Iron FinancePrice(ICE)
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Iron Finance (ICE) Price information (USD)
The current real-time price of ICE is $0.0{5}2520. In the past 24 hours, ICE has traded between $0.0{5}2520 and $0.0{5}2520, showing strong market activity. The all-time high of ICE is $28.7, and the all-time low is $0.0{5}2490.
From a short-term perspective, the price change of ICE over the past 1 hour is
Iron Finance (ICE) Market Information
Iron Finance (ICE) Today's Price
The live price of ICE today is $0.0{5}2520, with a current market cap of --. The 24-hour trading volume is 1.05. The price of ICE to USD is updated in real time.
Iron Finance (ICE) Price History (USD)
No data
What is IRON FINANCE (ICE)?
When is the right time to buy ICE? Should I buy or sell ICE now?
Before deciding whether to buy or sell ICE, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ICE technical analysis can provide you with trading references.
Future price trend of ICE
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ICE.
How much will ICE be worth tomorrow, next week, or next month in ? What about your ICE assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ICE Price Prediction
How to buy IRON FINANCE (ICE)
Convert ICE to local currency
ICE Resources
To learn more about ICE, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
polygon-pos | 0x3483...b7315b  | 630.816M | 63.22% |
polygon-pos | 0xb1bf...dde010 | 70.436M | 7.06% |
polygon-pos | 0xf1ee...0e1ea5 | 51.340M | 5.15% |
polygon-pos | 0x7e2c...234e95 | 44.542M | 4.46% |
polygon-pos | 0xa17a...1875c5 | 33.522M | 3.36% |
Other | 167.076M | 16.75% |
Hot Events
IRON FINANCE (ICE) FAQ
What events led to the Iron Finance project's collapse in June 2021, and what was the impact of this incident on its users?
The original Iron Finance project featured an algorithmic stablecoin, IRON, which was partly collateralized by USDC and a volatile token called TITAN. In June 2021, a "bank run" began when large holders started selling TITAN. This created a severe negative feedback loop, causing TITAN's price to drop drastically and IRON to lose its peg from $1. This event led to substantial losses for participants, estimated around $2 billion.
Was the Iron Finance collapse considered a "rug pull" by the project team or community, and what was the underlying cause identified for the incident?
Iron Finance's team denied that the collapse was a "rug pull," instead attributing it to poor tokenomics and a large-scale crypto bank run. However, analysis often suggested the incident stemmed from a critical design flaw in the algorithmic stablecoin mechanism. The stabilizing system failed when TITAN's price experienced a rapid decline, leading to the broader collapse.
Following the original project's collapse, what is the current intended purpose and utility of the ICE token within the rebuilt Iron Finance ecosystem?
The ICE token was introduced as a successor to TITAN ("TITANv2") during Iron Finance's efforts to rebuild in July 2021. Its primary purpose includes governance staking, enabling holders to earn fees from the ecosystem. It is also designed to incentivize liquidity for new stablecoin designs and other products such as IronSwap and IronLend, aiming to foster growth and participation.
What is the current status regarding the availability of Iron Finance (ICE) tokens for trading and the ease with which they can be acquired or divested?
Currently, Iron Finance (ICE) token experiences very limited liquidity. This means that engaging in transactions to buy or sell the token might be challenging due to the sparse market activity. The general market engagement appears low, impacting its overall accessibility within the ecosystem.
What are the primary risks that potential holders should be aware of when considering engaging with the ICE token in the current market environment?
The main risks associated with holding ICE tokens include extremely low liquidity, which can significantly hinder attempts to buy or sell. The project's prior catastrophic failure also highlights inherent risks tied to algorithmic stablecoin designs and projects developed by anonymous teams. These factors contribute to a high-risk profile for participants.
On which platforms can Iron Finance (ICE) tokens currently be exchanged, given the current market conditions and liquidity challenges?
While major liquidity pools are largely unavailable, ICE tokens have been noted to be tradable on decentralized exchanges. For instance, Dfyn has previously shown some minimal trading activity for the ICE/USDC.E pair. Information on adding ICE to a MetaMask wallet for such trading is also available for those wishing to participate.
