Internet Computer Self Reported Market Cap Reaches $3.46 Billion (ICP)

Internet Computer (ICP) traded 3.1% lower against the U.S. dollar during the 1-day period ending at 8:00 AM E.T. on February 22nd. One Internet Computer coin can currently be purchased for $7.18 or 0.00007418 BTC on cryptocurrency exchanges. During the last week, Internet Computer has traded up 0.4% against the U.S. dollar. Internet Computer has a market capitalization of $3.46 billion and $91.32 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 2% lower against the dollar and now trades at $25.60 or 0.00026438 BTC.
• Hedera (HBAR) traded down 5.3% against the dollar and now trades at $0.22 or 0.00000223 BTC.
• NEAR Protocol (NEAR) traded 0.9% lower against the dollar and now trades at $3.58 or 0.00003697 BTC.
• Cronos (CRO) traded 2.5% lower against the dollar and now trades at $0.0857 or 0.00000089 BTC.
• Algorand (ALGO) traded 6.6% lower against the dollar and now trades at $0.27 or 0.00000276 BTC.
• Fetch.ai (FET) traded 2% lower against the dollar and now trades at $0.80 or 0.00000826 BTC.
• Cosmos (ATOM) traded 3.7% lower against the dollar and now trades at $4.86 or 0.00005022 BTC.
• Akash Network (AKT) traded 6.1% lower against the dollar and now trades at $1.81 or 0.00001872 BTC.
• Kava (KAVA) traded 5.6% lower against the dollar and now trades at $0.43 or 0.00000449 BTC.
• Theta Fuel (TFUEL) traded down 2.3% against the dollar and now trades at $0.0492 or 0.00000051 BTC.

Internet Computer Coin Profile

ICP uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 530,116,759 coins and its circulating supply is 481,235,404 coins. The official website for Internet Computer is internetcomputer.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. 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 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.”

Buying and Selling Internet Computer

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