Internet Computer Price Down 17.9% This Week (ICP)

Internet Computer (ICP) traded up 10% against the dollar during the 1 day period ending at 20:00 PM Eastern on April 18th. During the last seven days, Internet Computer has traded 17.9% lower against the dollar. Internet Computer has a market capitalization of $5.92 billion and $142.44 million worth of Internet Computer was traded on exchanges in the last day. One Internet Computer token can now be purchased for approximately $12.78 or 0.00020243 BTC on cryptocurrency exchanges.

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

  • Avalanche (AVAX) traded 5.3% higher against the dollar and now trades at $34.70 or 0.00054963 BTC.
  • NEAR Protocol (NEAR) traded up 8.4% against the dollar and now trades at $5.73 or 0.00009078 BTC.
  • Cronos (CRO) traded 2% higher against the dollar and now trades at $0.12 or 0.00000194 BTC.
  • Cosmos (ATOM) traded 3.2% higher against the dollar and now trades at $8.17 or 0.00012937 BTC.
  • Hedera (HBAR) traded up 6% against the dollar and now trades at $0.0819 or 0.00000130 BTC.
  • Fetch.ai (FET) traded 4.3% higher against the dollar and now trades at $2.04 or 0.00003227 BTC.
  • Algorand (ALGO) traded up 5.3% against the dollar and now trades at $0.17 or 0.00000276 BTC.
  • Akash Network (AKT) traded 3.7% higher against the dollar and now trades at $3.89 or 0.00006129 BTC.
  • Kava (KAVA) traded up 5.6% against the dollar and now trades at $0.67 or 0.00001058 BTC.
  • Theta Fuel (TFUEL) traded up 3.9% against the dollar and now trades at $0.0865 or 0.00000137 BTC.

Internet Computer Token Profile

Internet Computer uses the hashing algorithm. It was first traded on May 10th, 2021. Internet Computer’s total supply is 517,754,020 tokens and its circulating supply is 462,883,323 tokens. 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. Internet Computer’s official message board 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.”

Buying and Selling Internet Computer

It is usually not 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Internet Computer using one of the exchanges listed above.

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