Internet Computer Achieves Self Reported Market Capitalization of $3.50 Billion (ICP)

Internet Computer (ICP) traded 4% higher against the US dollar during the twenty-four hour period ending at 15:00 PM E.T. on November 5th. Over the last week, Internet Computer has traded down 8.6% against the US dollar. One Internet Computer coin can currently be purchased for approximately $7.39 or 0.00010569 BTC on exchanges. Internet Computer has a total market cap of $3.50 billion and $60.15 million worth of Internet Computer was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 5.1% higher against the dollar and now trades at $24.15 or 0.00034558 BTC.
• NEAR Protocol (NEAR) traded up 5.3% against the dollar and now trades at $3.82 or 0.00005471 BTC.
• Fetch.ai (FET) traded up 10.5% against the dollar and now trades at $1.25 or 0.00001786 BTC.
• Cronos (CRO) traded up 2.4% against the dollar and now trades at $0.0726 or 0.00000104 BTC.
• Hedera (HBAR) traded 6.7% higher against the dollar and now trades at $0.0457 or 0.00000065 BTC.
• Cosmos (ATOM) traded up 6.1% against the dollar and now trades at $4.17 or 0.00005967 BTC.
• Algorand (ALGO) traded 5.4% higher against the dollar and now trades at $0.11 or 0.00000165 BTC.
• Akash Network (AKT) traded 6.5% higher against the dollar and now trades at $2.30 or 0.00003289 BTC.
• Theta Fuel (TFUEL) traded up 4% against the dollar and now trades at $0.0513 or 0.00000073 BTC.
• Kava (KAVA) traded 4.7% higher against the dollar and now trades at $0.31 or 0.00000448 BTC.

About Internet Computer

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 525,005,176 coins and its circulating supply is 473,907,944 coins. Internet Computer’s official message board is forum.dfinity.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. Internet Computer’s official website is internetcomputer.org. The Reddit community for Internet Computer is https://reddit.com/r/dfinity and the currency’s Github account can be viewed 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.”

Buying and Selling Internet Computer

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

ICP/USD price chart by TradingView