Internet Computer 24-Hour Trading Volume Tops $104.82 Million (ICP)

Internet Computer (ICP) traded down 3.5% against the US dollar during the twenty-four hour period ending at 19:00 PM ET on May 4th. Over the last seven days, Internet Computer has traded 0.1% lower against the US dollar. Internet Computer has a total market cap of $6.10 billion and $104.82 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer token can now be purchased for approximately $13.17 or 0.00020667 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 4.5% higher against the dollar and now trades at $37.18 or 0.00058364 BTC.
• NEAR Protocol (NEAR) traded 0.4% lower against the dollar and now trades at $6.87 or 0.00010782 BTC.
• Hedera (HBAR) traded 2.8% lower against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Cronos (CRO) traded 0.5% lower against the dollar and now trades at $0.13 or 0.00000209 BTC.
• Cosmos (ATOM) traded down 1.3% against the dollar and now trades at $8.69 or 0.00013633 BTC.
• Fetch.ai (FET) traded down 0.5% against the dollar and now trades at $2.16 or 0.00003394 BTC.
• Algorand (ALGO) traded 0.1% higher against the dollar and now trades at $0.19 or 0.00000303 BTC.
• Akash Network (AKT) traded down 2% against the dollar and now trades at $4.29 or 0.00006730 BTC.
• Kava (KAVA) traded 0.5% lower against the dollar and now trades at $0.68 or 0.00001071 BTC.
• Theta Fuel (TFUEL) traded up 4.1% against the dollar and now trades at $0.11 or 0.00000173 BTC.

About Internet Computer

ICP uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 518,223,147 tokens and its circulating supply is 463,451,560 tokens. The Reddit community for Internet Computer is https://reddit.com/r/dfinity and the currency’s Github account can be viewed here. The official website for Internet Computer is internetcomputer.org. The official message board for Internet Computer 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.”

Internet Computer Token Trading

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

ICP/USD price chart by TradingView