Internet Computer Self Reported Market Cap Achieves $5.67 Billion (ICP)

Internet Computer (ICP) traded down 5.4% against the US dollar during the one day period ending at 7:00 AM E.T. on May 8th. In the last week, Internet Computer has traded down 2.6% against the US dollar. Internet Computer has a total market capitalization of $5.67 billion and approximately $98.37 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer token can currently be purchased for about $12.23 or 0.00019603 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 6.3% lower against the dollar and now trades at $34.66 or 0.00055538 BTC.
• NEAR Protocol (NEAR) traded 5.4% lower against the dollar and now trades at $7.18 or 0.00011503 BTC.
• Hedera (HBAR) traded down 5.3% against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cosmos (ATOM) traded 3.8% lower against the dollar and now trades at $8.90 or 0.00014264 BTC.
• Cronos (CRO) traded down 4.7% against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Fetch.ai (FET) traded 8.8% lower against the dollar and now trades at $2.27 or 0.00003633 BTC.
• Algorand (ALGO) traded 3.6% lower against the dollar and now trades at $0.19 or 0.00000303 BTC.
• Akash Network (AKT) traded 6.4% lower against the dollar and now trades at $4.42 or 0.00007090 BTC.
• Theta Fuel (TFUEL) traded 0.2% higher against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Kava (KAVA) traded down 2.7% against the dollar and now trades at $0.66 or 0.00001055 BTC.

About Internet Computer

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 518,416,440 tokens and its circulating supply is 463,644,904 tokens. 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. 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.

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 purchase alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to acquire Internet Computer should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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

new TradingView.widget( { “autosize”: true, “symbol”: “ICPUSD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “light”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “allow_symbol_change”: true, “container_id”: “tradingview_ca32a”} );