Internet Computer Self Reported Market Capitalization Tops $3.42 Billion (ICP)

Internet Computer (ICP) traded up 1.9% against the US dollar during the 24 hour period ending at 23:00 PM ET on July 11th. Over the last week, Internet Computer has traded 22.1% higher against the US dollar. One Internet Computer coin can now be bought for $7.33 or 0.00012855 BTC on cryptocurrency exchanges. Internet Computer has a market cap of $3.42 billion and approximately $63.62 million worth of Internet Computer was traded on exchanges in the last day.

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

  • Avalanche (AVAX) traded up 0.5% against the dollar and now trades at $25.47 or 0.00044698 BTC.
  • NEAR Protocol (NEAR) traded 8.6% higher against the dollar and now trades at $4.99 or 0.00008751 BTC.
  • Hedera (HBAR) traded 0.7% lower against the dollar and now trades at $0.0656 or 0.00000115 BTC.
  • Cosmos (ATOM) traded 1.4% lower against the dollar and now trades at $5.97 or 0.00010472 BTC.
  • Cronos (CRO) traded 1.4% higher against the dollar and now trades at $0.0858 or 0.00000151 BTC.
  • Fetch.ai (FET) traded 2.7% lower against the dollar and now trades at $1.15 or 0.00002022 BTC.
  • Algorand (ALGO) traded 0.7% lower against the dollar and now trades at $0.14 or 0.00000241 BTC.
  • Akash Network (AKT) traded 6.1% lower against the dollar and now trades at $3.34 or 0.00005834 BTC.
  • Theta Fuel (TFUEL) traded 0.2% higher against the dollar and now trades at $0.0662 or 0.00000116 BTC.
  • Kava (KAVA) traded down 1.6% against the dollar and now trades at $0.38 or 0.00000669 BTC.

About Internet Computer

ICP uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 520,626,291 coins and its circulating supply is 466,136,999 coins. 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. 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.

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 U.S. dollars. Investors seeking to trade Internet Computer should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Internet Computer using one of the exchanges listed above.

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