Internet Computer (ICP) One Day Trading Volume Reaches $17.46 Million

Internet Computer (ICP) traded 1.1% higher against the U.S. dollar during the 1-day period ending at 23:00 PM ET on May 26th. One Internet Computer token can currently be purchased for about $4.84 or 0.00018120 BTC on popular cryptocurrency exchanges. Internet Computer has a market capitalization of $2.11 billion and approximately $17.46 million worth of Internet Computer was traded on exchanges in the last day. In the last seven days, Internet Computer has traded 7.9% lower against the U.S. dollar.

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

• Avalanche (AVAX) traded 2.3% higher against the dollar and now trades at $14.42 or 0.00053945 BTC.
• Cosmos (ATOM) traded 0.8% higher against the dollar and now trades at $10.57 or 0.00039549 BTC.
• Hedera (HBAR) traded up 3.1% against the dollar and now trades at $0.0523 or 0.00000196 BTC.
• Cronos (CRO) traded 0.5% higher against the dollar and now trades at $0.0601 or 0.00000225 BTC.
• NEAR Protocol (NEAR) traded 2.4% higher against the dollar and now trades at $1.59 or 0.00005948 BTC.
• Algorand (ALGO) traded up 1.1% against the dollar and now trades at $0.15 or 0.00000562 BTC.
• Kava (KAVA) traded 4.7% higher against the dollar and now trades at $1.13 or 0.00004217 BTC.
• Theta Fuel (TFUEL) traded up 1.2% against the dollar and now trades at $0.0410 or 0.00000153 BTC.
• Fetch.ai (FET) traded up 5.9% against the dollar and now trades at $0.25 or 0.00000933 BTC.
• Moonbeam (GLMR) traded 2.3% higher against the dollar and now trades at $0.27 or 0.00001028 BTC.

About Internet Computer

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 498,858,394 tokens and its circulating supply is 436,355,135 tokens. 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 message board is forum.dfinity.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here.

According to CryptoCompare, “The Internet Computer (ICP) is a native token used to power the Internet Computer protocol. It is used to pay for transaction fees, access services, and reward developers and validators. The total supply of ICP tokens is fixed and is designed to remain deflationary. It was created by the DFINITY Foundation, a nonprofit based in Zurich, Switzerland, and led by Dominic Williams, Chief Scientist and Founder. The team also includes experts from the fields of blockchain, cryptography, distributed systems, and computer science. The Foundation is responsible for funding research and development, managing and administering the protocol, and providing support to the community.”

Buying and Selling Internet Computer

It is usually not currently possible to purchase alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to acquire Internet Computer should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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