The fluctuations in the crypto world are terrifying, those with weak hearts should not play!!
Take the classic example of Luna. You have 10,000 Luna, and last night its value was 1 million USD. You wake up and suddenly it has turned into 700,000 USD. You think to yourself, after so many years in crypto, it's only a 30% pullback, UST has only depegged by 10%, I believe in DoKwon, so you confidently go back to sleep.
The next day you wake up, and Luna has dropped to 10,000 USD. At this point, you feel that it has already fallen by 99%, it shouldn't drop any further, right? If you don't buy the dip now, when will you? So you sell everything you have, desperately gathering 200,000 USD, hoping to take advantage of the dip and buy 200,000 Luna. As a result, you can't sleep at all, constantly monitoring it, hoping it will rebound, but you watch helplessly as the price drops from 1 USD to 0.1 USD, then to 0.000001 USD, and finally gets delisted. In just three days, your 1.2 million USD has turned into an amount not even enough for a breakfast.
If you want to play, play with ICX coin, it won't budge for years.
ICX coin, also known as ICON, is referred to as "Ethereum" in South Korea. This project is so good, too many people have joined, and the main force can't pull it up.
1. The project background is excellent: The ICX project was initiated by South Koreans, benchmarking Ethereum, aiming to achieve interconnection and transactions between different blockchains through a "Blockchain Transmission Protocol", making it one of the better cross-chain public chains.
2. The technical characteristics are outstanding: It uses BFT-DPoS consensus protocol and DPoC economic supervision protocol, capable of processing hundreds of transactions per second, with processing speeds far exceeding Ethereum, ensuring the integrity and transparency of data and asset transfers.
3. Applications and implementation are remarkable: It has established blockchain alliances in various fields such as banking, securities, and insurance in South Korea, providing cross-domain blockchain ID, payment, and transaction distributed application services.
4. Market performance: The price and market value of ICX coin fluctuate very little according to market conditions, making it a stable investment suitable for conservatives, while speculators face a high risk. As a national-level blockchain project in South Korea, ICX is supported by the government and has a wide range of application scenarios and decentralized characteristics.
ICX coin holds an important position in South Korea's blockchain field, being hailed as South Korea's Ethereum, but its price fluctuations are not as large as Ethereum.