The crypto market is trying to move forward in a green, a red light. When risk appetite opens, a rally begins and makes its investors happy; War breaks out, sanctions are announced, and investors take refuge in safe havens from risky assets. Something is happening, so what should we do? Buying or selling? To answer these questions, Conor Kenny, a Youtube Channel focused on cryptocurrency, shares an altcoin project ready to explode with huge potential in March 2022. We have prepared the analyst’s posts for Kriptokoin.com readers.
Explosive altcoin according to the analyst: ICON (ICX)
The altcoin project that the analyst sees as potential is ICON (ICX). ICON Network is a layer-1 Blockchain from South Korea. Its announced vision is to create an interoperable Blockchain network that bridges autonomous online communities and real-world businesses. ICON Network focuses on real-world benefit by fostering frictionless value exchanges, enhancing hyper-connectivity.
Conor Kenny explains why he chose this altcoin project because the new president of South Korea promised to unleash South Korea’s crypto industry. According to the analyst, this is very optimistic news for South Korean crypto-derived altcoin projects. The analyst makes the following predictions:
Thanks to this news, the price of ICX increased by 60%. This token is trading at $0.8 and this is a great opportunity here. This could easily do 12x to get back to where it was before, a little more than that, maybe 13 or 14x.
Altcoin was trading at $0.7785, down 5.53% in the last 24 hours, according to data from CoinMarketCap. The ICX is down 93.8% from the all-time high of $12.64 that it saw 4 years ago.
ICX is a cryptocurrency network launched by a South Korea-based company in 2017. ICX is an associated cryptocurrency token and ICON is essentially a complete Blockchain network. ICON’s purposes are to serve as a kind of Blockchain hub or hub. Interoperability is at the core of what they do. He wants different Blockchains to be integrated together and businesses can basically have a business-oriented Smart Chain ecosystem where they can connect to the project and get the most out of Blockchain using the ICON ecosystem.
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