Internet Computer Reaches Self Reported Market Capitalization of $3.77 Billion (ICP)

Internet Computer (ICP) traded down 4.6% against the U.S. dollar during the 24-hour period ending at 18:00 PM E.T. on October 15th. Internet Computer has a market capitalization of $3.77 billion and $115.82 million worth of Internet Computer was traded on exchanges in the last day. During the last week, Internet Computer has traded 0.3% lower against the U.S. dollar. One Internet Computer coin can now be bought for approximately $7.99 or 0.00011956 BTC on exchanges.

Here’s how other cryptocurrencies have performed during the last day:

  • Avalanche (AVAX) traded 3.8% lower against the dollar and now trades at $28.10 or 0.00042065 BTC.
  • NEAR Protocol (NEAR) traded 0.8% lower against the dollar and now trades at $5.01 or 0.00007504 BTC.
  • Hedera (HBAR) traded 4.6% higher against the dollar and now trades at $0.0558 or 0.00000083 BTC.
  • Cronos (CRO) traded 1.7% lower against the dollar and now trades at $0.0769 or 0.00000115 BTC.
  • Cosmos (ATOM) traded 1.3% lower against the dollar and now trades at $4.45 or 0.00006660 BTC.
  • Fetch.ai (FET) traded 4.6% lower against the dollar and now trades at $1.45 or 0.00002165 BTC.
  • Algorand (ALGO) traded down 1.6% against the dollar and now trades at $0.12 or 0.00000187 BTC.
  • Akash Network (AKT) traded down 1.1% against the dollar and now trades at $2.51 or 0.00003787 BTC.
  • Theta Fuel (TFUEL) traded down 3% against the dollar and now trades at $0.0615 or 0.00000092 BTC.
  • Kava (KAVA) traded up 4.8% against the dollar and now trades at $0.37 or 0.00000559 BTC.

Internet Computer Profile

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 524,668,035 coins and its circulating supply is 472,559,342 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 Twitter account is @dfinity and its Facebook page is accessible here. Internet Computer’s official website is internetcomputer.org. The official message board for Internet Computer 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 possible to buy alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to acquire Internet Computer should first buy 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 buy Internet Computer using one of the aforementioned exchanges.

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