Internet Computer (ICP) Trading 11.4% Lower This Week

Internet Computer (ICP) traded down 4.8% against the U.S. dollar during the 24 hour period ending at 17:00 PM ET on April 29th. Internet Computer has a market cap of $6.15 billion and $123.40 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer token can currently be purchased for approximately $13.27 or 0.00021081 BTC on exchanges. During the last seven days, Internet Computer has traded down 11.4% against the U.S. dollar.

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

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $34.28 or 0.00054467 BTC.
• NEAR Protocol (NEAR) traded 7% lower against the dollar and now trades at $6.73 or 0.00010694 BTC.
• Hedera (HBAR) traded down 4.7% against the dollar and now trades at $0.10 or 0.00000161 BTC.
• Cronos (CRO) traded down 3.5% against the dollar and now trades at $0.13 or 0.00000202 BTC.
• Cosmos (ATOM) traded 3.1% lower against the dollar and now trades at $8.07 or 0.00012828 BTC.
• Fetch.ai (FET) traded 6% lower against the dollar and now trades at $2.10 or 0.00003337 BTC.
• Algorand (ALGO) traded 6% lower against the dollar and now trades at $0.19 or 0.00000296 BTC.
• Akash Network (AKT) traded down 5.2% against the dollar and now trades at $4.26 or 0.00006773 BTC.
• Kava (KAVA) traded down 3.5% against the dollar and now trades at $0.67 or 0.00001071 BTC.
• Theta Fuel (TFUEL) traded 7.1% lower against the dollar and now trades at $0.10 or 0.00000166 BTC.

Internet Computer Token Profile

Internet Computer (ICP) uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 518,115,340 tokens and its circulating supply is 463,249,209 tokens. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. 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 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 Token Trading

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView