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Shotokhan
May 18, 2023 11:16 PM

ICX: is it still alive? 

ICON / TetherUSBinance

Description

I've stopped to follow ICX but today I ended up on a DEX where years ago I moved a small bag of them I own, so I went back to check the chart. I know ICX blockchain is used in Korea (for ID cards or something like that) but I really have no idea if there are chances for another run. Anyone knows something?

Assuming history will repeat (I'm not a big fan of this theory but it's the only think I can suppose right now) I foresee two options:

1) orange forecast: based using the highest volume on the weekly as a pivot for the upcoming rise of price
2) blue forecase: based on time from last peak and ruling out the big dump between the two weekly peaks

If scenario 1 is right we should test ATH in June 2024 while if the correct scenario is the number 2 then 2024 will see an uprise of prices but it should take 2025 to get to past ATH and probably 2026 for new highs.

I tend to think that scenario number 2 is the more likely assuming ICX is not a dead coin.

If anyone of you is informed on this coin please share your knowledge.

Thanks
Comments
aktasmelik
Xcall,BTP and more
usefulTacos98810
im delegating votes on icon wallet and believe it will reach up to 40usdt. ath sits on 12 usdt. your chart is not showing full history
Shotokhan
@usefulTacos98810, I've some ICX on balanced but they changed the rules, I don't get any new reward if I don't get a loan. Where do you delegate? I don't think it'll ever go back over 10 USDT but if you staked them where we can get some more ICX let me know. Thanks
usefulTacos98810
@Shotokhan, use "my icon wallet" in order to get rewards for delegated votes
Shotokhan
@usefulTacos98810, I found it but where can I find the % of APR or APY I get?
usefulTacos98810
@Shotokhan, i have chosen randomly by rank. having 10k icx geting 2 icx a day. There is no info about APR or APY on mobile app. maybe there is more info on desctop version. I do not know
Shotokhan
@usefulTacos98810, at the current APR with my amount of ICX it takes me almost a year to get 1 ICX. I've just made the math. But I don't want to buy more of them, there are other projects with more potential. It's a pity because instead of going on balanced I could have gone directly on this one back 2 years ago
aktasmelik
@Shotokhan, i have more than 300k, its give 60 ICX daily
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