ICON (ICX) Price Hiked by 29% in 24 Hours

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ICX Price Today: Among many cryptocurrencies, ICON which is generally referred as ICX has been hiked by more than 29% in past 24 hours. People holding ICX will receive ICY and ICZ airdrops. Also, withdrawal issue in Binance has been cleared for ICX and so trading volume is getting high today.

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.

ICON (ICX)
ICON (ICX)

The price of the coin ICON (ICX) is $1.94 at the time of writing this article. The market cap of ICX is $1,350,131,849. The coin in trading volume is $409,472,745. This coin has reached its maximum value of $13.16 during 2018. Following ICON (ICX) coin news, it has reached more traders and the price suddenly hiked up by 29%.

Where to Buy ICON (ICX) Crypto?

ICON (ICX) can be bought and sold on various exchange sites such as Cryptoexchange.com, Upbit, Bitvavo, Binance, Nominex, OKEx for the exchange of USDT, BTC, KRW, EUR and so on. In the coin market cap, the coin ICX is ranked at 100th position.

About ICON (ICX) Coin

ICON price today is $1.90 with a 24-hour trading volume of $413,308,666. ICX price is up 29.1% in the last 24 hours. It has a circulating supply of 690 Million ICX coins and a total supply of 800 Million. If you are looking to buy or sell ICON, Upbit is currently the most active exchange.

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.

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Bhuvana
Bhuvi is a passionate blogger, working on many news websites as a freelance writer. She covers sports news in TRENDING NEWS.

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