The world of cryptocurrency thrives on data, volatility, and forward-looking analysis. Among emerging projects in the Web3 ecosystem, Ice Open Network (ICE) has drawn attention since its launch in early 2024. This article provides a comprehensive, data-driven overview of ICE’s price action, on-chain metrics, user sentiment, and long-term outlook—crafted to help investors and enthusiasts make informed decisions.
We’ll explore everything from real-time trading indicators to social dynamics and network health, all while maintaining clarity and relevance for today’s crypto market.
Understanding Ice Open Network
Launched on January 19, 2024, Ice Open Network entered the decentralized space with a vision of fostering open participation and transparent transactions. As a utility token within its native ecosystem, ICE supports network operations, governance, and incentivization mechanisms.
Currently, Ice Open Network is trading at $0.004, with a 1-hour price change of +0.617%—indicating mild upward momentum in the short term. While the maximum supply remains undisclosed, the circulating supply stands at approximately 6.615 billion ICE tokens, contributing to its market dynamics.
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Historical Performance & Price Volatility
Cryptocurrencies are inherently volatile, and Ice Open Network is no exception. Since inception, ICE has experienced fluctuating market conditions without recording significant all-time highs or lows beyond its current trading range.
Despite limited historical depth due to its recent launch, early data shows:
- No substantial ROI since launch (reported as 0%)
- Minimal week-on-week price movement
- A relatively stable but low-volume trading environment
This suggests that ICE is still in the accumulation or awareness phase rather than an active growth or speculative cycle.
Market analysts often look at past performance to project future trends. However, given the lack of robust historical price data and recurring $0.000 entries in prediction tables through 2029, it appears that reliable forecasting models have not yet been established for ICE.
Key On-Chain and Market Indicators
To assess the health and potential trajectory of any cryptocurrency, we analyze a combination of on-chain metrics, trading activity, and economic indicators.
Daily Trading Volume (USD)
ICE recorded a 24-hour trading volume of $3.4 million**, with a peak volume reaching **$5.48 million in more active sessions. A rising volume typically signals increased trader interest and market participation.
A sustained increase in trading volume often precedes price breakouts—either bullish or bearish—making it a critical metric to monitor.
Active Addresses & Transaction Trends
While exact figures for daily active addresses are currently unavailable (marked as "?"), transaction volume remained flat over the past 24 hours (0% change). Similarly, the number of daily and weekly transactions shows no significant surge.
Low transaction activity may indicate:
- Limited real-world usage
- Concentrated holdings
- Speculative trading over utility-driven demand
Supply Distribution: On vs. Off Exchanges
Supply distribution offers insight into holder behavior:
- On Exchanges: ~2.73 million ICE tokens
- Off Exchanges: ~80.6 million ICE tokens
A significantly higher supply held outside exchanges suggests long-term holding tendencies—often interpreted as bullish sentiment. When large portions of a token supply move into cold storage or private wallets, it reduces immediate selling pressure.
However, without knowing the total max supply, this ratio remains partially speculative.
Market Capitalization & Valuation
With a current market cap of $24.32 million**, Ice Open Network ranks around **#661** in the global crypto market. Its fully diluted valuation stands at **$94 million, indicating room for expansion if adoption increases.
Holder Analysis & Network Decentralization
Understanding who holds a cryptocurrency and how evenly it's distributed helps assess decentralization and risk concentration.
Number of Holders
As of now, Ice Open Network has approximately 9 unique holders—an extremely low number that raises concerns about centralization and market manipulation risks.
A healthy decentralized network typically features thousands or tens of thousands of holders early on. With only 9 entities controlling the supply, ICE faces challenges in achieving true decentralization.
Gini Coefficient & Circulation
The Gini Index, which measures wealth distribution inequality (where 0 = perfect equality, 1 = maximal inequality), is currently unavailable for ICE. However, given the tiny number of holders, it's likely skewed toward high concentration.
Additionally:
- 1-day circulation: Unknown
- Annual inflation rate: Not disclosed
These missing metrics hinder comprehensive fundamental analysis.
Social Sentiment & Community Engagement
In today’s crypto landscape, community sentiment plays a pivotal role in driving adoption and price momentum.
Fear & Greed Index
Ice Open Network currently registers a Fear & Greed Index score of 66, leaning into the "Greed" territory. This suggests growing optimism among traders—but caution is warranted when greed levels rise too quickly without fundamental backing.
Social Volume & Sentiment Trends
- 24-hour social volume change: -0.469%
- Total positive sentiment: ~1.74 (unit unspecified)
- Reddit social volume: Data unavailable
A slight decline in social volume indicates weakening discussion momentum across platforms. Combined with sparse Reddit engagement, this reflects limited community traction so far.
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Volatility, Returns & Future Outlook
Age Consumed & Long-Term Holder Behavior
The "Age Consumed" metric—which tracks how old dormant coins are when they move—currently lacks available data. Spikes in this indicator usually signal whales liquidating long-held positions or renewed network activity.
Without this insight, detecting major shifts in holder behavior remains challenging.
ROI Since Launch
Reported ROI since inception: 0%
One-year projected return: 0%
These figures suggest minimal capital appreciation for early adopters and little incentive for new investors based on past performance alone.
Price Predictions: What Lies Ahead?
Despite multiple prediction tables covering 2025 through 2029, all projected values remain at or near $0.000, with consistent "Potential ROI" listed as -100% across every month.
This uniformity strongly implies one of two scenarios:
- The analytical model lacks sufficient data inputs.
- The token has not demonstrated meaningful price discovery beyond its initial listing level.
For 2025 specifically:
- Estimated average price: $0
- Optimistic high: N/A
- Bearish low: N/A
Experts note that regulatory developments, geopolitical factors, and broader market cycles will influence ICE’s path—but concrete forecasts remain elusive.
Frequently Asked Questions (FAQ)
Q: What is Ice Open Network (ICE)?
A: Ice Open Network is a blockchain-based project launched on January 19, 2024, aiming to support decentralized applications and peer-to-peer transactions using its native ICE token.
Q: How many ICE tokens are in circulation?
A: Approximately 6.615 billion ICE tokens are currently in circulation. The maximum supply has not been disclosed.
Q: Is Ice Open Network a good investment?
A: Based on current data—including minimal ROI, low holder count (9), and stagnant social engagement—ICE lacks strong fundamentals for near-term growth. Investors should conduct thorough due diligence before considering exposure.
Q: Where can I buy Ice Open Network (ICE)?
A: ICE may be available on select decentralized or tier-2 centralized exchanges. Always verify contract addresses and platform legitimacy before trading.
Q: Why is the Fear & Greed Index important?
A: This index gauges market psychology. A reading above 60 indicates greed (possible overbuying), while below 40 signals fear (potential overselling). ICE's score of 66 suggests cautious optimism.
Q: Can Ice Open Network reach $1?
A: With no historical movement toward such valuation and no clear utility or adoption roadmap provided in available data, reaching $1 would require unprecedented demand growth—currently unsupported by metrics.
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Final Thoughts
Ice Open Network remains in its infancy with limited verifiable data on supply, utility, adoption, and decentralization. While it trades at $0.004 with moderate hourly fluctuations, key red flags include:
- Extremely low number of holders (9)
- Missing core metrics (max supply, TVL, active addresses)
- Repeated $0 predictions through 2029
- Declining social engagement
For investors seeking promising Web3 opportunities, ICE currently lacks the transparency and momentum needed for confident positioning.
As always in crypto, stay informed, monitor on-chain activity closely, and prioritize projects with strong fundamentals, active communities, and clear roadmaps.