Internet Computer Trading Down 8.4% Over Last 7 Days (ICP)

Internet Computer (ICP) traded 2.6% lower against the dollar during the twenty-four hour period ending at 23:00 PM Eastern on August 15th. One Internet Computer coin can now be purchased for approximately $6.96 or 0.00012007 BTC on popular cryptocurrency exchanges. Internet Computer has a total market cap of $3.27 billion and approximately $57.15 million worth of Internet Computer was traded on exchanges in the last 24 hours. During the last seven days, Internet Computer has traded down 8.4% against the dollar.

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

• Avalanche (AVAX) traded down 3.6% against the dollar and now trades at $20.24 or 0.00034886 BTC.
• NEAR Protocol (NEAR) traded 4.2% lower against the dollar and now trades at $3.98 or 0.00006865 BTC.
• Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.0878 or 0.00000151 BTC.
• Hedera (HBAR) traded down 3% against the dollar and now trades at $0.0521 or 0.00000090 BTC.
• Cosmos (ATOM) traded down 4.9% against the dollar and now trades at $4.53 or 0.00007804 BTC.
• Algorand (ALGO) traded down 2.7% against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Fetch.ai (FET) traded down 4.6% against the dollar and now trades at $0.83 or 0.00001430 BTC.
• Akash Network (AKT) traded 4.2% lower against the dollar and now trades at $2.54 or 0.00004398 BTC.
• Theta Fuel (TFUEL) traded 1.6% lower against the dollar and now trades at $0.0556 or 0.00000096 BTC.
• Kava (KAVA) traded down 2.1% against the dollar and now trades at $0.32 or 0.00000551 BTC.

Internet Computer Profile

Internet Computer (ICP) uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 521,975,670 coins and its circulating supply is 468,887,061 coins. Internet Computer’s official message board is forum.dfinity.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. The official website for Internet Computer is internetcomputer.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 purchase alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to trade Internet Computer should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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