Internet Computer (ICP) Price Down 8.5% This Week

Internet Computer (ICP) traded 3.4% lower against the U.S. dollar during the 24-hour period ending at 0:00 AM Eastern on September 6th. Internet Computer has a total market capitalization of $3.31 billion and approximately $83.67 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer coin can now be purchased for approximately $7.04 or 0.00013076 BTC on exchanges. In the last seven days, Internet Computer has traded down 8.5% against the U.S. dollar.

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

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $21.26 or 0.00039506 BTC.
• NEAR Protocol (NEAR) traded down 4% against the dollar and now trades at $3.57 or 0.00006635 BTC.
• Cronos (CRO) traded down 2.4% against the dollar and now trades at $0.0759 or 0.00000141 BTC.
• Hedera (HBAR) traded down 2.2% against the dollar and now trades at $0.0472 or 0.00000088 BTC.
• Cosmos (ATOM) traded down 6% against the dollar and now trades at $3.69 or 0.00006852 BTC.
• Fetch.ai (FET) traded 2.2% lower against the dollar and now trades at $1.06 or 0.00001961 BTC.
• Algorand (ALGO) traded down 1.6% against the dollar and now trades at $0.12 or 0.00000218 BTC.
• Akash Network (AKT) traded down 2.4% against the dollar and now trades at $2.21 or 0.00004121 BTC.
• Theta Fuel (TFUEL) traded down 0.1% against the dollar and now trades at $0.0531 or 0.00000099 BTC.
• Kava (KAVA) traded 4.6% lower against the dollar and now trades at $0.28 or 0.00000515 BTC.

Internet Computer Profile

ICP uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 522,337,623 coins and its circulating supply is 469,853,466 coins. 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 Twitter account is @dfinity and its Facebook page is accessible 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 Coin Trading

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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView