Internet Computer (ICP) Price Tops $12.32 on Exchanges

Internet Computer (ICP) traded up 2.1% against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on May 9th. During the last seven days, Internet Computer has traded down 8.9% against the U.S. dollar. Internet Computer has a market capitalization of $5.71 billion and approximately $113.92 million worth of Internet Computer was traded on exchanges in the last day. One Internet Computer token can currently be bought for about $12.32 or 0.00019493 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 4.1% against the dollar and now trades at $35.25 or 0.00055780 BTC.
• NEAR Protocol (NEAR) traded 9.3% higher against the dollar and now trades at $7.45 or 0.00011796 BTC.
• Hedera (HBAR) traded 5.7% higher against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Cosmos (ATOM) traded 0.7% higher against the dollar and now trades at $9.12 or 0.00014428 BTC.
• Cronos (CRO) traded 2% higher against the dollar and now trades at $0.13 or 0.00000202 BTC.
• Fetch.ai (FET) traded up 6.6% against the dollar and now trades at $2.30 or 0.00003638 BTC.
• Algorand (ALGO) traded up 3.8% against the dollar and now trades at $0.19 or 0.00000307 BTC.
• Akash Network (AKT) traded 21.2% higher against the dollar and now trades at $5.20 or 0.00008303 BTC.
• Kava (KAVA) traded up 3.1% against the dollar and now trades at $0.67 or 0.00001064 BTC.
• Theta Fuel (TFUEL) traded 2.1% higher against the dollar and now trades at $0.11 or 0.00000175 BTC.

Internet Computer Profile

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 518,465,048 tokens and its circulating supply is 463,693,511 tokens. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. 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. Internet Computer’s official message board is forum.dfinity.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 Token Trading

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 Gemini, GDAX or Changelly. 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