Internet Computer (ICP) Trading Up 4.1% This Week

Internet Computer (ICP) traded down 4.8% against the US dollar during the 1 day period ending at 14:00 PM ET on May 22nd. Internet Computer has a market cap of $5.99 billion and $110.61 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer token can now be bought for approximately $12.91 or 0.00018534 BTC on popular exchanges. Over the last seven days, Internet Computer has traded 4.1% higher against the US dollar.

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

• Avalanche (AVAX) traded 2.9% lower against the dollar and now trades at $39.73 or 0.00057057 BTC.
• NEAR Protocol (NEAR) traded up 2.7% against the dollar and now trades at $8.06 or 0.00011571 BTC.
• Hedera (HBAR) traded down 1.9% against the dollar and now trades at $0.11 or 0.00000162 BTC.
• Cosmos (ATOM) traded down 3.2% against the dollar and now trades at $8.55 or 0.00012284 BTC.
• Cronos (CRO) traded up 0% against the dollar and now trades at $0.13 or 0.00000180 BTC.
• Fetch.ai (FET) traded 4.4% higher against the dollar and now trades at $2.60 or 0.00003731 BTC.
• Algorand (ALGO) traded down 1.5% against the dollar and now trades at $0.19 or 0.00000267 BTC.
• Akash Network (AKT) traded 0.5% higher against the dollar and now trades at $5.79 or 0.00008337 BTC.
• Kava (KAVA) traded down 2.1% against the dollar and now trades at $0.69 or 0.00000986 BTC.
• Theta Fuel (TFUEL) traded 1.7% lower against the dollar and now trades at $0.11 or 0.00000155 BTC.

Internet Computer Profile

Internet Computer (ICP) uses the hashing algorithm. Its genesis date was May 10th, 2021. Internet Computer’s total supply is 518,887,595 tokens and its circulating supply is 464,267,296 tokens. 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. The official message board for Internet Computer is forum.dfinity.org. 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.”

Buying and Selling Internet Computer

It is usually not presently 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView