Internet Computer Price Down 6.7% Over Last Week (ICP)

Internet Computer (ICP) traded down 1.9% against the U.S. dollar during the 24-hour period ending at 20:00 PM Eastern on April 2nd. One Internet Computer token can now be purchased for $17.69 or 0.00027044 BTC on popular exchanges. Internet Computer has a market cap of $8.17 billion and $314.63 million worth of Internet Computer was traded on exchanges in the last 24 hours. During the last seven days, Internet Computer has traded down 6.7% against the U.S. dollar.

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

  • Avalanche (AVAX) traded down 8.7% against the dollar and now trades at $46.63 or 0.00071285 BTC.
  • NEAR Protocol (NEAR) traded 7.3% lower against the dollar and now trades at $6.21 or 0.00009491 BTC.
  • Cosmos (ATOM) traded down 5.5% against the dollar and now trades at $10.96 or 0.00016761 BTC.
  • Cronos (CRO) traded 6% lower against the dollar and now trades at $0.14 or 0.00000215 BTC.
  • Hedera (HBAR) traded 5.5% lower against the dollar and now trades at $0.10 or 0.00000158 BTC.
  • Fetch.ai (FET) traded down 6.7% against the dollar and now trades at $2.66 or 0.00004062 BTC.
  • Algorand (ALGO) traded down 6.3% against the dollar and now trades at $0.23 or 0.00000358 BTC.
  • Akash Network (AKT) traded 2.5% higher against the dollar and now trades at $4.60 or 0.00007006 BTC.
  • Kava (KAVA) traded down 14.4% against the dollar and now trades at $0.91 or 0.00001394 BTC.
  • Theta Fuel (TFUEL) traded down 8.8% against the dollar and now trades at $0.0828 or 0.00000127 BTC.

About Internet Computer

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 516,596,969 tokens and its circulating supply is 461,606,604 tokens. The official website for Internet Computer is internetcomputer.org. 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. The Reddit community for Internet Computer is https://reddit.com/r/dfinity and the currency’s Github account can be viewed here.

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.”

Buying and Selling Internet Computer

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

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