Breaking Down ICON - Full Analysis
Time for a fresh look at ICON. The market dynamics here are worth examining closely.
📈 Current Price Action
The price sits at $0.06 right now, with 0.45% movement in the last 24 hours. The 7-day trend is showing strong bullish momentum, which is worth noting.
ICON price movement over the last 7 days
💰 Market Metrics
With a market cap of $65.27M, it's ranked #577 in the crypto market. The 24h volume of $3.57M represents 5.47% of the market cap, which indicates moderate trading activity.
| Metric | Value |
|---|---|
| Current Price | $0.06 |
| 24h Change | +0.45% |
| 7d Change | +8.98% |
| 30d Change | -10.13% |
| Market Cap | $65.27M |
| 24h Volume | $3.57M |
| Market Rank | #577 |
🪙 Supply Dynamics
Currently $1.09B coins are circulating from a total supply of $1.10B.
📊 Historical Context
The all-time high was $13.16, and we're currently 99.54% below that level. The all-time low sits at $0.05, which means we're 21.63% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
🤔 My Take
Looking at the underlying metrics, ICON is showing strength. The fundamental metrics show room for growth if fundamentals improve.
Remember, higher volatility means higher risk. Position sizing is crucial.
🎯 Final Thoughts
That wraps up my deep dive into ICON. As always, these are just observations based on current data. I'd love to hear your thoughts - are you bullish or bearish here?
This is not financial advice. Always do your own research before making investment decisions.
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