What Internet Computer coordinates
Internet Computer (ICP) is an AI / DePIN infrastructure token, currently ranked 63rd by market capitalization among the assets we track. Rather than a payments coin, Internet Computer is the settlement and incentive layer for a distributed infrastructure network. The token's job is to bootstrap supply of a useful resource and pay for its consumption.
Internet Computer (ICP) is a blockchain-based platform that enables developers to build and deploy decentralized applications and services on the internet, aiming to extend the functionality of the web. It provides a scalable and efficient environment for running smart contracts and hosting software.
How the network bootstraps supply and demand
Value accrues when the underlying resource is genuinely useful and paid for. The risk is a network that looks busy on emissions alone, with token rewards outrunning real consumption.
Background & fundamentals
Internet Computer lists a documented core team of 5, so the people behind the project are at least named on the record. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in ICP.
In sector terms it is most often filed under Cryptocurrency, Smart Contracts, and Platform.
Where Internet Computer sits in the market
Trading around $2.12, Internet Computer carries a market capitalization of $1.18B. Around $21.67M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.84% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Almost the entire ICP supply is already in circulation (~113.0% of the 469.2M cap), so future dilution is effectively off the table. ICP remains -99% beneath its all-time high of $342.23, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
The tape currently reads 24-hour -2.18%, 7-day -0.95%, 30-day +21.68%, 1-year -44.38%. Across roughly the last 365 days of daily candles, ICP endured a peak-to-trough drawdown of about 77% before stabilizing.
Volatility profile
Recent action puts Internet Computer in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals +21.68%, a useful input for stop placement and position sizing.
How to evaluate an AI/DePIN token like Internet Computer
For an asset of this type, three lenses matter most:
- Real demand — paying usage of the network's resource, not just provider rewards funded by ICP emissions.
- Supply growth — how much real-world or compute capacity the network has actually brought online.
- Token economics — whether ICP demand can outgrow the incentives the protocol pays to bootstrap it.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
