Latest ICE Token Market Data
The current live price of Ice Open Network (ICE) is $0.005816. Over the last 24 hours, its trading volume has reached $5,366,080, while the price has experienced a decrease of 2.97%. The circulating supply of ICE is 1.04 billion tokens, with a total supply also at 1.04 billion, resulting in a 100% circulation rate. This gives Ice Open Network a market capitalization of approximately $6,047,007.
For those interested in analyzing on-chain data, the ICE blockchain can be explored using compatible block explorers.
What Is Ice Open Network (ICE)?
The Ice Open Network (ION) is an innovative blockchain initiative designed to leverage decentralized technology to reshape the digital landscape. The ION blockchain is built for high performance, supporting multi-threading and multi-sharding, which enables it to process millions of transactions per second. This makes it one of the fastest and most scalable blockchains available.
The network is architected to scale horizontally as more participants join, maintaining speed and efficiency even during periods of rapid growth. At its core, ION uses the TON Virtual Machine (TVM) for smart contracts. TVM supports multiple programming languages, allowing developers to build sophisticated decentralized applications (dApps) with ease. It also incorporates formal verification and runtime execution mechanisms for contract invariants, enhancing security and reliability.
What Is the ICE Token Used For?
The ICE token serves multiple functions within the Ice Open Network ecosystem:
- Network Utility: ICE is used for transactions, interactions, and operational activities, ensuring network vitality.
- Governance: Token holders can participate in decision-making by voting on key proposals and upgrades.
- Staking: Users can stake ICE to help secure the network and earn rewards in return.
- IceID: A unique identifier system where fees generated are distributed to ICE stakers.
- IceConnect: A revenue-sharing model that distributes earnings among creators, consumers, node operators, and the Ice team.
- IceNet: Nodes within IceNet receive rewards for services such as operating proxies or DCDN nodes.
- IceVault: Storage nodes are compensated for securely storing user data.
- IceQuery: Decentralized database nodes maintain data integrity and accessibility and are rewarded for their role.
Where Can You Buy ICE Tokens?
ICE is available on several centralized exchanges (CEXs). Always ensure you are using a reputable platform and verify the token contract address to avoid scams.
Some major exchanges that list ICE include:
- Gate.io
- KuCoin
- OKX
- HTX
- MEXC Global
For decentralized exchange (DEX) trading, verify the official ICE token contract address to prevent fraud.
ICE Social Media and Community
You can follow Ice Open Network through these official channels:
- Facebook: https://facebook.com/ice.blockchain
- Twitter: https://twitter.com/ice_blockchain
- Reddit: https://www.reddit.com/r/iceblockchain
- Telegram: https://t.me/iceblockchain
ICE Contract Address
- BNB Chain (BEP20): 0xc335df7c25b72eec661d5aa32a7c2b7b2a1d1874
Frequently Asked Questions
What is the all-time high price of ICE?
The all-time high price for ICE is not listed in the current data. For the most recent historical prices, consider using a reliable market tracking platform.
Which platform is best for buying ICE?
The choice of platform depends on your region, preferred payment methods, and security requirements. Major exchanges like OKX, MEXC, and Gate.io offer ICE trading. Always compare fees, security, and user reviews before choosing.
Is ICE a good long-term investment?
ICE, like all cryptocurrencies, is highly volatile and involves substantial risk. Long-term holding depends on your risk tolerance, market knowledge, and belief in the project’s fundamentals. It is essential to research the team, tokenomics, technology, and market conditions before investing. 👉 Explore more investment strategies
Can I short ICE tokens?
As of now, most major exchanges do not offer futures or ETF leverage trading for ICE. Shorting may not be possible. Always check the latest exchange offerings for updated functionality.
How do I convert ICE to Chinese Yuan (CNY)?
You can convert ICE to fiat currencies like CNY through supported exchanges that offer fiat gateways or P2P trading. Always use secure and compliant platforms for conversions.
What makes Ice Open Network unique?
ION stands out for its scalability, multi-shard architecture, and robust smart contract capabilities. Its use of TVM and emphasis on fair reward distribution across node operators and users also differentiate it from other networks.
Disclaimer: This content is for informational purposes only and is not investment advice. Trading cryptocurrencies carries significant risk. Always do your own research (DYOR) and consider consulting a financial advisor before making investment decisions.