ICON (ICX) Jumps 33% in One Hour to $0.011191 Amid Thin Trading

ICON (ICX) climbed 33.07% in one hour on Oct. 21, reaching $0.011191 as the sharp rise offset part of the token’s decline over the preceding 24 hours.

The move took ICX from $0.00841 to $0.011191. It carried the token above $0.011 after it had traded below one cent. Those prices also marked the low and high of its reported 24-hour range.

The one-hour gain did not erase the daily loss. ICX was still down 6.66% over 24 hours, a period that includes the decline before the sudden rise. The two percentage figures describe different time windows and point in opposite directions.

ICX had a market capitalization of about $12.28 million at the price snapshot. Trading volume over the preceding 24 hours was about $182. That volume figure covers the full day, rather than just the hour in which the price jumped.

The move came during a mixed session for the broader cryptocurrency market, with ICX’s one-hour change standing apart from its own daily performance.