Internet Computer (ICP) Reaches Self Reported Market Cap of $3.67 Billion

Internet Computer (ICP) traded 4.8% higher against the dollar during the twenty-four hour period ending at 16:00 PM ET on November 6th. One Internet Computer coin can now be purchased for approximately $7.75 or 0.00010225 BTC on exchanges. Over the last week, Internet Computer has traded 4.6% lower against the dollar. Internet Computer has a total market capitalization of $3.67 billion and $145.08 million worth of Internet Computer was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded up 10.9% against the dollar and now trades at $26.57 or 0.00035054 BTC.
• NEAR Protocol (NEAR) traded 9.5% higher against the dollar and now trades at $4.19 or 0.00005528 BTC.
• Fetch.ai (FET) traded up 13.7% against the dollar and now trades at $1.41 or 0.00001855 BTC.
• Cronos (CRO) traded 16.6% higher against the dollar and now trades at $0.0845 or 0.00000112 BTC.
• Hedera (HBAR) traded up 5.9% against the dollar and now trades at $0.0486 or 0.00000064 BTC.
• Cosmos (ATOM) traded up 6.9% against the dollar and now trades at $4.45 or 0.00005872 BTC.
• Algorand (ALGO) traded 5.2% higher against the dollar and now trades at $0.12 or 0.00000159 BTC.
• Akash Network (AKT) traded up 4% against the dollar and now trades at $2.40 or 0.00003170 BTC.
• Kava (KAVA) traded up 9.7% against the dollar and now trades at $0.34 or 0.00000450 BTC.
• Theta Fuel (TFUEL) traded 6.8% higher against the dollar and now trades at $0.0544 or 0.00000072 BTC.

Internet Computer Profile

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. Its launch date was May 10th, 2021. Internet Computer’s total supply is 525,018,806 coins and its circulating supply is 473,922,036 coins. 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. The official message board for Internet Computer 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.”

Internet Computer Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Internet Computer directly using US dollars. Investors seeking to trade Internet Computer should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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