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ICON Jumps 50% Following News Of Bithumb Listing & Airdrop

Today it was announced that Bithumb, one of the biggest crypto exchanges in South Korea is adding ICON (ICX) to their trading platform. In their announcement, Bithumb also gave details on an ICON airdrop event for their users. This airdrop will occur on Friday the 6th of April.

Following this news, the price of ICON shot up over 28.7% in a matter of an hour. At the time of this writing, ICON is up 53.91% in the last 24 hours according to Coinmarketcap.

 

icon price last 7 days as of 21st of march

 

Source: https://coinmarketcap.com/currencies/icon/

This news could indicate great times ahead for ICON, as South Korea’s cryptocurrency trading is starting to thrive once again. Just recently it was announced that South Korea is going to unban ICOs. South Korea was previously one of the biggest countries in terms of trading volume, which pushes prices upwards. They even traded a variety of cryptocurrencies at a 20-50% premium at one time.

There are also rumors flying around that ICON (ICX) is going to be listed on all other major Korean exchanges, except Coinone. This rumor was announced by Twitter user @CryptoOfKorea

 

 

useacoin.com is not a financial advisor and does not provide legal or financial advice. Always do your own research and invest responsibly. 

 

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