Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
ICON

ICON priceICX

focusIcon
subscribe
Quote currency:
USD
ICX
VectorImg
USD
1 ICX = 0.2329 USD
Last updated 2024-04-20 10:07:05(UTC-0)

ICON price live data summary

The live price of ICON is $0.2329 per (ICX / USD) today with a current market cap of $230.61M USD. The 24-hour trading volume is $6.41M USD. ICX to USD price is updated in real time. ICON is -1.67% in the last 24 hours. It has a circulating supply of 990,333,600 .

What is the highest price of ICX?

ICX has an all-time high (ATH) of $12.64, recorded on 2018-01-09.

What is the lowest price of ICX?

ICX has an all-time low (ATL) of $0.1069, recorded on 2020-01-03.

ICON price prediction

Set your prediction

When is a good time to buy ICX? Should I buy or sell now?

When deciding whether to buy or sell ICX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget ICX technical analysis can provide you with a reference for trading.
According to the ICX 4h technical analysis, the trading signal is Sell.
According to the ICX 1d technical analysis, the trading signal is Sell.
According to the ICX 1w technical analysis, the trading signal is Sell.
icon_ad

Trade smarter on Bitget

A welcome pack worth 1000 USDT for new Bitgeters!

ICON price performance in USD

24h7d30d90d1yAll-time
-1.67%-11.20%-24.58%+0.96%-22.50%-43.07%

ICON price history in USD

TimeLowHigh
24h$0.2290$0.2382
7d$0.2141$0.2500
30d$0.2001$0.3948
90d$0.1997$0.4037
1y$0.1510$0.4037
All-time$0.1069(2020-01-03, 4 years ago )$12.64(2018-01-09, 6 years ago )

ICON market information

Market cap
$230,605,166.11
-1.67%
Fully diluted market cap
$230,605,166.11
-1.67%
Volume (24h)
$6,410,679.45
-31.48%
Market rankings
Circulation rate
+99.00%
24h volume / market cap
0.0277
Circulating supply
990,333,600 ICX
Total supply / Max supply
990,333,571.77 ICX
-- ICX
ICO price
$0.1100 ICO details

ICON ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

ICON Social Data

In the last 24 hours, the social media sentiment score for ICON was 1, and the social media sentiment towards ICON price trend was Bearish. The overall ICON social media score was 1,221, which ranks 511 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,244,928 times, with ICON being mentioned with a frequency ratio of 0.01%, ranking 433 among all cryptocurrencies.

In the last 24 hours, there were a total of 205 unique users discussing ICON, with a total of ICON mentions of 105. However, compared to the previous 24-hour period, the number of unique users increase by 1%, and the total number of mentions has decrease by 15%.

On Twitter, there were a total of 3 tweets mentioning ICON in the last 24 hours. Among them, 0% are bullish on ICON, 100% are bearish on ICON, and 0% are neutral on ICON.

On Reddit, there were 0 posts mentioning ICON in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning ICON. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

Visão geral das redes sociais

Average sentiment(24h)
1
Social score(24h)
1.22K(#511)
Social contributors(24h)
205
+1%
Social mentions(24h)
105(#433)
-15%
Social dominance(24h)
0.01%
Twitter
Tweets(24h)
3
+200%
Twitter sentiment(24h)
Bullish
0%
Neutral
0%
Bearish
100%
Reddit
Reddit score(24h)
0
Reddit posts(24h)
0
0%
Reddit comments(24h)
0
0%

About ICON(ICX)

What Is ICON?

ICON is a layer 1 blockchain network, fostering the interaction and interoperability of independent blockchains, which are referred to as communities within the platform. Founded in 2017 by the South Korea-based ICON Foundation, this platform serves as a nexus where various blockchain communities from diverse sectors such as finance, healthcare, and security converge. The ICON network, often dubbed as the "ICON Republic," is designed to mirror real-world economies, providing a platform where different economic actors can issue and control their own forms of value, under rule systems they select, thereby aiming to "hyperconnect the world."

ICON is a sophisticated network framework that facilitates the interaction of independent blockchains, allowing them to transact on a single network. This innovative approach is designed to overcome the limitation of the widespread adoption of blockchain technology, which is often hindered by blockchains operating on their isolated networks. Through ICON, entities from various industries can interact and transact seamlessly, fostering a digital nation where different economic actors can operate under their selected rule systems while remaining interconnected.

Resources

Official Documents: https://icon.community/learn/

Official Website: https://icon.community/

How Does ICON Work?

The ICON network operates using a unique consensus mechanism known as the Delegated Proof of Contribution (DPoC), which is powered by a loop chain algorithm called loop fault tolerance (LFT). This mechanism significantly enhances transaction speed within the network by reducing the steps involved in generating and validating new blocks. The network is structured with several components including Public Representatives (P-Reps), ICONists, and various proposal systems, all working in harmony to maintain the integrity, transparency, and longevity of the ICON network.

P-Reps are at the helm of governance and block production in the ICON network, elected based on the number of votes they receive from coin holders, with one ICX equating to one vote. These representatives play a pivotal role in creating and verifying blocks and participating in policy decisions that shape the ICON project's long-term vision. On the other hand, ICONists are the voters responsible for electing P-Reps, incentivized to vote for representatives who contribute more to the network and support policies they endorse.

Furthermore, the ICON network employs a decentralized grant program known as the Contribution Proposal System (CPS), managed by P-Reps who vote on and sponsor proposals. This system, along with the Network Proposal System (NPS), facilitates the creation or amendment of network policies, fostering a dynamic and responsive governance structure.

What Is ICX Token?

The ICX token is the native cryptocurrency of the ICON platform. It serves as the medium for all transactions within the ICON network. Initially introduced through an Initial Coin Offering (ICO) in September 2017, which raised approximately $43 million, the ICX token has become a central element in the ICON ecosystem. The token supply details, as of 19th September 2023, are as follows: a total supply of 967,068,330 ICX, with a circulating supply of 967,068,267 ICX, amounting to a market capitalization of $165 million.

ICON's Impact on Finance

ICON stands as a beacon of innovation in the financial sector, offering a decentralized financial (DeFi) system that securely stores users' details on digital devices. Its unique interoperability feature, facilitated by the Blockchain Transmission Protocol (BTP), positions it as a hub of economic activity, connecting both public and private networks without requiring trust or consensus among network operators. This feature, coupled with smart contracts, ensures secure data storage and transfer, paving the way for a new era of financial transactions.

Moreover, ICON's economic structure, governed by the ICON Incentives Scoring System (IISS), rewards both voters and P-Reps, fostering active participation and contribution to the network. This reward system, coupled with the network's potential to lower transaction fees and increase transaction speed, stands to revolutionize the financial sector, offering a platform that combines security, efficiency, and economic viability.

What Determines ICON's Price?

In the constantly evolving realm of cryptocurrencies, the current status and fluctuations of the ICON (ICX) price are swayed by a myriad of factors, similar to other digital assets. One of the primary determinants of the ICX token price is the market dynamics of demand and supply, often guided by the prevailing sentiment in the broader cryptocurrency market.

To make educated investment decisions, investors and traders frequently consult the ICON (ICX) price chart and delve into the ICX price history. Additionally, the ICON (ICX) market cap, indicative of the token's existing market value in circulation, plays a crucial role in defining the ICON crypto price. This often has a direct impact on the ICX price, viewed in various popular currencies including USD and EURO.

As we focus on the ICX price today, it's evident that recent developments and updates within the ICON network heavily influence it. The ICON (ICX) latest news, which highlights technological advancements, strategic partnerships, and the shifting regulatory landscape, can have a notable impact on the live ICX token price. For instance, the roll-out of ICON 2.0, a substantial network upgrade, is expected to influence the ICON (ICX) future price significantly. Investors and crypto enthusiasts frequently engage in ICON (ICX) price analysis, keen to assess the prospective implications of such developments on the ICX current price.

Moreover, the potential of the ICX token is glaringly evident in its distinctive interoperability feature. This allows for a smooth interaction between various blockchains, fostering positive sentiment and potentially driving an upward trend in its price.

Looking forward, many are eager to explore ICX price predictions, aiming to pinpoint the possible trajectory of the token in the coming years. Speculative insights, including the ICON (ICX) price prediction for 2023 and beyond, are often based on a combination of historical data, existing market trends, and anticipated future developments within the ICON network.

Investors find it vital to stay updated with the real-time ICX price, making sure to conduct detailed analysis prior to making any investment choices, especially given the volatile nature of the cryptocurrency market. As the ICON network persists in its growth and expands its influence in the blockchain sector, it shows promising signs of fostering a more interconnected and efficient blockchain ecosystem. This, in turn, might pave the way for a bullish trend in the ICON cryptocurrency price, hinting at a bright future ahead for the platform.

Trade ICX perpetual futures

After having successfully signed up on Bitget and purchased USDT or ICX tokens, you can start trading derivatives, including ICX futures and margin trading to increase your income.

The current price of ICX is $0.2329, with a 24h price change of -1.67%. Traders can profit by either going long or short onICX futures.

Join ICX copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or ICX tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of ICON.

What is the current price of ICON?

We update our ICON to USD price in real time. Get the live Price of ICON on Bitget.

What is the 24 hour trading volume of ICON?

Over the last 24 hours, the trading volume of ICON is $6.41M.

What is the all-time high of ICON?

The all-time high of ICON is $12.64. This all-time high is highest price for ICON since it was launched.

Can I buy ICON on Bitget?

Yes, ICON is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in ICON?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy ICON with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

Is ICON (ICS) a good investment?

ICON presents a compelling investment opportunity with its unique features. Firstly, the ICX token offers substantial potential through staking rewards and governance involvement. Secondly, ICON's distinct interoperability solution provides a competitive edge in the dynamic blockchain field. Additionally, ICON supports a vibrant ecosystem of dApps, including DeFi protocols, NFT platforms, and games, fostering further value generation. The continual development of the BTP protocol highlights the team's commitment to a unified blockchain future. Investing in ICX allows for benefits from token value appreciation, staking rewards, and active participation in network governance, offering a mix of engagement and potential income uncommon in many other cryptocurrencies.

What is ICX price prediction

Several factors can drive the ICX price prediction positively. Key among these is the expansion of the ICON ecosystem, as more integrated dApps and partner blockchains boost demand for ICX tokens for staking and governance. Further development of the BTP protocol, enhancing ICON's interoperability and user-friendliness, can attract more users and developers, increasing ICX demand. The growing adoption of DeFi and NFT platforms within ICON could also elevate ICX demand, given its use in transactions, staking, and governance. Lastly, general market trends and the widening acceptance of cryptocurrencies globally can spur demand for ICX and other digital assets, positively impacting ICX price prediction.

What factors influence ICX price?

The ICX price is influenced by several factors, with the most significant ones being: Expansion of the ICON Ecosystem: The growth and integration of more dApps and partner blockchains into the ICON ecosystem enhance the demand for ICX tokens, which are used for staking and governance purposes. Development of the BTP Protocol: Advancements in the BTP protocol improve ICON's interoperability and user-friendliness, attracting more users and developers to the ecosystem, subsequently increasing the demand for ICX. Growing Adoption of DeFi and NFT Platforms: The increase in the usage and adoption of DeFi and NFT platforms within the ICON ecosystem raises the demand for ICX, as it is utilized for transactions, staking, and governance on these platforms.

What is the use case of ICX token?

ICX, the native token of the ICON blockchain, has several key functions: 1. Transaction Fee Currency: ICX is essential for transactions within the ICON ecosystem, serving as the currency for all its dApps, including notable DeFi protocols and enterprise products like Balanced, OMM, Optimus, Zzeung, and broof. It facilitates payments and covers transaction fees, making it integral to the operations of the ICON network. 2. Essential for Decentralized Identity Solutions: Playing a pivotal role in ICON's decentralized identity solutions, ICX is employed by ICONLOOP for applications like Zzeung. This product utilizes ICX for secure, efficient identity authentication and management in various sectors such as finance and healthcare, showcasing the token's versatility. 3. Governance and Staking: ICX is pivotal for the ICON network's governance. Holders can stake and delegate tokens to participate in on-chain governance, contributing to network security and consensus while earning additional ICX rewards.

How to stake ICx on ICON?

The ICON network's economics pivot on two core elements: ICX currency and Delegates or P-Reps. ICX is fundamental for transactions, staking, and governance within the ICON ecosystem. P-Reps play a vital role, earning rewards for positive contributions and facing penalties for inefficiencies. Staking in ICON has dual implications, involving both community members and delegates committing resources for network validation. Diverse staking rewards in the ICON community include block producer incentives, delegation/voter bonuses, ecosystem expansion benefits, and cross-chain message relay rewards. This concise overview integrates key terms, enhancing visibility in searches related to ICON and ICX.

What are the tokenomics of ICX?

Staking ICX encompasses two primary steps: delegating to a P-Rep and validating new blocks. For community members, staking signifies allocating a specified amount of locked ICX to support a delegate or candidate. The process of staking for block validation involves securing ICX while authenticating the succeeding block for the blockchain. This approach fortifies the ICON network and rewards engaged stakeholders. The procedure to stake ICX is straightforward, involving several basic steps: Acquire ICX cryptocurrency on Bitget or alternative compatible platforms. Safeguard your ICX in an appropriate wallet. Determine the ICX amount you wish to stake. Delegate your ICX to one or multiple P-Reps. Validate the staking transaction. It’s imperative to note that staked ICX undergoes a lock-up duration of approximately 8-20 days, restricting withdrawals. Furthermore, there is no mandatory minimum quantity for staking ICX.
Cryptocurrency investments, including buying ICON online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy ICON, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your ICON purchase. This page and any information included are not an endorsement of any particular cryptocurrency.
Links
ICONICONICONICON

Related assets

People also view
People who viewed ICX also show interest in the following cryptocurrencies.
Trending assets
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours
Popular cryptocurrencies
A selection of the top 12 cryptocurrencies by market cap.
Recently added
The most recently added cryptocurrencies.
Comparable market cap
Among all Bitget assets, these 12 are the closest to ICON in market cap.