Convert and Swap Internet Computer ICP to United States Dollar USD
ICP/USD: 1 Internet Computer equals $9.27 USD
Last update: 7:34 PM, January 22, 2025
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Internet Computer is falling this week.
The current price of Internet Computer is $9.27 per ICP. With a circulating supply of 480,033,683.16 ICP, it means that Internet Computer has a total market cap of $4,424,138,510.57. The amount of Internet Computer traded has risen by $22,555,336.47 in the last 24 hours, which is a 11.92% increase. Additionally, in the last day, $189,175,196.94 worth of ICP has been traded.
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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.
About Internet Computer
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.
Internet Computer (ICP) is a blockchain technology that aims to revolutionize the design of blockchain systems. It is designed to function as a "World Computer" blockchain, capable of hosting almost any online system or service, including demanding web social media, without the need for traditional IT such as cloud computing services. This allows for full end-to-end decentralization. The ICP token, the native cryptocurrency of the Internet Computer blockchain, serves three main utilities. It provides a source of "cycles" that power computation, can be staked in the Network Nervous System DAO that governs the Internet Computer blockchain, and acts as a store of value.
The Internet Computer blockchain operates on a network of special computing devices called "node machines". These machines connect to each other using the Internet Computer Protocol (ICP), which gives the token its name. The network model used by the Internet Computer is referred to as "Proof-of-Useful-Work". The network has a governance system called the Network Nervous System (NNS), which can remove node machines that fail to produce enough blocks and keep up with the network. The Internet Computer network is composed of "subnet blockchains", which are combined into a single logical blockchain using "chain key crypto". This unique feature to the Internet Computer enables subnet blockchains to have public "chain keys", allowing the blockchains to cryptographically sign all their interactions.
Internet Computer aims to provide a platform for building decentralized online systems and services entirely on the blockchain, without using centralized traditional IT. This makes it possible to assign control of these services to community DAOs (decentralized autonomous organizations). Users can become both owners of web3 services and part of the team that runs them. Services like this are already being built today on the Internet Computer blockchain. The Internet Computer also provides many other features that are unique within blockchain. These include HTTP outcalls, which enable smart contracts to securely query other systems over the web, through its network consensus system.