Internet Computer (ICP) Trading Down 20.4% Over Last 7 Days

Internet Computer (ICP) traded down 5.5% against the US dollar during the twenty-four hour period ending at 19:00 PM E.T. on August 4th. Internet Computer has a total market cap of $3.45 billion and approximately $80.51 million worth of Internet Computer was traded on exchanges in the last day. One Internet Computer coin can now be bought for $7.39 or 0.00012642 BTC on exchanges. Over the last week, Internet Computer has traded down 20.4% against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 5.6% lower against the dollar and now trades at $21.39 or 0.00036610 BTC.
• NEAR Protocol (NEAR) traded down 4.8% against the dollar and now trades at $4.14 or 0.00007082 BTC.
• Cronos (CRO) traded 4.7% lower against the dollar and now trades at $0.0779 or 0.00000133 BTC.
• Hedera (HBAR) traded 4% lower against the dollar and now trades at $0.0555 or 0.00000095 BTC.
• Cosmos (ATOM) traded 0.8% lower against the dollar and now trades at $5.08 or 0.00008691 BTC.
• Fetch.ai (FET) traded 7.2% lower against the dollar and now trades at $0.93 or 0.00001585 BTC.
• Algorand (ALGO) traded down 4.2% against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Akash Network (AKT) traded down 9.7% against the dollar and now trades at $2.19 or 0.00003728 BTC.
• Theta Fuel (TFUEL) traded 8.8% lower against the dollar and now trades at $0.0523 or 0.00000089 BTC.
• Kava (KAVA) traded 6.5% lower against the dollar and now trades at $0.31 or 0.00000533 BTC.

Internet Computer Profile

Internet Computer (ICP) uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 521,428,606 coins and its circulating supply is 467,239,327 coins. Internet Computer’s official message board is forum.dfinity.org. 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 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 Coin Trading

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView