Internet Computer (ICP) Price Hits $7.87 on Major Exchanges

Internet Computer (ICP) traded 4.3% lower against the US dollar during the 24 hour period ending at 11:00 AM Eastern on October 3rd. One Internet Computer coin can currently be purchased for about $7.87 or 0.00013059 BTC on exchanges. During the last week, Internet Computer has traded down 16.8% against the US dollar. Internet Computer has a market capitalization of $3.71 billion and approximately $94.73 million worth of Internet Computer was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 7.1% lower against the dollar and now trades at $24.13 or 0.00040056 BTC.
• NEAR Protocol (NEAR) traded down 4.9% against the dollar and now trades at $4.56 or 0.00007570 BTC.
• Cronos (CRO) traded 3% lower against the dollar and now trades at $0.0778 or 0.00000129 BTC.
• Hedera (HBAR) traded 5.3% lower against the dollar and now trades at $0.0505 or 0.00000084 BTC.
• Cosmos (ATOM) traded down 3.7% against the dollar and now trades at $4.30 or 0.00007133 BTC.
• Fetch.ai (FET) traded down 6.6% against the dollar and now trades at $1.37 or 0.00002271 BTC.
• Algorand (ALGO) traded down 2.5% against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Akash Network (AKT) traded down 5.3% against the dollar and now trades at $2.42 or 0.00004018 BTC.
• Theta Fuel (TFUEL) traded down 2.7% against the dollar and now trades at $0.0589 or 0.00000098 BTC.
• Kava (KAVA) traded down 7.4% against the dollar and now trades at $0.31 or 0.00000511 BTC.

Internet Computer Coin Profile

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. Its genesis date was May 10th, 2021. Internet Computer’s total supply is 523,712,607 coins and its circulating supply is 471,608,007 coins. Internet Computer’s official message board is forum.dfinity.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. The official website for Internet Computer 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.”

Internet Computer Coin Trading

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