In this article, we will give our own and market’s opinion on ICX future while discussing Icon price forecast for 2020 and beyond.
Before we delve deep into the Icon price prediction and answer questions if ICX is a good investment or not, why will ICX succeed or fail or while will Icon price rise or drop, let’s quickly throw a glance at what is ICX and its to date history.
Now, let’s begin.
You can buy, trade and stake ICX on many exchanges including the leading platforms like eToro, Cex.io, Coinbase and Binance.
ICON Intro
The vision of the ICON Project is to introduce the new era of decentralization by redefining the meaning of communities and creating a new world by connecting such communities or to put it in their words: „With ICON, we now enter into a world of true hyperconnectivity“.
Icon cryptocurrency conducted an ICO in October 2017 in which half of total ICX supply was sold to the public. The total supply created is 800,460,000 ICX, with 400,230,000 sold to the public and circulating. Regarding release of the other 50% of total supply, the Icon website states: “Issuances of new ICXs will be determined through annual C-Rep consultation.”
Currently, ICX is out of the top 50 coins by market cap.
Read also: Best hardware wallets
Captain Altcoin’s ICX Coin Price Prediction 2021
ICX, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, ICX can hope for one as well. Bitcoin usually has a cool-off phase after its mega bull runs and that is when the altcoins take over and have a field day with the bulls, often doubling or tripling their price within days.
Below is a tabular overview of how will ICX develop in the short-term (for the next 90 days) according to our prediction model.
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ICX Price Prediction 2023
High inflation and extremely unsafe macro situation reflected heavily on Bitcoin price in 2022. When we take the internal crypto troubles with big players like FTX, Celsius, Voyager, Luna going down, 2023 is not looking too good for the bulls. We will probably see a lot of boring sideways price action with a tendency to slip lower with each minor market tremor.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of the last months of 2022 and 2023:
The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market.
Vitalik Buterin, co-founder of Ethereum said:
“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”
Icon (ICX) Price Prediction 2025 – 2030
As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will ICX be among those 5%?
It is more than plausible.
ICX did build a solid ecosystem and the team is pushing simultaneously on both fronts: tech and business side.
Between the many partnerships, some of the major ones include:
Partnerships with Woori Bank and Nonghyup Bank, two of the largest banks in South Korea; with the larger healthcare blockchain consortium in South Korea; Partnerships with the larger insurance consortium in South Korea backed by the Ministry of Science; Partnerships with Samsung; Partnership with Daily Financial Group etc.
There is also the benefit of coming from South Korea. One of the major benefits for Icon is that it is the biggest blockchain project coming from a very tech-savvy South Korea. It’s a nation quick to embrace technological change. You could probably pin this to Korea’s incredible economic development in the latter 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 started 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 looking 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 should see major gains with the Korean markets building steam and the 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 price predictions in one place: click here.
All of this summed up and turned into a concrete number by our forecasting model gave us an ICX price in 2025 at:
What will ICX be worth in 5 years?
The price of ICX in 5 years could lie around $ 0.3471, according to CaptainAltcoin’s prediction model.
What ICON will be worth in 2030?
Our forecasting model sees ICON reaching $0.9546 in 2030.
What ICON will be worth in 2040?
Our forecasting model sees ICON reaching $1.91 in 2040.
Will ICON replace / surpass / overtake Bitcoin?
No, ICON will not replace or overtake BTC.
Can ICON reach $10?
Yes, it is possible that ICON can reach $10 but only in a distanced future, after 2030.
Can ICON reach $100?
No, our prediction model sees no possibility for ICON to reach $100 in the short or mid-term period.
Is ICON worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, ICON is worth buying.
Is ICON a good investment?
ICON is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will ICON be worth?
For the short-term future, it could reach $0.1468. In the long-term (8-10 years), it could jump to $0.9546 or even higher.
Why will ICON succeed and go up 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 is why our prediction model sees ICON rising up to $0.9546 in 2030.
Why will ICON fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: 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 well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
How high will ICON go?
Our forecasting model sees ICON price exploding and reaching $1.91 in a distant future.
Can ICON make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a ICON millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in ICON could make you a millionaire.
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- Orion Protocol Price Prediction
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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
Phillip, you are an idiot whom clearly knows nothing about trading crypto. You state $0.27 is realistic price for ICX in 2019, and that the price remaining flat is likely? You realize ICON has various corporate partnerships including universities, banks, insurance, hospitals and even Government ties? There’s also two small companies Samsung and LINE involved with ICON. You’re an idiot. It’s already touched $0.27 twice in the past week! Why would BTC remain flat as well. Bakkt, Fidelity, and NASDAQ are all coming into play in March. You beleive this institutional involvement won’t move the price. Go back to writing reviews on Pokémon cards as crypto is something you obviously know nothing about.
No need for insults if you disagree with the author. Thanks for the comment.
Who is the idiot now? It is end of 2019 and ICX in indeed trading at $0.15. Hats off to the predictors.
Here is my ICON price preidction :
1. ICON has established strong partnership with Samsung and Amazon AWS
2. The project was forged by the Daily group 5B Organization
3. South Korea is world power house leader in blockchain tech, and one step ahead as it comes to mass adoption.
4 BTC dominance will continue to influence alt coins prices
According to those assumptions here is forecast
Dec 2019 : BTC 6000$ ICX 5$
Dec 2020 : BTC 20,000$ ICX 12$
Dec 2021 : BTC 100,000$ – 400,000$ ICX 60$ – 240$
Bad forecast
This author clearly knows nothing about crypto lol BTC and ICX will remain flat for 2019. BTC hit $9,000 in late May, and ICX has already seen $0.44 multiple times in past month. Seriously, stop writing about crypto. You sound completely uneducated on the topic and obviously have no sense of the market. Pokemon cards is your calling
Where does it say BTC and ICX will remain flat? It says “Price will heavily depend on what BTC will do and since many analysts think BTC will not be making big moves in this year, it is hard to expect ICX will do them either.”
Everything needs to be put in a context. Going from $3.8k to $8.5k is historically not a big move in crypto sector. There are literally tons of memes on this topic (making fun of traditional finance sector because of what they call gains).
You are partially right though, the wording needs to be improved to reflect this contextual importance so newbies like you can understand the message behind the analysis.
As for ICX – it was 5.9k sats on January 1st and it is 4.6k sats right now. Please show me the big move there.
Rookies like yourself should really stay out of crypto in this nascent phase, it’s gonna end bad for your home budget.
This article is such a shameful cop-out. It’s like me being asked to ACCURATELY predict the weather and I say “well, it might be warm or it might be cold or maybe something in between” – offcourse, it’s bound to be! By so doing, I have placed myself in a ‘safe’ place where despite the outcome of my ‘forecast’, I will be ‘right’. I have absolved myself of responsibility. It takes too much intellect, responsibility and effort to do the analysis that requires me to say “it will be X degC in the morning and the temperatures will rise to Y by noon” – hence the cop-out. To everyone reading this, take my word – in as far as future crypto prices are concerned, the very truthful answer is this – nobody knows and nobody will see ‘it’ coming. Nobody saw 20K BTC coming, nobody saw 2018 bear market coming – both caught everyone by surprise. I read a LINK forecast yesterday (written beginning of 2019) where they were saying that optimistically, links 2019 ATH will be at most 2 dollars. Well, so far, it’s ATH has been 4.8 dollars and is 1.8 dollars as we speak. They never saw that coming, did they ?
And now?!!
Whooohooo …reading all this in 2021 BTC reached a high of $65000 currently $46000…ETH is about $3400 and ICX went to $13+ and is now $1.30 (going to buy for the blow off top prediction to at least 10X)…