Internet Computer Live Price

What is Internet Computer?

The digital token Internet Computer or ICP is a relatively new cryptocurrency that allows developers to create websites, applications, and various web-based services. Founders of this blockchain computer claim that ICP has the capacity to challenge the powerhouses of the Internet. It is designed to be scaled quickly and reduce computing costs. As a blockchain-powered public network, Internet Computer boasts an ambitious goal of creating with infinite capacity. It allows developers to develop DeFi apps and tokenize social media services. ICP aims to speed up blockchain technologies, with transactions being processed within one to two seconds. The ICP utility token, with the former ticker DFN, is the mechanism that enables users to participate in the network's governance. This coin can be used to run applications and websites, and power computations. Within a few days of trading, the ICP joined the top 10 cryptos by market capitalization. The initial supply of ICP was at almost 470 million tokens. Internet Computer has not set any maximum supply for ICP. Nearly 25% of the initial supply was sold in 2017 in a public seed sale round. The current market cap of ICP stands at $4.75 billion, with a circulating supply of 128.9 million tokens based on CoinMarketCap data.

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How much is Internet Computer worth?

Internet Computer (ICP) is worth 15.97 USD as of March 15, 2022, 2:16 am UTC time. View the interactive graph to see how much Internet Computer has changed in the last hour or historically. 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.