Internet Computer (ICP) Price Tops $7.85

Internet Computer (ICP) traded 3.6% lower against the U.S. dollar during the 1-day period ending at 19:00 PM ET on October 31st. Over the last week, Internet Computer has traded 5.1% lower against the U.S. dollar. One Internet Computer coin can now be bought for approximately $7.85 or 0.00011135 BTC on exchanges. Internet Computer has a market cap of $3.72 billion and approximately $58.49 million worth of Internet Computer was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 4.3% lower against the dollar and now trades at $25.14 or 0.00035654 BTC.
• NEAR Protocol (NEAR) traded down 6.4% against the dollar and now trades at $4.06 or 0.00005764 BTC.
• Fetch.ai (FET) traded down 0.3% against the dollar and now trades at $1.30 or 0.00001842 BTC.
• Cronos (CRO) traded 3.5% lower against the dollar and now trades at $0.0731 or 0.00000104 BTC.
• Hedera (HBAR) traded down 4.9% against the dollar and now trades at $0.0464 or 0.00000066 BTC.
• Cosmos (ATOM) traded down 4.9% against the dollar and now trades at $4.24 or 0.00006018 BTC.
• Algorand (ALGO) traded down 5.3% against the dollar and now trades at $0.11 or 0.00000163 BTC.
• Akash Network (AKT) traded 6.4% lower against the dollar and now trades at $2.35 or 0.00003339 BTC.
• Kava (KAVA) traded 6.9% lower against the dollar and now trades at $0.33 or 0.00000464 BTC.
• Theta Fuel (TFUEL) traded down 5% against the dollar and now trades at $0.0524 or 0.00000074 BTC.

About Internet Computer

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 524,867,370 coins and its circulating supply is 473,219,697 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 message board is forum.dfinity.org. Internet Computer’s official website 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.”

Internet Computer Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to trade Internet Computer should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView