Welcome to the ICX price prediction article. In this article, you will learn everything about the future price of ICON (ICX).
ICX Coin is the native cryptocurrency of the ICON Network, which aims to build a decentralized network of networks.
Due to the brilliant concept of the ICON Network, people are interested in investing in ICX.
You must have also thought of investing in ICON (ICX), but the question comes that how much will ICX crypto grow? In this article, you will find out how much ICX has the potential to grow.
What Is ICON (ICX)?
A South Korea-based organization called the Icon Foundation released the Icon Project in 2017.
The ICON platform is built to facilitate connections between the various programs of the various blockchains on its network.
Every blockchain community uses its own blockchain network, Icon is going a step further to connect different blockchain networks.
ICON’s blockchain technology is part of the Decentralized Finance (DeFi). Blockchain communities connect to ICON Network through the decentralized exchange.
The ICON Network has several blockchain partners, who use its network in the fields of finance, government, security, insurance, health care, education, etc.
Some of the most popular partners of the ICON network are Samsung, LINE, Shinhan Bank, and the Seoul Metropolitan Government.
ICX is a native cryptocurrency of the ICON network. In September 2017, an initial coin offering (ICO) for the cryptocurrency, ICX, raised 150,000 ETC coins, approximately $43 million in sales of 50% of Icon’s token supply.
ICX is the currency of the ICON applications. It is used for transactions on the blockchain.
ICX coins can be used to participate in the ICON network’s governance. Users can also earn rewards by Staking ICX coins.
At the time of writing, there are 800 million ICX coins in supply, with no hard cap on the total coin supply.
Where To Buy ICON (ICX)?
ICX is a quite old cryptocurrency, therefore it is available on almost all famous cryptocurrency exchanges.
You can easily buy ICX coins on exchanges like Binance, Kraken, Gate.io, Huobi Global, etc.
We recommend that you should buy cryptocurrency from popular crypto exchanges as they are easy to use and considered to be highly secure.
How To Buy ICON (ICX)?
The process of buying ICX is very simple. Just follow the steps given below and you’ll be able to buy ICX.
Step 1: Create an account on a cryptocurrency exchange.
To buy any cryptocurrency you must have an account on a crypto exchange, you can easily create it with your Email address.
Step 2: Verify your account on Cryptocurrency Exchange.
You can verify your account on a crypto exchange by providing information like your name, date of birth, country of residence, phone number, etc.
It is important to verify your account on a cryptocurrency exchange in order to increase the security of your account and access additional features.
Step 3: Deposit funds into your account.
To buy any cryptocurrency you need to deposit money into your crypto exchange account. You can use a bank transfer, debit card, or credit card to deposit fiat money into your account.
Step 4: Search for ICX on the crypto exchange and make your purchase.
Done, you have successfully purchased ICX tokens. You should see your purchased coins in the wallet section on a crypto exchange.
Step 5: (Optional) Transfer your crypto to a secure crypto wallet.
If you’re planning to hold your coins for the long term then you can transfer them to a secure crypto exchange. This is optional as crypto exchanges usually hold your coins for you.
Past Performance of ICON (ICX)
The ICX coin debuted in 2017 with the price of $0.50, we will see how ICX performance from November 2017 to Jan 31, 2022, so you can get an idea of how ICX has given returns to investors earlier.
On 1st November, the price of ICX was $0.6655, at this time the price of the crypto was increasing rapidly. On 2nd Nov, the price jumped from $0.6655 to $1.08, the price went high to $1.73 in this month.
The price of ICX was also rising rapidly in December 2017, the price on 1st Dec was $1.35, the coin performed so well this month that its price rose to $5.18 by the 31st Dec.
The price of ICX continued to rise in January 2018, ICX broke all records and reached above $12 this month.
The faster the price of ICX rose, the faster it started coming down after January 2018. From Feb 2018 the price of ICX started coming down drastically, by the end of august the price fell to $0.8664.
The entire year of 2018 was the worst for ICX after January. By the end of the year, the price had dropped to $0.2459.
There was no improvement in the price of ICX in 2019, the price at the end of 2019 was even lower as compared to December 2018, the price of ICX at the end of 2019 was $0.116.
Even in 2020, the price of ICX did not improve much, rising to only $0.64 during the year.
In 2021, the price of ICX was fluctuating a lot, but managed to reach $3, and was trading between $2 and $1 at the end of the year.
In the current year i.e. 2022, the price of ICX went down from the $1 mark. ICX is trading between $0.60 and $0.90 at the present time of writing.
Looking at the past performance of ICX, it is understandable that its price has fluctuated a lot. In 2018, ICX price went down after reaching an all-time high of $12 and has only risen to $3 so far.
What Does The Market say?
Let us see what is the ICX price prediction of other websites:
According to Wallet Investor, the average price of ICX could be $0.149 by March 2022 and $0.316 by the end of 2022.
They say the price of ICX will be $0.316 by 2023, $0.5012 by 2024, $0.687 by 2025, $0.871 by 2026, and $1.054 by 2027.
According to PricePrediction.net, the average price of ICX will be $0.16 in 2022, $0.23 in 2023, $0.35 in 2024, $0.49 in 2025, $0.71 in 2026, $1.05 in 2027, $1.58 in 2028, $2.31 in 2029, $3.39 in 2030, and $4.83 in 2031.
Digital Coin predicts that the price of LCX will be $0.15985 in 2022, $0.19104 by 2023, $0.20463 by 2024, $0.25544 by 2025, $0.22953 by 2026, $0.32024 by 2027, $0.40964 by 2027, $0.40964 by 2028, and $0.50185 by 2029.
According to Gov.Capital, the regular price of LCX will be $0.146 in March 2022, $0.380 by 2023, $0.762 by 2024, $1.261 by 2025, $1.876 by 2026, and $2.600 by 2027.
Our Price Prediction about ICON (ICX)
ICX Price Prediction 2022
The ICX price situation is very tough right now, but it may move upwards by the end of the year 2022. We will see that the value of ICX will be $1 by the end of 2022, the price of ICX can fluctuate throughout the year.
ICX Price Prediction 2023 – 2026
We believe ICX will trade with $1 and $2.4 in 2023. ICX coin is expected to rise in 2024, ICX price can exceed $3.2 in 2024.
Icon (ICX) will trade at $3.5 at the beginning of 2025 and will not increase much this year, the price of ICX will increase slightly to $3.5 by the end of 2025.
Our analysis predicts that there will be a good improvement in the price of ICX in 2026, the price may rise to $5.5 by the end of the year 2026.
ICX Price Prediction 2027 – 2030
The price of ICX will rise to $5.7 by mid-2027 and can exceed $6 by the end of 2027.
We believe that the ICX coin will trade between $6 and $8 in 2028. If things go well with ICX, it may cross $9 by mid-2029 and 9.5 by the end of 2029.
The price of ICX will exceed $10 by mid-2030 and the coin will be worth $10.3 by the end of 2030.
Is ICON (ICX) a good investment?
Yes, ICX is good for investment, the price of ICX will increase with time.
Right now, there is no indication that ICX price will go down but anything can happen in the crypto market. We recommend that you should do your best research on ICON (ICX) before investing in it.
The cryptocurrency market is highly volatile and there are many scams in the name of cryptocurrencies. So, never invest in any cryptocurrency before knowing everything about that cryptocurrency.
[Disclaimer: The content of this article is not intended as financial advice, and should not be construed as such. Neither readaboutcrypto.com nor the author is responsible for any investment decision made by any reader.]