Today: 2021-10-26 Disclaimer: This is not a financial advice

Is it a Good Time to Buy Internet Computer Right Now?

Current Price
$47.93
All Time High: $700.65

Internet Computer is down -93.18555% from its highest price on 2021-05-10.

5/5
Avarage Daily Volume: $706,982,664.00

Internet Computer has a daily trading volume of $706,982,664.00 which it will make it super easy for you to sell your holdings of Internet Computer

Community

Internet Computer has 394982 total followers in all its social media accounts.

5/5
Exchanges

Internet Computer is listed on 58 exchanges

5/5
Price Potential

Internet Computer price value has the potential to increase to $1566.81 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's An Excellent time to invest in Internet Computer right now. We give it all overscore of

4.5/5

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Summary of Internet Computer(ICP):

Internet Computer(ICP) today price is $47.93, which is down -93.18555% from it's all time high. The avarage daily volume is $706,982,664.00 and you can trade Internet Computer on 58 exchanges.

394982 people are following Internet Computer in all social media accounts.

Our algorithm believes it's An Excellent time to invest in Internet Computer with confident score of 4.5 out of 5.

What is Internet Computer(ICP)?

Internet Computer (IC) is the world’s first blockchain that is capable of running at web speed at unrestrictive capacities. Built by the DFINITY Foundation, IC aims to recreate the web by supporting smart contract development at scale and changing the way people can interact using web services. Internet Computer aims to extend the public internet, so that it can be the world’s computing platform, in a decentralized manner. Internet Computer sets to revolutionalize the design of the crypto economy, with an aim to overhaul traditional software services. The project was founded in October 2016 by Dominic WIllams and have raised a total of $121 million from investors such as Adreessen Horowitz, Polychain Capital, Multicoin Capital and such. On May 10, 2021, DFINITY launched the Internet Computer into the public domain, marking it a major milestone for ICP as it means the internet now functions as a decentralised global computer. This is marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token that allows tens of thousands of community members to govern the Internet Computer network. ICP is Internet Computer's native token. It plays three prominent roles: 1. Network Governance: Users that participate in the governance will be rewarded with ICPI 2. Production of Cycles for Compute: ICP can be converted into cycles where it is used as the transaction fee to access the network. Cycles are burned after used. 3. Rewarding Users: ICP is used as the rewards to incentivize users to participate in the network such as securing the network.