% against the dollar and now trades at $0.0765 or 0.00000126 BTC.
• Kava (KAVA) traded 1.8% lower against the dollar and now trades at $0.44 or 0.00000729 BTC.

About Internet Computer

ICP uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 520,180,762 coins and its circulating supply is 465,556,340 coins. Internet Computer’s official website 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.”

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 acquire Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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