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ICON ICX

ICON Price (ICX)
$0.2247
3.26% Buy ICX Now

0.0000592 ETH

0.00000331 BTC

Buy ICX Now
Low: $0.2183
High: $0.2333
24h
Market Cap
$224,078,689
3.26%
Fully Diluted Market Cap
$223,804,733
3.26%
Volume
24h
$6,476,743
53.67%
Volume / Market Cap
0.0289
Circulating Supply
997,067,301 ICX
Max Supply
--
Total Supply
997,067,301

ICON (ICX) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.15%

Joined at Jul 25, 2017

Following

340

0.00%

Tweet count

6,081

0.20%

ICON reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official ICON (ICX) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

ICON telegram
Telegram Stats
Visit Telegram

Members

0.00%

Title

ICON Project (Official - No Giveaways)

ICON traffic
Website Traffic
Visit Website

Website Rating (DR)

67 / 100

1.47%

Ahrefs Rank

169,134

27.57%

Organic Traffic (mo.)

0

ICON github
GitHub Organization
Visit GitHub

Public repos

Created at Feb 07, 2018

Type

Organization

ICON github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official ICON (ICX) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 181,864


Live ICX Price Analysis

The current real time ICON price is $0.2247, and its trading volume is $6,476,743 in the last 24 hours. ICX price has plummeted by 3.26% in the last day, and increased by 0.97% in the last 7 days. It’s important to note that current ICON market capitalization is $224,078,689, Talking about circulating supply, ICX has 997,067,301 coins. Currently, ICON rank on the market is #226.

ICON price today is 98.22% below all time high, and it is 499.52% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling ICX are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is ICON (ICX)?

ICX is the native token for the ICON Network. ICON is a decentralized layer 1 network that acts as a multi-chain bridge, connecting the Binance Smart Chain, Ethereum, Moonriver, Polkadot, as well as numerous other blockchains.

ICON is known for its unique Blockchain Transmission Protocol (BTP), which enables cross-chain operations such as token swapping and communication. Its interoperability aims to accelerate the mass adoption of cryptocurrencies and blockchain technology as a whole.

Who Founded ICON?

One of the co-founders of ICON is Min Kim. He’s a prominent figure in the East Asian blockchain space and has previously worked as the Chief Strategy Officer at the FinTech giant DAYLI. Additionally, Kim is part of ICONLOOP, a Web3 blockchain development company.

Prior to the Mainnet release, ICON held an initial coin offering (ICO) in September 2017. During this time, the ICX price raised for the tokens was $43 million, accounting for about 50% of the token supply available at the time.

The core goal of ICON was to create a platform that would enable the interoperability of various blockchains. Decentralized blockchain-based networks typically cannot directly communicate with each other, and users need to jump through various hoops to conduct cross-chain transactions.

ICON aims to be the solution to this issue. By enabling multi-chain communication, the platform hopes to improve the process of crypto adoption and make the process of trading different assets simpler, without compromising the security and decentralization of each bridged network.

In January 2018, ICON was officially launched. At this time, ICX was valued at around $10. The early months in the market were highly volatile, with the asset experiencing both sudden hikes and declines. Its first year on the market ended on a lower note, with the ICON price dropping down to $0.20.

For around two years, between late 2018 and late 2020, the token had stabilized, with the volatility remaining low and the value staying under $1. However, 2021 saw some more activity in the token’s market performance. The ICX price went up to nearly $3 twice – in April and November.

What Are the Features of ICON?

ICON is an inflationary asset. It doesn’t have a set maximum supply limiting the number of ICON tokens in circulation. The ICX price may be more difficult to predict than for a deflationary asset. However, the protocol has had its inflation rate set to 36 million new ICX minted annually. The inflation rate can be altered by a governance vote.

The main service provided by ICON is the Blockchain Transmission Protocol (BTP). According to the platform, there is no limit on how many connections can be made using BTP. The technology is blockchain-agnostic. This means that it can be implemented on any network to bridge two blockchains and enable interoperability.

The Protocol uses decentralized relays to enable multi-chain messages to be transferred. All messages are verified on-chain. The BTP enables not just regular cryptocurrency transactions and communication but also NFT ownership transfers. It facilitates the complicated process of cross-chain NFT ownership verification.

Additionally, the ICON network can be used to support DeFi technology, particularly decentralized applications (dApps). The platform hosts its own decentralized exchange (DEX), which allows faster cross-chain transactions via gateways. The ICON crypto ecosystem is KYC-free, making it both decentralized and anonymous.

Developers are offered an opportunity to participate in the Contribution Proposal System (CPS). It’s ICON’s grant program that provides financial support for development, marketing, and blockchain community building. All funds are decentralized. Due to the relatively volatile ICX price, the grants are paid using the bnUSD stablecoin at a predictable rate.

The ICON network is secured using the Delegated Proof-of-Stake (DPoS) consensus mechanism. Two types of ICON coin holders are part of this process – the stakeholders and the validators. Stakeholders are required to delegate a share of their assets to the selected validators.

Both the delegators and the validators are both able to make a profit from their contributions and active participation. The stakeholders that delegate their assets can earn a passive income adjusted to the ICON price value of their staked amount. The technical validators receive transaction fees as block rewards.

The DPoS processes are closely tied to network governance. ICON functions as a decentralized autonomous organization (DAO). Validators directly participate in the governance processes. They handle both on- and off-chain responsibilities and are considered Public Representatives (P-Reps) of the ICON Network.

Validators that wish to become P-Reps must pay the registration fee. The ICON price for participating in the DAO is 2000 ICX. Network nodes can be penalized for failure to actively participate in the network processes. Users that don’t vote on network proposals receive a Missed Network Proposal Vote Penalty, which affects their rewards. 

As part of their on-chain duties, P-Reps produce blocks, control the routine server maintenance, vote on network proposals, and manage the Contribution Proposal System. Off-chain, users are encouraged to participate in discussions on social media and act as community moderators. Their main job is to educate prospective users about ICON.

What's ICON trading volume in the last 24 hours?

ICX has a trading volume of $6,476,743 in the last 24 hours.

What's ICON highest price ever?

ICX has a highest price of $12.64, which was reached on Jan 09, 2018 (6 years 4 months ago).

What's ICON lowest price ever?

ICX has a lowest price of $0.0375, which was reached on Dec 11, 2022 (1 year 5 months ago).

What are the best exchanges for buying and selling ICX?

Currently, the most active and dominating exchanges for buying and selling ICON are Binance, Kraken & Kucoin. The most popular ICON trading pairs are ICX/USDT (on Binance ), ICX/KRW (on Upbit ), ICX/USDT (on P2B ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping ICX?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping ICON. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

ICON project's Circulating Supply has been verified and is equal to:

Circulating Supply

997,067,301 ICX

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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