Internet Computer (ICP) Reaches One Day Trading Volume of $174.70 Million

Internet Computer (ICP) traded 1% lower against the US dollar during the 24 hour period ending at 19:00 PM Eastern on May 6th. Internet Computer has a total market cap of $5.97 billion and $174.70 million worth of Internet Computer was traded on exchanges in the last 24 hours. One Internet Computer token can now be purchased for approximately $12.87 or 0.00020328 BTC on major cryptocurrency exchanges. Over the last seven days, Internet Computer has traded 5% lower against the US dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 0.5% against the dollar and now trades at $37.29 or 0.00058882 BTC.
• NEAR Protocol (NEAR) traded 2.2% lower against the dollar and now trades at $7.31 or 0.00011551 BTC.
• Hedera (HBAR) traded up 3.5% against the dollar and now trades at $0.11 or 0.00000180 BTC.
• Cosmos (ATOM) traded down 1% against the dollar and now trades at $9.21 or 0.00014549 BTC.
• Cronos (CRO) traded down 1.9% against the dollar and now trades at $0.13 or 0.00000205 BTC.
• Fetch.ai (FET) traded 0.7% higher against the dollar and now trades at $2.38 or 0.00003762 BTC.
• Algorand (ALGO) traded 1.6% lower against the dollar and now trades at $0.19 or 0.00000306 BTC.
• Akash Network (AKT) traded down 3% against the dollar and now trades at $4.75 or 0.00007480 BTC.
• Kava (KAVA) traded 2.8% lower against the dollar and now trades at $0.68 or 0.00001067 BTC.
• Theta Fuel (TFUEL) traded down 3.1% against the dollar and now trades at $0.11 or 0.00000168 BTC.

About Internet Computer

Internet Computer uses the hashing algorithm. It launched on May 10th, 2021. Internet Computer’s total supply is 518,297,532 tokens and its circulating supply is 463,526,089 tokens. Internet Computer’s official Twitter account is @dfinity and its Facebook page is accessible here. The official message board for Internet Computer 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. Internet Computer’s official website is internetcomputer.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 Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Internet Computer directly using U.S. dollars. Investors seeking to acquire Internet Computer should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Internet Computer using one of the exchanges listed above.

ICP/USD price chart by TradingView