In what seems to be a positive start to the week, cryptocurrency traders have moved more value into new digital assets. According to Crypto Briefing, “millions of dollars have been transferred from relatively safe holdings, like Bitcoin (BTC) and Tether (USDT), into a handful of altcoins listed on the Binance exchange”.
ICON was one of those lucky beneficiaries, with more than 40% of the volume for ICX coming from Binance pairs with BTC and USDT. According to data from CoinGecko, the token traded 17.8% higher against the dollar within the past 24 hours and 18.1% higher in the last 7 days, as of the time of this writing on April 23rd at 12:30 KST. Its total market cap is currently valued at $201,138,272.
This trend, which began earlier today (Asia time) shows signs of great optimism for the market.