Internet Computer (ICP) Price Down 25.5% This Week

Internet Computer (ICP) traded down 2.5% against the US dollar during the 1 day period ending at 14:00 PM E.T. on April 16th. During the last week, Internet Computer has traded down 25.5% against the US dollar. One Internet Computer token can now be purchased for about $12.15 or 0.00019351 BTC on popular exchanges. Internet Computer has a total market capitalization of $5.62 billion and $181.07 million worth of Internet Computer was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 3.6% against the dollar and now trades at $34.35 or 0.00054700 BTC.
• NEAR Protocol (NEAR) traded 2.6% higher against the dollar and now trades at $5.36 or 0.00008533 BTC.
• Cronos (CRO) traded 0.6% lower against the dollar and now trades at $0.13 or 0.00000200 BTC.
• Cosmos (ATOM) traded 0.7% lower against the dollar and now trades at $8.10 or 0.00012893 BTC.
• Hedera (HBAR) traded down 0.8% against the dollar and now trades at $0.0797 or 0.00000127 BTC.
• Fetch.ai (FET) traded down 3.3% against the dollar and now trades at $2.02 or 0.00003219 BTC.
• Algorand (ALGO) traded up 0.6% against the dollar and now trades at $0.17 or 0.00000275 BTC.
• Akash Network (AKT) traded down 3.8% against the dollar and now trades at $3.59 or 0.00005704 BTC.
• Kava (KAVA) traded up 0.2% against the dollar and now trades at $0.64 or 0.00001021 BTC.
• Theta Fuel (TFUEL) traded down 3.6% against the dollar and now trades at $0.0843 or 0.00000134 BTC.

Internet Computer Profile

Internet Computer uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 517,739,779 tokens and its circulating supply is 462,718,113 tokens. The official website for Internet Computer is internetcomputer.org. The official message board for Internet Computer 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.

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 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, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Internet Computer using one of the aforementioned exchanges.

ICP/USD price chart by TradingView