Internet Computer (ICP) Achieves Self Reported Market Capitalization of $3.29 Billion

Internet Computer (ICP) traded down 7% against the US dollar during the 1-day period ending at 16:00 PM ET on August 5th. One Internet Computer coin can currently be purchased for about $7.02 or 0.00013055 BTC on major cryptocurrency exchanges. Internet Computer has a total market cap of $3.29 billion and approximately $218.44 million worth of Internet Computer was traded on exchanges in the last day. In the last seven days, Internet Computer has traded 22.7% lower against the US dollar.

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

• Avalanche (AVAX) traded down 10.9% against the dollar and now trades at $19.46 or 0.00036178 BTC.
• NEAR Protocol (NEAR) traded 17.5% lower against the dollar and now trades at $3.48 or 0.00006472 BTC.
• Cronos (CRO) traded down 6.4% against the dollar and now trades at $0.0739 or 0.00000137 BTC.
• Hedera (HBAR) traded down 6.9% against the dollar and now trades at $0.0521 or 0.00000097 BTC.
• Cosmos (ATOM) traded 8.5% lower against the dollar and now trades at $4.64 or 0.00008617 BTC.
• Algorand (ALGO) traded 5.1% lower against the dollar and now trades at $0.11 or 0.00000204 BTC.
• Fetch.ai (FET) traded 17.3% lower against the dollar and now trades at $0.79 or 0.00001467 BTC.
• Akash Network (AKT) traded 7.1% lower against the dollar and now trades at $2.10 or 0.00003977 BTC.
• Theta Fuel (TFUEL) traded down 6.4% against the dollar and now trades at $0.0498 or 0.00000093 BTC.
• Kava (KAVA) traded 11.9% lower against the dollar and now trades at $0.28 or 0.00000520 BTC.

About Internet Computer

ICP uses the hashing algorithm. Its genesis date was May 10th, 2021. Internet Computer’s total supply is 521,433,734 coins and its circulating supply is 468,144,335 coins. The official message board for Internet Computer is forum.dfinity.org. 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 website 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.”

Internet Computer Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to acquire Internet Computer should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. 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