Internet Computer (ICP) Trading Down 6.7% Over Last Week

Internet Computer (ICP) traded down 0.2% against the dollar during the 24 hour period ending at 8:00 AM ET on November 1st. Internet Computer has a total market capitalization of $3.74 billion and approximately $63.53 million worth of Internet Computer was traded on exchanges in the last day. In the last week, Internet Computer has traded 6.7% lower against the dollar. One Internet Computer coin can now be bought for approximately $7.91 or 0.00011286 BTC on exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 2.2% lower against the dollar and now trades at $25.14 or 0.00035858 BTC.
• NEAR Protocol (NEAR) traded down 5.1% against the dollar and now trades at $4.01 or 0.00005713 BTC.
• Fetch.ai (FET) traded down 2% against the dollar and now trades at $1.28 or 0.00001823 BTC.
• Cronos (CRO) traded down 1.3% against the dollar and now trades at $0.0736 or 0.00000105 BTC.
• Hedera (HBAR) traded 1.7% lower against the dollar and now trades at $0.0464 or 0.00000066 BTC.
• Cosmos (ATOM) traded 3.2% lower against the dollar and now trades at $4.22 or 0.00006014 BTC.
• Algorand (ALGO) traded down 1.6% against the dollar and now trades at $0.12 or 0.00000164 BTC.
• Akash Network (AKT) traded 1.8% lower against the dollar and now trades at $2.40 or 0.00003424 BTC.
• Kava (KAVA) traded down 3.3% against the dollar and now trades at $0.33 or 0.00000466 BTC.
• Theta Fuel (TFUEL) traded down 3.1% against the dollar and now trades at $0.0522 or 0.00000074 BTC.

Internet Computer Coin Profile

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. Its genesis date was May 10th, 2021. Internet Computer’s total supply is 524,868,863 coins and its circulating supply is 473,221,200 coins. Internet Computer’s official message board 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 Twitter account is @dfinity and its Facebook page is accessible here. 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.”

Buying and Selling Internet Computer

It is usually not currently 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 GDAX, Changelly or Coinbase. 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