Internet Computer (ICP) Reaches Self Reported Market Cap of $3.45 Billion

Internet Computer (ICP) traded up 0.9% against the U.S. dollar during the 24 hour period ending at 20:00 PM Eastern on August 13th. Internet Computer has a market capitalization of $3.45 billion and $64.85 million worth of Internet Computer was traded on exchanges in the last day. One Internet Computer coin can currently be purchased for about $7.36 or 0.00012134 BTC on popular exchanges. In the last seven days, Internet Computer has traded down 3% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 0.3% against the dollar and now trades at $21.35 or 0.00035210 BTC.
• NEAR Protocol (NEAR) traded 4.8% higher against the dollar and now trades at $4.28 or 0.00007053 BTC.
• Cronos (CRO) traded 0.3% higher against the dollar and now trades at $0.0885 or 0.00000146 BTC.
• Cosmos (ATOM) traded down 1.4% against the dollar and now trades at $5.00 or 0.00008242 BTC.
• Hedera (HBAR) traded up 0.4% against the dollar and now trades at $0.0540 or 0.00000089 BTC.
• Algorand (ALGO) traded up 0.3% against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Fetch.ai (FET) traded up 0.7% against the dollar and now trades at $0.87 or 0.00001440 BTC.
• Akash Network (AKT) traded up 6.8% against the dollar and now trades at $2.79 or 0.00004608 BTC.
• Theta Fuel (TFUEL) traded 0.4% lower against the dollar and now trades at $0.0579 or 0.00000096 BTC.
• Kava (KAVA) traded up 1% against the dollar and now trades at $0.33 or 0.00000549 BTC.

Internet Computer Coin Profile

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 521,610,162 coins and its circulating supply is 468,521,553 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 website is internetcomputer.org. 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, “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 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 Coinbase. 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