ICN final movements

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Garry Kabankin
Oct 14, 2018

On September 27 Iconomi announced switching from ICN to equity tokens eICN. Iconomi will buy ICN from token holders and give back eICN or ETH.

On October 9 Binance delisted ICN and it was followed by:

1. Spike in Daily Active Addresses
2. Rapid and continued network growth
3. Token Age Consumed topped
4. Many tokens been deposited to exchanges this day and days before. After trading was stopped a massive spike on withdrawn tokens is clearly seen
5. And significant amounts of tokens being hold less then one day detected

And final word.

The current market price is 0.0017 ETH with low liquidity (max volume around 16k USD on Kraken).

The price Iconomi is ready to buy back their tokens after November 1 is 0.0019 ETH according to https://medium.com/iconominet/the-technical-and-legal-side-of-iconomis-transformation-542319b96f0f

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Garry Kabankin
Oct 14, 2018

Thanks for reading!

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