ICON (ICX) Reaches Market Capitalization of $263.49 Million

ICON (ICX) traded up 3.6% against the US dollar during the twenty-four hour period ending at 18:00 PM Eastern on June 23rd. ICON has a total market cap of $263.49 million and approximately $8.21 million worth of ICON was traded on exchanges in the last 24 hours. One ICON coin can now be bought for about $0.29 or 0.00001380 BTC on popular cryptocurrency exchanges. Over the last seven days, ICON has traded 10.2% higher against the US dollar.

ICON Profile

ICX is a LFT coin that uses the Loopchain hashing algorithm. Its genesis date was September 19th, 2017. ICON’s total supply is 926,210,351 coins and its circulating supply is 919,483,096 coins. The official website for ICON is www.icon.foundation. ICON’s official Twitter account is @helloiconworld and its Facebook page is accessible here. The Reddit community for ICON is /r/helloicon and the currency’s Github account can be viewed here.

According to CryptoCompare, “ICON Foundation is leading ICON project, one of the largest blockchain networks in the world, launched in 2017 with the vision of ‘Hyperconnect the World’. By using the high-performance blockchain engine, ‘loopchain’, ICON projects to connect various blockchain communities and build an environment where blockchain technology can be applied to real life. ICON supports not only private blockchain projects cooperating with various companies, but also DApp developments in public blockchain sector through strategic partnerships to expand ICON’s blockchain ecosystem. “

Buying and Selling ICON

It is usually not presently possible to purchase alternative cryptocurrencies such as ICON directly using U.S. dollars. Investors seeking to trade ICON should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ICON using one of the exchanges listed above.