Internet Computer Reaches Self Reported Market Capitalization of $6.26 Billion (ICP)

Internet Computer (ICP) traded up 4.4% against the U.S. dollar during the 1-day period ending at 7:00 AM ET on May 6th. One Internet Computer token can now be bought for $13.51 or 0.00021068 BTC on popular cryptocurrency exchanges. Over the last week, Internet Computer has traded up 2.2% against the U.S. dollar. Internet Computer has a total market cap of $6.26 billion and $134.96 million worth of Internet Computer was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded up 4.8% against the dollar and now trades at $38.59 or 0.00060162 BTC.
• NEAR Protocol (NEAR) traded up 5.9% against the dollar and now trades at $7.38 or 0.00011507 BTC.
• Hedera (HBAR) traded up 7.8% against the dollar and now trades at $0.12 or 0.00000185 BTC.
• Cosmos (ATOM) traded 6.7% higher against the dollar and now trades at $9.37 or 0.00014609 BTC.
• Cronos (CRO) traded 0.6% higher against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Fetch.ai (FET) traded 9.5% higher against the dollar and now trades at $2.41 or 0.00003756 BTC.
• Algorand (ALGO) traded 1% higher against the dollar and now trades at $0.20 or 0.00000310 BTC.
• Akash Network (AKT) traded 6.5% higher against the dollar and now trades at $4.95 or 0.00007686 BTC.
• Kava (KAVA) traded 1.7% higher against the dollar and now trades at $0.69 or 0.00001079 BTC.
• Theta Fuel (TFUEL) traded 3.1% higher against the dollar and now trades at $0.11 or 0.00000172 BTC.

Internet Computer Token Profile

Internet Computer (ICP) uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 518,231,511 tokens and its circulating supply is 463,459,924 tokens. Internet Computer’s official website is internetcomputer.org. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. 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.

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 Token Trading

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

ICP/USD price chart by TradingView

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