ICON ICX Token Value Jumps In Price After Bithumb Exchange Listing
The ICON (ICX) seems to have gotten a new leaf of life; after the confirmation that this coin will be listed on two major exchanges, that is Upbit and Bithumb. All this is coming at a time when the crypto market is experiencing some lows all thanks to the government regulations. The new move has seen the interests to surge to their all-time high in the past few months, something to look out for.
Additionally, to this good news that is circulating the crypto market, you are now able to change the KRW, Korean Won, with the ICX coins from the various exchanges. As a result, this has led to the value of the ICX to increase from $2.62 to about $3.74; this is around 34.63% increase in just 24 hours, a very impressive move that is making most investors smile to the bank.
Will this surge be sustainable?
It is the big question that is running through investors’ minds. Having ICX listing with some of the most popular listings in Korea means it will, and it is gaining the much-needed popularity within the Korean market. But this is not all it needs to keep the surge going; the coin will also need to be acceptable in the global market.
If this impressive current surge is to go by, it is clearly sending a global message that this is the coin investors should be looking into as it is coming of age, because South Korea is just the launching pad for the promising coin. Some more good news for the various token holders around the world is the pairing of the ICX with some of the first fiat currency. What this means, when there is increased pairing around the coin it means there is also increased trade value and volumes.
As a result, with the pairing, it has seen this promising coin to gain significantly against some of the major cryptocurrencies that have been around the market in just 24 hours. For example, the currency has been able to achieve about 35.19% and 36.75% against the famous Bitcoin and Ethereum coins respectively.
What is the future of ICON?
With the coin being listed on Upbit and Bithumb it is making an obvious statement, that is, it could achieve its goals in the year 2018. It will also see this potential coin gain global acceptance through mass adoption, and this is a huge possibility in just a few months as most users see this coin as a spendable currency. It is clear there are no current investors that are able to resist the value of the ICX token.
If you don’t know it already, this coin has been packaged in a manner that it is the future of easy spending. This particular coin could offer businesses great opportunities, as an ideal business tool and structured to be the perfect governance coin. The listing of the currency on these two exchanges is just one of the ways it is warming up to more adoption to the local investors and also in the global crypto space.
If you have not invested in this coin just yet, then this should be the next move you should be getting into, you wouldn't want such a promising investment to just pass you by. As it is clear it is one that will go places and take many investors to the promised land of opportunities.