Internet Computer (ICP) Price Tops $9.33 on Top Exchanges

Internet Computer (ICP) traded up 2.1% against the U.S. dollar during the 24-hour period ending at 14:00 PM E.T. on June 16th. One Internet Computer token can now be purchased for $9.33 or 0.00014002 BTC on major cryptocurrency exchanges. During the last week, Internet Computer has traded 14.9% lower against the U.S. dollar. Internet Computer has a market capitalization of $4.34 billion and $52.95 million worth of Internet Computer was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 0.8% lower against the dollar and now trades at $29.89 or 0.00044876 BTC.
• NEAR Protocol (NEAR) traded 0.3% higher against the dollar and now trades at $5.64 or 0.00008470 BTC.
• Hedera (HBAR) traded up 0.3% against the dollar and now trades at $0.0858 or 0.00000129 BTC.
• Cosmos (ATOM) traded up 0.6% against the dollar and now trades at $7.18 or 0.00010780 BTC.
• Cronos (CRO) traded down 2.4% against the dollar and now trades at $0.0988 or 0.00000148 BTC.
• Fetch.ai (FET) traded down 1.3% against the dollar and now trades at $1.46 or 0.00002194 BTC.
• Algorand (ALGO) traded 0.5% higher against the dollar and now trades at $0.15 or 0.00000232 BTC.
• Akash Network (AKT) traded down 3.1% against the dollar and now trades at $3.36 or 0.00005053 BTC.
• Kava (KAVA) traded down 0.3% against the dollar and now trades at $0.56 or 0.00000839 BTC.
• Theta Fuel (TFUEL) traded 1.3% higher against the dollar and now trades at $0.0803 or 0.00000121 BTC.

Internet Computer Token Profile

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 519,874,125 tokens and its circulating supply is 465,249,571 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. 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.

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 possible to buy alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to acquire Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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