Today I want to take a deep dive into ICON. The numbers are interesting, and I think there's a compelling story here.
π Current Price Action
At $0.02, the price action has been relatively stable lately. We're seeing bearish pressure over the past week.
ICON price movement over the last 7 days
π° Market Metrics
With a market cap of $23.77M, it's ranked #721 in the crypto market. The 24h volume of $2.26M represents 9.50% of the market cap, which indicates moderate trading activity.
MetricValueCurrent Price$0.0224h Change+3.00%7d Change-7.39%30d Change-10.10%Market Cap$23.77M24h Volume$2.26MMarket Rank#721
πͺ Supply Dynamics
Currently $1.10B coins are circulating from a total supply of $1.11B.
π Historical Context
The all-time high was $13.16, and we're currently 99.84% below that level. The all-time low sits at $0.02, which means we're 5.84% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
π€ My Take
When you examine the core data, ICON is in a consolidation phase. The fundamental metrics show room for growth if fundamentals improve.
As with any crypto investment, only allocate what you can afford to lose.
π― Final Thoughts
There you have it - my breakdown of ICON. The metrics tell a story, but everyone interprets data differently. What do you see that I might have missed?
This is not financial advice. Always do your own research before making investment decisions.
0.000 SRY