In this article, we’ll give our and the market’s take on the future of ICX as we discuss Icon’s pricing predictions for 2020 and beyond.
Before we delve into Icon’s price prediction and answer questions about whether ICX is a good investment or not, why will ICX succeed or fail, or as the price of Icon will rise or fall, let’s quickly take a look at what ICX is and its history to date.
Now, let’s get started.
You can buy, trade, and bet ICX on many exchanges, including major platforms such as eToro, Cex.io, Coinbase, and Binance.
The vision of the ICON project is to usher in the new era of decentralization by redefining the meaning of communities and creating a new world by connecting those communities or in their words: “With ICON, we now enter a world of true hyperconnectivity.”
Cryptocurrency Icon conducted an ICO in October 2017 in which half of ICX’s total supply was sold to the public. The total offer created is 800,460,000 ICX, with 400,230,000 sold to the public and circulating. Regarding the release of the other 50% of the total supply, Icon’s website states: “The emissions of new ICXs will be determined through the annual C-Rep consultation.”
Currently, ICX is outside the top 50 coins by market capitalization.
ICX Coin Price Prediction
ICX, like the rest of the market, is tied to the hip of bitcoin price action. If bitcoin embarks on another bull run, ICX can hope for one as well. Bitcoin usually has a cooling phase after its mega bull runs and that’s when altcoins take over and have a field day with bulls, often doubling or tripling their price in a few days.
ICX Price Prediction 2023
High inflation and the extremely dangerous macroeconomic situation have been heavily reflected in the price of Bitcoin in 2022. When we take the internal crypto issues with big players like FTX, Celsius, Voyager, Luna going down, 2023 doesn’t look too good for bulls. We’ll likely see a lot of boring sideways price action with a tendency to slide down with each minor market tremor.
Most projects will fail: some startups are created only to raise money and disappear, some would not handle the competition, but most are just ideas that look good on paper, but are actually useless for the market.
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are many very bad ideas, and
there are many very, very bad ideas, and also some scams”
Icon (ICX) Price Prediction 2025 – 2030
As a result, more than 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of the projects will become the new Apple, Google or Alibaba in the cryptocurrency sector. Will ICX be among that 5%?
It is more than plausible.
ICX has built a robust ecosystem and the team is pushing both sides simultaneously: the technology side and the commercial side.
Among the many partnerships, some of the main ones include:
Partnership with Woori Bank and Nonghyup Bank, two of South Korea’s largest banks; with the largest healthcare blockchain consortium in South Korea; Partnership with the largest insurance consortium in South Korea supported by the Ministry of Science; Partnership with Samsung; Partnership with Daily Financial Group etc.
There is also the advantage of coming from South Korea. One of the main advantages of Icon is that it is the largest blockchain project from a very tech-savvy South Korea. It is a nation ready to embrace technological change. You could probably nail this to Korea’s incredible economic development in the second half of the 20th century, when it was transformed from an impoverished country in the aftermath of the Korean War into a wealthy nation with the 12th largest economy in the world.
As reported by Quartz, more than 30% of employees within South Korea have owned cryptocurrency at some point. The ICON blockchain project was initiated by Korean fintech startup incubator Dayli Financial Group, which also owns Coinone, one of the country’s largest crypto exchanges><.
While there are many competing projects seeking to connect various industries and public sectors in other countries, ICON has established itself as the only real contender to dominate blockchain development in South Korea.
ICX is expected to see major gains with Korean markets building steam and overall crypto markets building momentum. ICON has a decentralized exchange for OTC exchanges, they were created by one of the largest financial groups in South Korea.
All this summarized and turned into a concrete number by our forecasting model gave us an ICX price in 2025 to:
How much will ICX be worth in 5 years?
The price of ICX in 5 years could be around $ 0.2153
How much will ICON be worth in 2030?
Our forecast model sees ICON reaching $0.5468 in 2030.
How much will ICON be worth in 2040?
Our forecast model sees ICON reaching $1.09 in 2040.
Will ICON replace/surpass/surpass Bitcoin?
No, ICON will not replace or exceed BTC.
Can ICON reach $10?
Yes, it is possible that ICON could reach $ 10 but only in the distant future, after 2030.
Can ICON reach $100?
No, our forecasting model sees no chance for ICON to reach $100 in the short or medium term.
Is ICON worth buying?
We are supporters of moderately risky investments: invest most of your cryptocurrency portfolio in BTC (50%); 35% in a basket of large-cap coins and the rest in small projects with huge increases. So, in this context, it is worth buying ICON.
Is ICON a good investment?
ICON is, just like all other cryptocurrencies, a risky investment. It is more likely to go up than down because of the good use case, well-designed tokenomics, active community, and a strong team behind it.
How much will ICON be worth?
For the short-term future, it could reach $0.0884. In the long term (8-10 years), it could jump to $0.5468 or even higher.
Why will ICON succeed and increase in price?
ICON has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that’s why our forecasting model sees ICON rise to $0.5468 in 2030.
Why will ICON go bankrupt and decrease in price?
Cryptographic projects fail for various reasons. Some of the most common are: the team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of a well-designed marketing strategy, loss of community support, potential vulnerability in the protocol, failure to achieve the minimum development activity foreseen on the protocol, inability to attract new developers to build on their platform.
How high will ICON go?
Our prediction model sees the ICON price explode and reach $1.09 in the distant future.
Can ICON make you a millionaire?
Yes, if you buy a large enough sum. Don’t expect to invest $100 and become an ICON millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in ICON could make you a millionaire.