Internet Computer (ICP) Price Up 19.9% Over Last Week

Internet Computer (ICP) traded up 1.1% against the dollar during the 24-hour period ending at 11:00 AM Eastern on August 24th. During the last week, Internet Computer has traded 19.9% higher against the dollar. One Internet Computer coin can now be purchased for about $8.64 or 0.00013498 BTC on major cryptocurrency exchanges. Internet Computer has a market cap of $4.05 billion and $68.90 million worth of Internet Computer was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 5.7% against the dollar and now trades at $27.77 or 0.00043397 BTC.
• NEAR Protocol (NEAR) traded up 5.8% against the dollar and now trades at $4.99 or 0.00007792 BTC.
• Cronos (CRO) traded 3.2% higher against the dollar and now trades at $0.0913 or 0.00000143 BTC.
• Hedera (HBAR) traded 3.5% higher against the dollar and now trades at $0.0606 or 0.00000095 BTC.
• Cosmos (ATOM) traded 7.1% higher against the dollar and now trades at $5.29 or 0.00008269 BTC.
• Fetch.ai (FET) traded up 12.8% against the dollar and now trades at $1.27 or 0.00001983 BTC.
• Algorand (ALGO) traded up 3.5% against the dollar and now trades at $0.15 or 0.00000229 BTC.
• Akash Network (AKT) traded up 10.6% against the dollar and now trades at $2.79 or 0.00004352 BTC.
• Theta Fuel (TFUEL) traded 7.3% higher against the dollar and now trades at $0.0657 or 0.00000103 BTC.
• Kava (KAVA) traded up 4.8% against the dollar and now trades at $0.37 or 0.00000586 BTC.

Internet Computer Profile

Internet Computer uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 522,159,966 coins and its circulating supply is 469,222,652 coins. 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. 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.”

Buying and Selling Internet Computer

It is usually not currently possible to buy alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to acquire Internet Computer should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView