ICON Overview: Understanding Its Functionality
ICON is a blockchain network designed to facilitate communication among various communities and blockchains in a decentralized manner. The primary objective of the ICON development team is to establish a decentralized infrastructure for web applications across multiple sectors. The ICX tokens are compliant with the ERC-20 standard, and the platform hosts several independent blockchains. ICON aims to enhance transaction efficiency between different blockchains, even if they employ different consensus mechanisms. Operating under a principle similar to the Internet, which integrates numerous protocols, the ICON project seeks to construct a versatile environment that caters to various blockchain types. The cryptocurrency’s creators drew inspiration from established systems like Bancor and Ethereum during its development. The ICON blockchain utilizes a Delegated Proof-of-Contribution protocol, closely resembling the Delegated Proof-of-Stake mechanism. There are primarily two types of users within the ICON ecosystem: Citizen Nodes, which can be individuals or organizations, and Public Representatives, who validate transactions and partake in the governance of the ICON blockchain. This cryptocurrency has significant potential applications across various fields, including e-commerce, securities trading, financial institutions, and educational establishments. Decentralized applications (dApps) are being built on the platform, with popular examples including currency converters, payment solutions, and blockchain identification systems. Applications designed to verify authenticity in one network can also be leveraged by other platforms. The ICX token identification mechanism can be utilized by diverse financial organizations.
Key Features of ICON Cryptocurrency
The ICON cryptocurrency boasts exceptional compatibility, allowing it to interact seamlessly with other prominent cryptocurrencies such as Bitcoin and Ethereum. This feature is crucial for facilitating the integration of digital currencies into everyday transactions. The platform itself is decentralized, a characteristic common to most blockchain initiatives. Every blockchain linked to the Nexus platform has foundational functionalities. According to the cryptocurrency’s developers, their design embodies the essence of true self-governance. The Nexus platform offers extensive capabilities for collaborative problem-solving within the overarching network framework. Built on the Loopchain model, the ICON cryptocurrency ensures smooth online transactions through an advanced iteration of smart contracts, primarily intended for corporate applications. A notable aspect is that these smart contracts can communicate with other platforms utilizing the ICON framework. The ICX token is fortified with robust security measures, employing a consensus mechanism based on the Loop Fault Tolerance algorithm, which is a modified version of the Byzantine Fault Tolerance model. This design is particularly distinguished by its speed and aims to facilitate systematic updates to the platform without the need for hard forks. Additionally, the ICX blockchain features a modified Loopchain capability known as Smart Contract on Reliable Environment (SCORE), which is designed to execute transactions within the existing blockchain ecosystem without relying on supplementary mechanisms. This function is adaptable for various applications.
Current Pricing and Market Sentiment for ICON
A real-time update indicates that the current price of ICON stands at $0.08 USD. An analysis of technical indicators points to a prevailing bearish market sentiment, with 80% of indicators suggesting a bearish outlook, alongside a Fear & Greed Index score of 26, indicating fear in the market. Over the past month, ICON has experienced 43% green days, accompanied by a price volatility of 7.47%.
Profit Calculation for ICON
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Technical Analysis of ICON (ICX)
When assessing potential trading opportunities for digital assets, it is vital to consider market sentiment. The bullish momentum seems to be diminishing, suggesting a timely opportunity to sell and secure profits. Observing the four-hour chart, ICON shows signs of bullish behavior, with the 50-day moving average trending upward, indicating a robust short-term trajectory. However, the 200-day moving average has been declining since August 11, 2025, signaling a weaker long-term trend. On the daily chart, ICON appears bearish as the 50-day moving average, currently above the price, is decreasing, which could hinder future price movements. Similarly, the 200-day moving average has been on a downward trend since October 14, 2025, reflecting long-term weaknesses. In the weekly timeframe, ICON also seems bearish, with the 50-day moving average positioned above the price and falling, which could act as resistance. The 200-day moving average has shown a decline since April 27, 2025, supporting a downward trend.
Price Predictions for ICON (ICX) in the Coming Days
Here are the projected price changes for ICON over the next few days:
- November 12, 2025: $0.0827 (-0.99%)
- November 13, 2025: $0.0828 (-0.87%)
- November 14, 2025: $0.0828 (-0.87%)
- November 15, 2025: $0.0828 (-0.87%)
- November 16, 2025: $0.0832 (-0.39%)
- November 17, 2025: $0.0839 (0.44%)
- November 18, 2025: $0.0846 (1.28%)
- November 19, 2025: $0.0852 (2%)
- November 20, 2025: $0.0851 (1.76%)
- November 21, 2025: $0.0847 (1.4%)
- November 22, 2025: $0.0845 (1.16%)
- November 23, 2025: $0.0841 (0.68%)
- November 24, 2025: $0.0836 (0.09%)
- November 25, 2025: $0.0831 (-0.51%)
- November 26, 2025: $0.0825 (-1.23%)
- November 27, 2025: $0.0807 (-3.39%)
- November 28, 2025: $0.0790 (-5.42%)
- November 29, 2025: $0.0772 (-7.58%)
- November 30, 2025: $0.0752 (-9.97%)
- December 1, 2025: $0.0730 (-12.6%)
- December 2, 2025: $0.0708 (-15.24%)
- December 3, 2025: $0.0688 (-17.63%)
- December 4, 2025: $0.0700 (-16.2%)
- December 5, 2025: $0.0711 (-14.88%)
- December 6, 2025: $0.0722 (-13.56%)
- December 7, 2025: $0.0729 (-12.72%)
- December 8, 2025: $0.0732 (-12.37%)
- December 9, 2025: $0.0735 (-12.01%)
- December 10, 2025: $0.0737 (-11.77%)
- December 11, 2025: $0.0735 (-12.01%)
Long-Term Price Forecast for ICON (ICX)
Forecasts for ICON’s price have been compiled for the following years:
- November 2025: $0.0752 – $0.0802
- December 2025: $0.0750 – $0.0744
- January 2026: $0.0749 – $0.0940
- February 2026: $0.0749 – $0.103
- March 2026: $0.0748 – $0.112
- April 2026: $0.0748 – $0.120
- May 2026: $0.0747 – $0.129
- June 2026: $0.0747 – $0.138
- July 2026: $0.0746 – $0.147
- August 2026: $0.0745 – $0.156
- September 2026: $0.0745 – $0.165
- October 2026: $0.0744 – $0.173
- November 2026: $0.0744 – $0.182
- December 2026: $0.0743 – $0.191
Price Predictions for ICON (ICX) from 2027 to 2050
- 2027: Estimated prices range from $0.2696 to $0.3156, with an average of $0.2790.
- 2028: Expected minimum price could be $0.3942, with a maximum of $0.4681, averaging around $0.4054.
- 2029: Predictions suggest prices could vary from $0.5745 to $0.6884, averaging $0.5948.
- 2030: Anticipated minimum price at $0.7994 and a maximum of $0.9963, averaging at $0.8232.
- 2031: Projected trading range between $1.15 and $1.33, with an average of $1.18.
- 2032: Forecasts indicate a high of $2.04 and a low of $1.65, averaging at $1.70.
- 2033: Expected to trade between $2.49 and $2.87, with an average of $2.57.
- 2034: Projections show a maximum of $4.23 and minimum of $3.69, averaging $3.81.
- 2040: Analysts predict a maximum of $73.73 and a minimum of $59.24, with an average of $63.97.
- 2050: Forecasts indicate a high of $95.02 and a low of $81.40, averaging $85.44.
ICON Price Summary
Recent data indicates that ICON is currently priced at $0.08, ranking 340th in the cryptocurrency market. The circulating supply of ICON is approximately 1,079,840,000 ICX, with a market capitalization of $88,319,500. In the last 24 hours, the asset has seen a slight decrease of $0.0007. Over the past week, ICX has experienced a notable upward trend, rising by 12.35%. Although the price has dipped by 2.16% in the last month, this could present a lucrative buying opportunity for potential investors.
