Internet Computer (ICP) Trading Down 4.5% Over Last Week

Internet Computer (ICP) traded up 0.3% against the US dollar during the 1 day period ending at 8:00 AM ET on October 27th. Internet Computer has a total market cap of $3.66 billion and $38.26 million worth of Internet Computer was traded on exchanges in the last 24 hours. During the last week, Internet Computer has traded 4.5% lower against the US dollar. One Internet Computer coin can now be purchased for approximately $7.74 or 0.00011543 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 0.8% against the dollar and now trades at $25.38 or 0.00037830 BTC.
• NEAR Protocol (NEAR) traded down 1.3% against the dollar and now trades at $4.20 or 0.00006258 BTC.
• Cronos (CRO) traded 1.2% higher against the dollar and now trades at $0.0741 or 0.00000110 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.0482 or 0.00000072 BTC.
• Cosmos (ATOM) traded 1.5% lower against the dollar and now trades at $4.34 or 0.00006470 BTC.
• Fetch.ai (FET) traded 0.7% lower against the dollar and now trades at $1.23 or 0.00001837 BTC.
• Algorand (ALGO) traded 0.1% higher against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Akash Network (AKT) traded down 1.5% against the dollar and now trades at $2.25 or 0.00003348 BTC.
• Theta Fuel (TFUEL) traded down 0.1% against the dollar and now trades at $0.0549 or 0.00000082 BTC.
• Kava (KAVA) traded 0% lower against the dollar and now trades at $0.33 or 0.00000485 BTC.

Internet Computer Profile

Internet Computer (ICP) uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 524,829,209 coins and its circulating supply is 473,180,933 coins. 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. 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 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 Coinbase, Changelly or GDAX. 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