Internet Computer Trading 3.1% Lower Over Last Week (ICP)

Internet Computer (ICP) traded up 3.9% against the US dollar during the twenty-four hour period ending at 14:00 PM ET on May 2nd. Internet Computer has a market cap of $6.20 billion and approximately $151.46 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer token can currently be bought for approximately $13.39 or 0.00022687 BTC on major exchanges. In the last seven days, Internet Computer has traded 3.1% lower against the US dollar.

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

• Avalanche (AVAX) traded up 2.9% against the dollar and now trades at $33.69 or 0.00057096 BTC.
• NEAR Protocol (NEAR) traded 0.2% lower against the dollar and now trades at $6.10 or 0.00010337 BTC.
• Hedera (HBAR) traded 4% lower against the dollar and now trades at $0.0985 or 0.00000167 BTC.
• Cronos (CRO) traded 2.6% higher against the dollar and now trades at $0.13 or 0.00000216 BTC.
• Cosmos (ATOM) traded 3.8% higher against the dollar and now trades at $8.61 or 0.00014584 BTC.
• Fetch.ai (FET) traded up 0.6% against the dollar and now trades at $1.99 or 0.00003377 BTC.
• Algorand (ALGO) traded up 2% against the dollar and now trades at $0.18 or 0.00000307 BTC.
• Akash Network (AKT) traded 4.6% higher against the dollar and now trades at $4.22 or 0.00007139 BTC.
• Kava (KAVA) traded up 3% against the dollar and now trades at $0.66 or 0.00001110 BTC.
• Theta Fuel (TFUEL) traded up 3.4% against the dollar and now trades at $0.10 or 0.00000173 BTC.

About Internet Computer

Internet Computer uses the hashing algorithm. Its genesis date was May 10th, 2021. Internet Computer’s total supply is 518,211,666 tokens and its circulating supply is 463,440,173 tokens. The official website for Internet Computer 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. 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.”

Internet Computer Token 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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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