ICON (ICX) grows gradually and steadily, adding another 4% overnight to a price of $4.41. The token, seen as one of the promising networks for 2018, and lately, the status as the “Korean Ethereum” has been ascribed to ICX.
For now, it is encouraging that the news of the long-awaited launch of the ICO platform has not caused significant selling. The ICON project has significant milestones to cover in 2018, ensuring a steady flow of expectations and news.
!ICON!
The ICON project has launched its main net in January, putting it ahead on the roadmap compared to projects like TRON. However, the project still has milestones to reach, such as an Android wallet, wider adoption, and opening up some of its code on GitHub for greater transparency.
https://twitter.com/MadeinDUSA/status/990797247326670848
For now, ICX has taken the position of a “sleeper asset”, taking up around 1.2% of Binance crypto deals, with some activity on other Asian exchanges. But with a price of around $4, ICX lines up among the relatively low-priced platform assets.
Buying into ICX with the hope of having an ICO ecosystem may be more accessible for newcomers, as other platforms like NEO or QTUM command a greater market price. However, at this point, ICX remains a long-term proposition. Still, the asset has proven capable of rapid spikes and volatility, rising above $10 before sliding to as low as $3.
After the mention of ICX as one of the biggest bets for Pantera Capital, a dedicated crypto investment fund, the asset has attracted more attention. The biggest attraction, however, is the potential for a breakout and a steep price climb, envisioned by technical analysts. For now, ICX has grown slower than expected - but a return to double-digit prices is seen as possible.
This article appeared first on Cryptovest
