ICON (ICX) Coin Review

ICX PRICE PERFORMANCE

ICX is currently down by 96% from its all-time high price. ICX was trading at its highest of $12.04 three years ago, but has lost 96% of its value now to trade at $0.404 per coin. Similar to other cryptos, ICON enjoyed the Bull Run of 2017 but has yet to recover since then.

ABOUT ICON

The ICON Project aims to build a decentralized network that allows independent blockchains with different governances to transact with one another without intermediaries. ICON was created to address perceived limitations in developing and deploying “real-world applications” for decentralized, consensus-driven, block-chain-based technologies.

ICON DEVELOPMENTS

The ICON development team is very active and continues to roll out updates to improve the network. At the moment, they are working on integrating block and state databases for better management and fault-tolerance, enhancing the performance of the underlying P2P network platform, enhancing the consensus algorithm for more liveness.

EXCHANGES ICON IS LISTED ON

ICON is a popular cryptocurrency, which is why it is listed on numerous crypto exchanges, including; Binance OKEx, Huobi, Kraken, Bittrex, Upbit, HitBTC, Bithumb, and numerous others.

INVESTORS

ICX has numerous institutional investors that have invested in the project. Some of these investors include; Coinstelegram Fund, Plasma Capital, RocketFuel, 8Decimal, Astronaut Capital, Pantera Capital, and more.

TRADING VERDICT

ICX is a popular cryptocurrency, and despite losing 96% of its value, it continues to attract investment from institutional investors. The ICON development team is active and continues to roll out updates that would improve the network and offer more usability for the ICX coin.

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