Price Analysis

Icon (ICX) Price Analysis: Crypto Investors Got Stunned As ICX touched a volume of $7.72 Million in Just One Day

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ICX is the native coin of the ICON network. IT is pretty similar to Ether in the Ethereum network. In ICON network, users have to pay for using ICX cryptocurrency. ICON has been under development for two years, and Dayli Financial Group developed it. It is a Korean firm that is specialized in financial technology and innovation. ICON is aimed to be a network that can enable interactions between many different kinds of sectors like security, finance, and education in the future.

Current status of ICX

Market price: 0.333758 USD

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Market cap: 158,003,060 USD

Market rank: 45

Circulating supply: 473,406,688 ICX

Price analysis of ICX

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The following information is derived from the above ICX charts-

  • Present trading value: 0.332937 USD/ 0.00006164 BTC (UTC time 05:46)
  • Present market cap: 157,614,454 USD
  • 24h volume: 7,708,424 USD

The same chart also showed that approx. 1 month earlier, ICX had a trading value of 0.395155 USD. So, within this one month, the value of ICX has been deterred by -15.74%.

Future price predictions of ICX

Although, ICX has been in turbulence since its inception, but due to its own capacities, it can hold a firm position in the crypto market even today. The crypto analysts are of the opinion that ICX is a very promising cryptocurrency that can reach great heights in the coming future. ICX has already expanded its ICONLOOP to financial organizations and government by signing MOU and E4net. Their partnerships include various organizations like B-Cryptos, Carboneum, Line, etc. Apart from this, there are other networks like Telegram and Reddit who are promoting Icon’s roadmap and success.

Majority crypto investors are looking forward to splurging in ICX because it is showing a great turnaround. Moreover, the volatility of the crypto market will also reduce towards the end of this year, and that can even accelerate the hikes of ICX values in the future. Accordingly, we believe, that if ICX continue to develop well enough with consistency in maintaining their users’ adoption, then, by the end of this year, it can be trading around $3 at ease.

Conclusion

ICX is a promising cryptocurrency that is although facing fluctuations but, is also making impressive turnarounds. It is a good idea to invest in this crypto to have a good profit in the future.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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