ICON
Last modified on 11. October 2020
Quick Facts
The user known as helloicon launched ICON on 24 August 2017 at bitcointalk.org. coinmarketcap.com subsequently launched the collection of real-time trading data in November 2017.
Quarterly Averages
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, the average trading volume of ICON during the first trimester of 2019 equated to nearly US$ 11.5 m per day. Over the same time frame in the previous year, this figure came to just above ninty m. The trading volume dropped by 87.3 percent accordingly.
For the first trimester of 2019, the average market capitalization equated to nearly US$ 126 m. This figure came to over two bn during the same period in the previous year. Market capitalization dropped down accordingly by 93.8 percent.
Trading Price
The average trading price in the first trimester of 2019 equated to nearly US$ 0.28. This figure came to just above US$ 5.83 during the same period of 2018. The corresponding price drop down was 95.3 percent.
The all-time high of ICON in 2018
The price of the ICON currency reached a high in January 2018 at over US$ 12.6. The equivalent market capitalization of the coin reached over US$ 4.6 billion. This put ICON around certain other digital currencies, such as EOS, Bitcoin Gold, Nano, Qtum and Ethereum Classic, among others.
ICONs all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 245 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 887 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 109 billion.
- ICON (ICX): 4.6 bn US dollars
- Bitcoin (BTC): 245 bn US dollars
- Apple (AAPL): 887 bn US dollars
- VW (VWAGY): 109 bn US dollars
- Date: 9 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of ICON stood at over US$ 0.31 with a market capitalization of over US$ 139 million. In comparison with the peak trading price stated above, this represents a retracement down to approximately 2.5 percent.
Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.
More Details
The ICON-Coin is not generated through mining. It has no maximum number of coins, unlike Bitcoin, for example. Those interested in the source code should also take a look at the GitHub page.
ICON transactions currently in progress can be tracked using this block explorer, which also displays block height and other recent metrics.
To learn more about ICON, download the white paper or find more links to community forums, source code and social media channels, visit icon.foundation.
Markets
EUR
A large market for buying or selling ICON in EUR is Kraken. One Additional trading platform for buying or selling ICON in EUR is Bitvavo.
USD
Two large markets for buying or selling ICON in USD are Kraken and Binance. Additional trading platforms for buying or selling ICON in USD are HitBTC, OKEx and Binance.US, among others.
BTC
A large market for buying or selling ICON in BTC is Binance. Additional trading platforms for buying or selling ICON in BTC are HitBTC, Hotbit and CoinEx, among others.
Social Links
Stop by the following social media channels to speak directly to the ICON team:
1. Or 0.1683 percent, if omitting Bitcoin.