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Internet Computer (ICP) is a utility token that allows users to participate in and govern the Internet Computer blockchain network. The network aims to help developers create websites, enterprise IT systems, internet services, and DeFi applications by "installing their code directly on the public Internet." ICP can also be staked or "converted into cycles" that can be used to power computation for dApps and traditional applications.
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AI generated 14h ago
ICP has traded quietly in recent sessions with modest ↗1% gains over the past hour, though the token remains down significantly for the year as traders assess its position within the competitive Layer1 space.
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Sign me up918
-9.91%
661
-10.92%
291
-6.13%
1.1K
$1.68B
$1.68B
539M ICP
Not enough data
539M ICP
#51
0.05%
$75.10M
35.38%
$407.35M
$2.09B
$630.00
-60.94%
ICP vs markets
↘ 76.02%
ICP vs BTC
↘ 76.15%
ICP vs ETH
↘ 74.19%
Tags
platform
ai-big-data
smart-contracts
layer-1
+3
Network | Address | |
---|---|---|
Internet Computer Protocol | NA |
Time | Price | Change |
---|---|---|
Today | $3.11 | ↗ 2.14% |
1 Day | $3.04 | ↗ 2.37% |
1 Week | $3.51 | ↘ 11.23% |
1 Month | $4.77 | ↘ 34.74% |
1 Year | $7.97 | ↘ 60.94% |
AI generated 14h ago
ICP has traded quietly in recent sessions with modest ↗1% gains over the past hour, though the token remains down significantly for the year as traders assess its position within the competitive Layer1 space.
Mixed price signals emerge
ICP has gained ↗1% in the past hour but remains down ↘63% over the past year, reflecting the challenging market conditions the token has faced.
Lagging behind Layer1 peers
ICP currently ranks 22nd in daily performance within its category, while other Layer1 tokens like SUI have shown stronger momentum with ↗7% gains leading the sector.
The latest ICP price is $3.11. Compared to Internet Computer's value of $3.04 from 24 hours ago, there's been a 2% increase, while the current price is -11% down from $3.51 which was recorded one week ago. Internet Computer's all time high is $630.00, which was reached on May 10, 2021. This is a -100% change from its price today.
The market cap is currently $1.68B, which is a result of multiplying the current price of Internet Computer($3.11) by the total supply(539,272,411 ICP). The fully diluted valuation of Internet Computer is $1.68B. The diluted valuation of Internet Computer is $1.68B.
Internet Computer had 661 buyers, 291 sellers and total 918 trades in the last 24h. Internet Computer was searched 1,099 times in the last 24h.
Internet Computer (ICP) is a set of protocols that allow independent data centers worldwide to band together. ICP's basic idea is to create a new kind of decentralized Internet and global computing system — where independent data centers all over the world could join together to create an alternative to the cloud services (from companies like Amazon Web Services and Google Cloud) that power most of the current Internet. Its innovative design and vision position the Internet Computer as a scalable and efficient platform for building almost any online system or service, including demanding web applications, without the need for traditional IT infrastructure. The Internet Computer has also launched its own token, the ICP token, which is used for governance (holders can vote on the future of the network), to reward network participants for good behavior, and to pay fees for making transactions. Originally called DFINITY, ICP's global and distributed network of data centers can run most of the applications that are accessible via traditional Internet standards, such as DNS (the domain name system you use via web browsers and smartphones).
The Internet Computer works by running canister smart contracts on a network of node machines. These node machines are connected using the Internet Computer Protocol (ICP), which enables them to communicate and coordinate their actions. As explained in the MIT Technology Review's profile of the Internet Computer: "Instead of running on a dedicated server in Google Cloud, for example, the software would have no fixed physical address, moving between servers owned by independent data centers around the world." You can think of ICP as a way of converting crypto into processing power — the network will establish a fee based on the amount of computing power required by a developer's project. The website will run on the public Internet as long as the fee is paid. Finally, the Internet Computer network is controlled and managed by a master subnet, which runs an advanced permissionless Decentralized Autonomous Organization (DAO) called the Network Nervous System (NNS). This system instructs the node machines how to structure the network and verifies that the instructions they have received are genuine.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#59
Contributors
326
Posts
587
% About Internet Computer
0.269%
Articles
3
Hold times
0 days
X (Twitter)
62.87% bullish
Sentiment
3.9 ★
Highlights
326 unique individuals are talking about Internet Computer and it is ranked #59 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Internet Computer has an average sentiment score of 77 out of 5. Finally, Internet Computer is becoming less newsworthy, with 3 news articles published about Internet Computer.
On Twitter, people are mostly bullish about Internet Computer. There were 64.64% of tweets with bullish sentiment compared to 2.81% of tweets with a bearish sentiment about Internet Computer. 35.36% of tweets were neutral about Internet Computer. These sentiments are based on 581 tweets.
On Reddit, Internet Computer was mentioned in 35 Reddit posts and there were 805 comments about Internet Computer. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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