Internet Computer Reaches Self Reported Market Cap of $1.35 Billion (ICP)

Internet Computer (ICP) traded 3% higher against the US dollar during the one day period ending at 11:00 AM Eastern on June 17th. One Internet Computer coin can currently be bought for $2.43 or 0.00003724 BTC on major exchanges. In the last week, Internet Computer has traded up 6.9% against the US dollar. Internet Computer has a market cap of $1.35 billion and approximately $70.07 million worth of Internet Computer was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Cronos (CRO) traded 1.3% lower against the dollar and now trades at $0.0594 or 0.00000091 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.0812 or 0.00000124 BTC.
• Avalanche (AVAX) traded 1.6% higher against the dollar and now trades at $6.88 or 0.00010530 BTC.
• NEAR Protocol (NEAR) traded 0.2% lower against the dollar and now trades at $2.32 or 0.00003556 BTC.
• Cosmos (ATOM) traded up 0.4% against the dollar and now trades at $1.99 or 0.00003039 BTC.
• Algorand (ALGO) traded up 5% against the dollar and now trades at $0.0980 or 0.00000150 BTC.
• Fetch.ai (FET) traded 1% higher against the dollar and now trades at $0.21 or 0.00000318 BTC.
• Akash Network (AKT) traded up 4.8% against the dollar and now trades at $0.83 or 0.00001274 BTC.
• PayProtocol Paycoin (PCI) traded down 1% against the dollar and now trades at $0.0395 or 0.00000061 BTC.
• Theta Fuel (TFUEL) traded 0% higher against the dollar and now trades at $0.0085 or 0.00000013 BTC.

Internet Computer Profile

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 554,140,740 coins and its circulating supply is 554,140,735 coins. Internet Computer’s official message board is www.linkedin.com/company/dfinity. 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 purchase alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to trade Internet Computer should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView