Internet Computer Price Tops $13.45 on Top Exchanges (ICP)

Internet Computer (ICP) traded up 3.3% against the US dollar during the 24 hour period ending at 7:00 AM ET on May 4th. In the last week, Internet Computer has traded up 4.3% against the US dollar. One Internet Computer token can currently be purchased for approximately $13.45 or 0.00020950 BTC on exchanges. Internet Computer has a total market capitalization of $6.23 billion and approximately $126.98 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 up 7.2% against the dollar and now trades at $35.96 or 0.00056005 BTC.
  • NEAR Protocol (NEAR) traded 11.9% higher against the dollar and now trades at $6.90 or 0.00010750 BTC.
  • Hedera (HBAR) traded up 6.6% against the dollar and now trades at $0.11 or 0.00000171 BTC.
  • Cronos (CRO) traded 5.4% higher against the dollar and now trades at $0.13 or 0.00000210 BTC.
  • Cosmos (ATOM) traded up 1% against the dollar and now trades at $8.79 or 0.00013696 BTC.
  • Fetch.ai (FET) traded 13.2% higher against the dollar and now trades at $2.23 or 0.00003475 BTC.
  • Algorand (ALGO) traded 6.4% higher against the dollar and now trades at $0.19 or 0.00000301 BTC.
  • Akash Network (AKT) traded up 8.8% against the dollar and now trades at $4.37 or 0.00006798 BTC.
  • Kava (KAVA) traded up 4.2% against the dollar and now trades at $0.69 or 0.00001072 BTC.
  • Theta Fuel (TFUEL) traded up 10% against the dollar and now trades at $0.11 or 0.00000169 BTC.

Internet Computer Profile

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 518,221,448 tokens and its circulating supply is 463,449,822 tokens. 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.

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