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Review on ICON by Hugh Marcheterre

Revainrating 5 out of 5

This is certainly due to the general decline of the crypto-currency market. It…

This is certainly due to the general decline of the crypto-currency market. It’s difficult to say how the coin will show itself further. A lot depends on the rigidity or vice versa of the loyalty of the authorities’ policy. remember about diversification, never bet on only one project, since such an approach can result in a complete loss of capital. Perhaps, on the advice of experienced investors, it would be appropriate to allocate this cryptocurrency to 10% of the total investment portfolio



Pros
  • Availability of real technology application. As of July 2018, ICON signed contracts with 3 educational institutions, 26 brokerage companies and 6 hospitals. Vast schemes for the next two years. The roadmap indicates the launch of its own exchange, the introduction of AI and the integration of large payment systems.
Cons
  • Another problem of the project is inflation, which now stands at about 20% per year. If the trend continues, then the coin is unlikely to significantly increase in price and certainly will not be able to keep the rate. Now the price of ICON’s cryptocurrency fluctuates around 1.5 dollars. This rate is less than the historical maximum by about 800%, but it is almost 1 360% more than the original price of 11 cents.

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