Icon Price Analysis : ICX/USD Price Spikes up to 12% with Latest Updates

The cryptocurrency market has been surrounded by the bears over the past few days. Only a few altcoins are gaining momentum and growing with a bullish trend. ICON (ICX) is reporting interesting movements at the time of writing.

According to coinmarketcap, the ICXcoin has increased 12.10% against USD and trading at $0.403622 USD. Also, in term of ICX/BTC the price surged up to 36.44%  with trading value 0.00007304 BTC .

At present, the coin has entered in the top 50’s and is ranking in 39th position, holding market cap $191,077,486 USD  with $39,648,094 USD 24 hour volume and 473,406,688 ICX circulating supply.

Recent updates :

ICON (ICX) is a cryptocurrency Lead by the Seoul-based ICON LOOP aspires to build a decentralized network that provides different blockchains for transaction. However, the main objective of the project is to unify the balkanized blockchain ecosystem through its protocol and community-building initiatives

Today, the firm  announced that the P-Rep TestNet is opening on April 30th. Basically, the company claims that  TestNet will allow P-Rep candidates to check the technical status of the nodes and simulate activities. This ensures long-term stable operation of ICON Network in the future.

Once the P-Rep TestNet Application Form is submitted, the ICON Team will review the application and provide TestNet access to successful candidates. The P-Rep TestNet will run depending on operational and technical circumstances.

Recently, The ICON Foundation announced its partnership with VELIC. It is a cryptocurrency exchange that participated in the ICX Station accelerator program, in listing opportunities for projects working with ICX Station. With this partnership, VELIC will support the listing of ICON DApps (decentralized applications) on its exchange.

With VELIC as a listing partner, ICX Station will be able to provide projects coming through the program with an avenue to liquidity. VELIC will support the IRC2 standard, thus lowering roadblocks for any ICON based token project seeking liquidity.

What’s your view on ICON (ICX) coin? Share your thoughts on our Facebook and Twitter page.

Also read: Crypto Price Analysis | Crypto Price Prediction |

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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