Internet Computer Price Reaches $8.61 on Major Exchanges (ICP)

Internet Computer (ICP) traded 3.1% lower against the dollar during the one day period ending at 8:00 AM ET on January 29th. One Internet Computer coin can now be purchased for $8.61 or 0.00008416 BTC on major cryptocurrency exchanges. During the last seven days, Internet Computer has traded down 9% against the dollar. Internet Computer has a total market cap of $4.13 billion and $88.14 million worth of Internet Computer was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 2.8% against the dollar and now trades at $32.90 or 0.00032171 BTC.
• Hedera (HBAR) traded 4.2% lower against the dollar and now trades at $0.31 or 0.00000299 BTC.
• NEAR Protocol (NEAR) traded down 1.7% against the dollar and now trades at $4.44 or 0.00004344 BTC.
• Cronos (CRO) traded down 3% against the dollar and now trades at $0.13 or 0.00000125 BTC.
• Algorand (ALGO) traded 5% lower against the dollar and now trades at $0.36 or 0.00000355 BTC.
• Fetch.ai (FET) traded down 8% against the dollar and now trades at $0.98 or 0.00000954 BTC.
• Cosmos (ATOM) traded down 0% against the dollar and now trades at $5.84 or 0.00005713 BTC.
• Akash Network (AKT) traded 2% higher against the dollar and now trades at $2.50 or 0.00002434 BTC.
• Kava (KAVA) traded down 4.1% against the dollar and now trades at $0.41 or 0.00000403 BTC.
• Theta Fuel (TFUEL) traded down 3.5% against the dollar and now trades at $0.0580 or 0.00000057 BTC.

Internet Computer Profile

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 529,536,296 coins and its circulating supply is 480,088,063 coins. Internet Computer’s official message board is forum.dfinity.org. The official website for Internet Computer is internetcomputer.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. 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 US dollars. Investors seeking to trade 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 exchanges listed above.

ICP/USD price chart by TradingView