Internet Computer Price Up 5.4% This Week (ICP)

Internet Computer (ICP) traded 2.6% lower against the U.S. dollar during the 24 hour period ending at 7:00 AM E.T. on August 28th. Over the last week, Internet Computer has traded 5.4% higher against the U.S. dollar. One Internet Computer coin can currently be purchased for about $7.80 or 0.00013052 BTC on major exchanges. Internet Computer has a total market capitalization of $3.66 billion and approximately $79.81 million worth of Internet Computer was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 4.4% against the dollar and now trades at $24.58 or 0.00041131 BTC.
• NEAR Protocol (NEAR) traded 4.8% lower against the dollar and now trades at $4.51 or 0.00007544 BTC.
• Cronos (CRO) traded 3.9% lower against the dollar and now trades at $0.0816 or 0.00000136 BTC.
• Hedera (HBAR) traded 2.3% lower against the dollar and now trades at $0.0535 or 0.00000090 BTC.
• Cosmos (ATOM) traded down 3.3% against the dollar and now trades at $4.73 or 0.00007915 BTC.
• Fetch.ai (FET) traded down 5.9% against the dollar and now trades at $1.28 or 0.00002150 BTC.
• Algorand (ALGO) traded 2.4% lower against the dollar and now trades at $0.13 or 0.00000218 BTC.
• Akash Network (AKT) traded down 4.8% against the dollar and now trades at $2.73 or 0.00004558 BTC.
• Theta Fuel (TFUEL) traded 2.1% lower against the dollar and now trades at $0.0592 or 0.00000099 BTC.
• Kava (KAVA) traded 5% lower against the dollar and now trades at $0.32 or 0.00000541 BTC.

Internet Computer Coin Profile

ICP uses the hashing algorithm. Its genesis date was May 10th, 2021. Internet Computer’s total supply is 522,207,226 coins and its circulating supply is 469,270,002 coins. The Reddit community for Internet Computer is https://reddit.com/r/dfinity and the currency’s Github account can be viewed here. The official message board for Internet Computer is forum.dfinity.org. The official website for Internet Computer is internetcomputer.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 currently possible to buy alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to trade 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 aforementioned exchanges.

ICP/USD price chart by TradingView