Internet Computer Price Reaches $7.41 on Top Exchanges (ICP)

Internet Computer (ICP) traded 2.5% lower against the US dollar during the one day period ending at 23:00 PM Eastern on August 9th. One Internet Computer coin can now be purchased for approximately $7.41 or 0.00012223 BTC on major cryptocurrency exchanges. Over the last seven days, Internet Computer has traded 9.8% lower against the US dollar. Internet Computer has a market capitalization of $3.47 billion and $62.49 million worth of Internet Computer was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 3.3% against the dollar and now trades at $21.67 or 0.00035720 BTC.
• NEAR Protocol (NEAR) traded down 2.3% against the dollar and now trades at $4.05 or 0.00006672 BTC.
• Cronos (CRO) traded 14.8% higher against the dollar and now trades at $0.0959 or 0.00000158 BTC.
• Hedera (HBAR) traded down 4.7% against the dollar and now trades at $0.0558 or 0.00000092 BTC.
• Cosmos (ATOM) traded down 1.3% against the dollar and now trades at $5.06 or 0.00008343 BTC.
• Algorand (ALGO) traded 1.3% lower against the dollar and now trades at $0.12 or 0.00000196 BTC.
• Fetch.ai (FET) traded 4.1% lower against the dollar and now trades at $0.85 or 0.00001399 BTC.
• Akash Network (AKT) traded down 2.8% against the dollar and now trades at $2.54 or 0.00004193 BTC.
• Theta Fuel (TFUEL) traded up 5.1% against the dollar and now trades at $0.0590 or 0.00000097 BTC.
• Kava (KAVA) traded 0.4% lower against the dollar and now trades at $0.33 or 0.00000540 BTC.

About Internet Computer

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. Its genesis date was May 10th, 2021. Internet Computer’s total supply is 521,551,040 coins and its circulating supply is 468,461,916 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 Twitter account is @dfinity and its Facebook page is accessible here. Internet Computer’s official message board 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.”

Internet Computer Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to trade Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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