Internet Computer logo

Internet Computer price

(ICP / USD)

$31.74
+2.75%

Market stats

$5.8B

$325.5M

+31.4%

183.7M ICP

37 days

65% buy
35% sell

#24

$750.73

-0.83%

+2.75%

-22.34%

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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.

How it works

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. As long as the fee is paid, the website will run directly on the public internet. 

Keep in mind

In a truly decentralized network, who can be held accountable for hosting abusive content? Corporations running the Internet today employ some degree of moderation, although the flip side is that they can also arbitrarily de-platform anyone at any time. Ideally, Internet Computer can use decentralized governance to create solutions to these tricky issues.

Released: May 2021

Internet Computer is on the decline this week.

The price of Internet Computer has fallen by 22.34% in the past 7 days. The price increased by 2.75% in the last 24 hours. In just the past hour, the price shrunk by 0.83%. The current price is $31.738 per ICP. Internet Computer is 95.77% below the all time high of $750.73.The current circulating supply is 183,710,553.9 ICP.

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This content and any information contained therein is being provided to you for informational purposes only, does not constitute a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges. Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.