Iconomi (ICN) plunges -23.57% on December 7-8

December 8, 2017 - By Vivian Currie

Iconomi (ICN) had a bad 24 hours as the crypto declined $-0.43 or -23.57% trading at $1.41. According to Global Crypto Analysts, Iconomi (ICN) eyes $1.55 target on the road to $2.52. ICN last traded at Kraken exchange. It had high of $1.85 and low of $1.18 for December 7-8. The open was $1.84.

Iconomi (ICN) is up 49.54% in the last 30 days from $0.94 per coin. Its down -46.00% in the last 100 days since when traded at $2.61 and the annual trend is up. 200 days ago ICN traded at $1.08. ICN has 100.00 million coins mined giving it $140.94M market cap. Iconomi maximum coins available are 100.00 million. ICN uses algorithm and proof type. It was started on 25/08/2016.

Iconomi is an European based exchange that allows users to easily acquire Ether with EUR. Iconomi has recently expanded into a crowdfunded project the Iconomi Open Fund Management platform. In the Iconomi OFM users can choose between two investment types with different risk and profit levels Coin Traded Funds (CTFs) and Coin Managed Funds (CMFs).

Iconomi (ICN) tokens allow users to vote regarding the platform’s development and they pay out dividends from the profits generated by the Iconomi OFM platform.