Iconomi (ICN) Live Price Chart & History

Live ICN / USD Price Chart

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Price USD 11.69%
$2.914070
Price BTC
0.0002295
Volatility (7d)
2.79 %
Volatility (30d)
2.61 %
Market Cap USD
$290.8M
Market Share
Since launching at $0.198937 on 30/09/2016 Iconomi has achieved a price of $2.91407, falling -28.46% in the last week alone.

Iconomi Price Analysis: Predictions and Forecasts

Why buy Iconomi? What is it used for?

ICONOMI is about disruption - the “uberisation” of fund management. We are pairing the business-model fundamentals of the crypto-world and the obvious trend of platform domination with new technological possibilities... ICONOMI’s mission is to cater to investors looking for high profits, not possible in the old economy. It will do so through a simple and trustworthy entry point, providing them with excellent experience, which is crucial for keeping them investing in the new economy. With your help, ICONOMI will bring an influx of fresh capital into the distributed economy, providing funding for exciting new projects and boosting the value of digital assets along the way. ICONOMI is creating the missing link between the old and the new economy. Speaking the language of the old economy and acting by the principles of the new one, ICONOMIs transparent management will be provided by an EU legislation compliant and regulated service operator.
Iconomi was launched in 30/09/2016. It uses the Proof of stake method of consensus, and is based on the N/A algorithm. Iconomi's goals include Decentralized Index fund, Lowering volatilty by following the the total crypto market, Mixing digital assets in 1 token, Build your own asset mix simple purchase, low entry barrier, lower risk because of diversification, Dividend yield by buying back their own tokens at current market price and burning those tokens the total supply gets less which makes the price go up..

Trading Iconomi : The Best Platforms to trade ICN

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Iconomi Trading: How To Buy + Trade ICN

Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
  1. Create a Bitcoin, Litecoin or Ethereum wallet
  2. Create a Iconomi wallet to recieve your coins
  3. Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
  4. Transfer the major coin you have bought to an exchange that trades ICN
  5. Exchange your BTC, ETH or LTC for an amount of ICN, depending on the current exchange rate
  6. Move your Iconomi coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

The downsides of trading ICN on an exchange

As you can see, the process for trading Iconomi is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.

Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of Iconomi crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.

What's the alternative?

If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:

  • The brokers are established and regulated by financial conduct authorities
  • Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
  • Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
  • Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before Iconomi goes to zero

You can see our list of featured trading platforms here

Will the price Iconomi fall continue to rise?

It's impossible to predict for sure if Iconomi is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days Iconomi has fallen by -28.46%
  • In the past month it has gained 17.832317380615%
  • In total it has appreciated by $2.715133 since its inception, a change of 1,464.82%

Can Iconomi reach, replace, pass or overtake bitcoin?

At present Iconomi is trading at 0.0002295 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 435,729.8%. If we assume Iconomi continued to as it has in the last month - with a price change of 17.83% it would take 4.3401641084241 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of ICN is going to take off and increase in price to a higher level we've done the math for you.
In order for Iconomi to reach $5.00 it needs to increase in price by a factor of 1.72x. Given its present growth rate of 17.83% per month, it could take just 2.4 months to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week6.7%93.2%
1 month23.5%76.4%
3 months33.8%66.1%
6 months38.4%61.5%
1 year41.8%58.1%
2 years44.1%55.8%
3 years45.2%54.7%
4 years45.8%54.1%
5 years46.3%53.6%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Iconomi to reach $10.00 it needs to increase in price by a factor of 3.43x. Given its present growth rate of 17.83% per month, it could take just 5.6 months to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%99.9%
1 month4.9%95%
3 months17%82.9%
6 months25%74.9%
1 year31.8%68.1%
2 years36.9%63%
3 years39.2%60.7%
4 years40.6%59.3%
5 years41.6%58.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Iconomi to reach $15.00 it needs to increase in price by a factor of 5.15x. Given its present growth rate of 17.83% per month, it could take just 7.4 months to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%99.9%
1 month1.4%98.5%
3 months10.3%89.6%
6 months18.5%81.4%
1 year26.5%73.4%
2 years32.8%67.1%
3 years35.8%64.1%
4 years37.6%62.3%
5 years38.9%61%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Iconomi to reach $25.00 it needs to increase in price by a factor of 8.58x. Given its present growth rate of 17.83% per month, it could take just 9.7 months to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0.2%99.7%
3 months4.8%95.1%
6 months12%87.9%
1 year20.5%79.4%
2 years28%71.9%
3 years31.7%68.2%
4 years34%65.9%
5 years35.6%64.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Iconomi to reach $50.00 it needs to increase in price by a factor of 17.16x. Given its present growth rate of 17.83% per month, it could take just 1.1 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%99.9%
3 months1.4%98.5%
6 months6%93.9%
1 year13.8%86.1%
2 years22%77.9%
3 years26.4%73.5%
4 years29.3%70.6%
5 years31.3%68.6%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Iconomi to reach $100.00 it needs to increase in price by a factor of 34.32x. Given its present growth rate of 17.83% per month, it could take just 1.3 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
3 months0.3%99.6%
6 months2.6%97.3%
1 year8.7%91.2%
2 years16.9%83%
3 years21.7%78.2%
4 years24.9%75%
5 years27.2%72.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Iconomi to reach $200.00 it needs to increase in price by a factor of 68.63x. Given its present growth rate of 17.83% per month, it could take just 1.6 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months1%98.9%
1 year5.2%94.7%
2 years12.6%87.3%
3 years17.4%82.5%
4 years20.9%79%
5 years23.4%76.5%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Iconomi to reach $300.00 it needs to increase in price by a factor of 102.95x. Given its present growth rate of 17.83% per month, it could take just 1.7 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.5%99.4%
1 year3.8%96.2%
2 years10.4%89.5%
3 years15.2%84.7%
4 years18.7%81.2%
5 years21.3%78.6%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for Iconomi to reach $400.00 it needs to increase in price by a factor of 137.27x. Given its present growth rate of 17.83% per month, it could take just 1.9 years to hit a price target of $400 USD

What is the probability of hitting $400.00 over time?

Time periodChance final price > $400Chance final price < $400
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.3%99.6%
1 year2.9%97%
2 years9.1%90.8%
3 years13.8%86.1%
4 years17.3%82.6%
5 years19.9%80%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is Iconomi a good investment? Is it safe to put my money into ICN?

No, it is not a 'good investment' to buy Iconomi, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Iconomi as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of ICN - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

Iconomi Development + Team

There are 4 developers coding the source behind Iconomi There are no sales or marketing staff on the team which could impede the coin's growth.

Iconomi publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team for Iconomi is lead by Tim M. Zagar,

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on Iconomi's development

.

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