Internet Computer (ICP) Tops 1-Day Trading Volume of $93.02 Million

Internet Computer (ICP) traded 3.6% higher against the U.S. dollar during the 24-hour period ending at 12:00 PM E.T. on October 23rd. Internet Computer has a total market cap of $3.88 billion and $93.02 million worth of Internet Computer was traded on exchanges in the last 24 hours. During the last week, Internet Computer has traded up 2.8% against the U.S. dollar. One Internet Computer coin can now be bought for about $8.20 or 0.00012384 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded down 4.2% against the dollar and now trades at $26.51 or 0.00040055 BTC.
• NEAR Protocol (NEAR) traded down 2.7% against the dollar and now trades at $4.55 or 0.00006879 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.0758 or 0.00000115 BTC.
• Hedera (HBAR) traded down 1.9% against the dollar and now trades at $0.0510 or 0.00000077 BTC.
• Cosmos (ATOM) traded 2.6% lower against the dollar and now trades at $4.61 or 0.00006968 BTC.
• Fetch.ai (FET) traded down 3.1% against the dollar and now trades at $1.31 or 0.00001982 BTC.
• Algorand (ALGO) traded down 2.9% against the dollar and now trades at $0.12 or 0.00000181 BTC.
• Akash Network (AKT) traded 0.1% lower against the dollar and now trades at $2.44 or 0.00003669 BTC.
• Theta Fuel (TFUEL) traded 3.2% lower against the dollar and now trades at $0.0585 or 0.00000088 BTC.
• Kava (KAVA) traded down 3.9% against the dollar and now trades at $0.35 or 0.00000522 BTC.

About Internet Computer

Internet Computer (CRYPTO:ICP) uses the hashing algorithm. Its genesis date was May 10th, 2021. Internet Computer’s total supply is 524,789,036 coins and its circulating supply is 473,140,353 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. Internet Computer’s official message board 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.”

Buying and Selling Internet Computer

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

ICP/USD price chart by TradingView