Internet Computer’s Price Increased More Than 15% Within 24 hours

The past 24 hours have seen an impressive jump in Internet Computer’s ICP/USD price, with a 15.27% increase to $14.89. During the course of the past week, this cryptocurrency has demonstrated a major upward trend, with a 56.0% shift, moving from $8.98 to its current pricing. So far, the coin has achieved an all-time high of approximately $700.65. The graph below demonstrates the significant price movement and volatility of ICP’s latest 24-hour period (at left) and past week (at right), featuring Bollinger Bands to calculate these respective volatility rates. As you can see, the wider the scope of the gray bands, the larger the volatilty.

An examination of Internet Computer’s activity indicates that its trading volume has risen by 135.0% for the week, while its circuiting supply has risen 1.08%, currently standing at 454.21 million. According to the trading data available at CoinGecko, ICP now ranks as the 18th largest digital currency by market cap, with a current valuation of $6. 67 billion.