Today: 2021-10-26 Disclaimer: This is not a financial advice

Is it a Good Time to Buy ICON Right Now?

Current Price
$2.07
All Time High: $13.16

ICON is down -84.28169% from its highest price on 2018-01-09.

5/5
Avarage Daily Volume: $30,965,956.00

ICON has a daily trading volume of $30,965,956.00 which it will make it super easy for you to sell your holdings of ICON

Community

ICON has 196956 total followers in all its social media accounts.

4/5
Exchanges

ICON is listed on 63 exchanges

5/5
Price Potential

ICON price value has the potential to increase to $67.4 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's An Excellent time to invest in ICON right now. We give it all overscore of

4.25/5

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Summary of ICON(ICX):

ICON(ICX) today price is $2.07, which is down -84.28169% from it's all time high. The avarage daily volume is $30,965,956.00 and you can trade ICON on 63 exchanges.

196956 people are following ICON in all social media accounts.

Our algorithm believes it's An Excellent time to invest in ICON with confident score of 4.25 out of 5.

What is ICON(ICX)?

ICON is a blockchain technology and network framework designed to allow independent blockchains to interact with each other. ICON is supported through a cryptocurrency token, called ICX. ICON is a South Korean-based company that developed a blockchain technology and accompanying cryptocurrency token called ICX. The company bills itself as an interconnected blockchain network, allowing participants in a decentralized system to “converge” at a central point. This is done by connecting a community to other communities through ICON Republic and Citizen Nodes. While blockchains are most commonly associated with cryptocurrencies, enthusiasts point out other areas where the technology can be applied. Any exchange of information can technically be added to a blockchain, though adding some types may not be cost-effective. Transactions involving securities, currencies, business contracts, deeds and loans, intellectual property, and personal identification could be “tokenized. ICON’s blockchain is more like the Plasma or Ontology blockchain in that its purpose is to act as an intermediary between other blockchains and networks. This interconnectability makes the ICON project worth keeping an eye on over the next decade. ICON sports its very own decentralized exchange. This DEX sets currency reserves for each blockchain community so that ICON communities can exchange value in real time through the ICON Republic. In this way, DEX complements C-Rep portals by establishing another gateway for ICON Communities to connect to the ICON Republic.