Internet Computer Price Down 11.5% Over Last Week (ICP)

Internet Computer (ICP) traded 2.5% lower against the US dollar during the 24 hour period ending at 7:00 AM E.T. on May 9th. During the last seven days, Internet Computer has traded 11.5% lower against the US dollar. Internet Computer has a total market capitalization of $5.51 billion and approximately $111.19 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer token can now be purchased for approximately $11.88 or 0.00019480 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded down 1.3% against the dollar and now trades at $34.00 or 0.00055741 BTC.
• NEAR Protocol (NEAR) traded down 0.4% against the dollar and now trades at $7.12 or 0.00011673 BTC.
• Hedera (HBAR) traded 0.1% lower against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Cosmos (ATOM) traded up 0.3% against the dollar and now trades at $8.94 or 0.00014649 BTC.
• Cronos (CRO) traded 1.6% lower against the dollar and now trades at $0.12 or 0.00000203 BTC.
• Fetch.ai (FET) traded 3.5% lower against the dollar and now trades at $2.17 or 0.00003551 BTC.
• Algorand (ALGO) traded 0.4% lower against the dollar and now trades at $0.19 or 0.00000306 BTC.
• Akash Network (AKT) traded 7% higher against the dollar and now trades at $4.74 or 0.00007780 BTC.
• Theta Fuel (TFUEL) traded down 2.6% against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Kava (KAVA) traded 0.6% lower against the dollar and now trades at $0.65 or 0.00001063 BTC.

Internet Computer Profile

ICP uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 518,454,087 tokens and its circulating supply is 463,682,873 tokens. 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. 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 presently possible to purchase alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to trade Internet Computer should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView