Internet Computer (ICP) One Day Trading Volume Tops $71.94 Million

Internet Computer (ICP) traded down 3.2% against the US dollar during the 24 hour period ending at 16:00 PM ET on October 21st. One Internet Computer coin can currently be purchased for approximately $8.02 or 0.00011847 BTC on exchanges. In the last week, Internet Computer has traded down 4.5% against the US dollar. Internet Computer has a total market capitalization of $3.79 billion and approximately $71.94 million worth of Internet Computer was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $27.86 or 0.00041173 BTC.
• NEAR Protocol (NEAR) traded 1.7% lower against the dollar and now trades at $4.83 or 0.00007138 BTC.
• Cronos (CRO) traded down 1% against the dollar and now trades at $0.0780 or 0.00000115 BTC.
• Hedera (HBAR) traded 3.5% lower against the dollar and now trades at $0.0534 or 0.00000079 BTC.
• Cosmos (ATOM) traded up 6.1% against the dollar and now trades at $4.91 or 0.00007258 BTC.
• Fetch.ai (FET) traded 3.5% lower against the dollar and now trades at $1.40 or 0.00002067 BTC.
• Algorand (ALGO) traded 2.1% lower against the dollar and now trades at $0.13 or 0.00000187 BTC.
• Akash Network (AKT) traded down 2.3% against the dollar and now trades at $2.49 or 0.00003678 BTC.
• Theta Fuel (TFUEL) traded down 2.3% against the dollar and now trades at $0.0614 or 0.00000091 BTC.
• Kava (KAVA) traded down 3.2% against the dollar and now trades at $0.37 or 0.00000545 BTC.

Internet Computer Profile

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 524,697,592 coins and its circulating supply is 472,588,909 coins. The official message board for Internet Computer is forum.dfinity.org. Internet Computer’s official website 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.

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 buy alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to trade Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView