Internet Computer Trading 11% Lower Over Last 7 Days (ICP)

Internet Computer (ICP) traded down 7.5% against the US dollar during the 1-day period ending at 21:00 PM ET on October 1st. Internet Computer has a total market capitalization of $3.98 billion and $103.75 million worth of Internet Computer was traded on exchanges in the last 24 hours. Over the last seven days, Internet Computer has traded 11% lower against the US dollar. One Internet Computer coin can now be purchased for $8.43 or 0.00013739 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Avalanche (AVAX) traded 7% lower against the dollar and now trades at $26.15 or 0.00042603 BTC.
  • NEAR Protocol (NEAR) traded 8.5% lower against the dollar and now trades at $4.90 or 0.00007990 BTC.
  • Cronos (CRO) traded 4.3% lower against the dollar and now trades at $0.0807 or 0.00000131 BTC.
  • Hedera (HBAR) traded 8.3% lower against the dollar and now trades at $0.0533 or 0.00000087 BTC.
  • Cosmos (ATOM) traded down 6.3% against the dollar and now trades at $4.48 or 0.00007293 BTC.
  • Fetch.ai (FET) traded 3.9% lower against the dollar and now trades at $1.51 or 0.00002458 BTC.
  • Algorand (ALGO) traded down 8.2% against the dollar and now trades at $0.12 or 0.00000204 BTC.
  • Akash Network (AKT) traded 5.7% lower against the dollar and now trades at $2.61 or 0.00004301 BTC.
  • Theta Fuel (TFUEL) traded 7.4% lower against the dollar and now trades at $0.0621 or 0.00000101 BTC.
  • Kava (KAVA) traded down 7.3% against the dollar and now trades at $0.34 or 0.00000555 BTC.

About Internet Computer

Internet Computer uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 523,703,779 coins and its circulating supply is 471,599,139 coins. 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. Internet Computer’s official website is internetcomputer.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 acquire Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Internet Computer using one of the aforementioned exchanges.

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