Internet Computer (ICP) Price Hits $7.06 on Exchanges

Internet Computer (ICP) traded 1.1% higher against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on February 10th. Internet Computer has a total market cap of $3.39 billion and approximately $86.95 million worth of Internet Computer was traded on exchanges in the last day. Over the last seven days, Internet Computer has traded up 2.8% against the U.S. dollar. One Internet Computer coin can now be purchased for about $7.06 or 0.00007261 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded up 1.4% against the dollar and now trades at $25.31 or 0.00026019 BTC.
• Hedera (HBAR) traded 1.1% higher against the dollar and now trades at $0.24 or 0.00000243 BTC.
• NEAR Protocol (NEAR) traded down 2.8% against the dollar and now trades at $3.21 or 0.00003302 BTC.
• Cronos (CRO) traded 2.5% lower against the dollar and now trades at $0.0926 or 0.00000095 BTC.
• Algorand (ALGO) traded up 4% against the dollar and now trades at $0.29 or 0.00000295 BTC.
• Fetch.ai (FET) traded up 1.9% against the dollar and now trades at $0.77 or 0.00000796 BTC.
• Cosmos (ATOM) traded 1.4% higher against the dollar and now trades at $4.68 or 0.00004811 BTC.
• Kava (KAVA) traded 2.3% higher against the dollar and now trades at $0.48 or 0.00000489 BTC.
• Akash Network (AKT) traded 2.9% lower against the dollar and now trades at $1.93 or 0.00001981 BTC.
• Theta Fuel (TFUEL) traded up 18.2% against the dollar and now trades at $0.0558 or 0.00000057 BTC.

Internet Computer Coin Profile

Internet Computer (ICP) uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 529,702,704 coins and its circulating supply is 480,554,461 coins. The Reddit community for Internet Computer is https://reddit.com/r/dfinity and the currency’s Github account can be viewed here. Internet Computer’s official message board 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.

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 Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView