Internet Computer (ICP) Hits Self Reported Market Cap of $3.87 Billion

Internet Computer (ICP) traded up 0.2% against the dollar during the 24 hour period ending at 10:00 AM Eastern on June 22nd. In the last seven days, Internet Computer has traded down 9.6% against the dollar. One Internet Computer token can now be bought for about $8.33 or 0.00012942 BTC on major cryptocurrency exchanges. Internet Computer has a market cap of $3.87 billion and approximately $46.39 million worth of Internet Computer was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

  • Avalanche (AVAX) traded down 6.4% against the dollar and now trades at $25.83 or 0.00040154 BTC.
  • NEAR Protocol (NEAR) traded 1.5% lower against the dollar and now trades at $5.24 or 0.00008145 BTC.
  • Hedera (HBAR) traded 2.4% lower against the dollar and now trades at $0.0784 or 0.00000122 BTC.
  • Cosmos (ATOM) traded 1.4% lower against the dollar and now trades at $6.79 or 0.00010551 BTC.
  • Cronos (CRO) traded down 0.4% against the dollar and now trades at $0.0935 or 0.00000145 BTC.
  • Fetch.ai (FET) traded down 5.1% against the dollar and now trades at $1.47 or 0.00002289 BTC.
  • Algorand (ALGO) traded 3.3% lower against the dollar and now trades at $0.14 or 0.00000211 BTC.
  • Akash Network (AKT) traded 0% lower against the dollar and now trades at $2.97 or 0.00004624 BTC.
  • Kava (KAVA) traded down 1.4% against the dollar and now trades at $0.46 or 0.00000719 BTC.
  • Theta Fuel (TFUEL) traded up 0.2% against the dollar and now trades at $0.0730 or 0.00000113 BTC.

Internet Computer Profile

ICP uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 520,014,966 tokens and its circulating supply is 465,390,522 tokens. 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. 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.

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 possible to buy alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to trade Internet Computer should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Internet Computer using one of the aforementioned exchanges.

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