ICY Hits New Liquidity Peak

ICY-EUR is the most liquid ICURY market. Since, the start at Nocks in November last year, the market has been remarkably stable and sufficiently liquid at quite a basic level: every day at least some trade. The timing of the listing of our loyalty token is good, as the crypto market as a whole – mainly bitcoin – has moved sidewards during this period, with the usual extreme volatility.

365 euro daily volume

Last Friday, the ICY-EUR trade reached a new peak in terms of liquidity: 365 euro 24 hours trade volume. More than double of the previous record of 168 euro on November 13, last year. The ice is still thin – a Dutch proverb – for the ICY, but reaching new levels quickly is very promising. I wouldn’t be surprised if higher liquidity levels will be reached, given the success of the subsequent airdrops as also witnessed in the ICY pulse below based on the etherscan transfer count.

Airdrop V effects

Besides the transfer count, the most visible effect of the subsequent airdrops – you can still join airdrop 5 – is that the ICURY group on our blog now counts over 600 members, a number still increasing. All the airdrop participants shared at least once the ICURY airdrop post on their social media, which helps to increase the visibility of this blog and the ICURY project. Last but not least, the active use of the social media functionalities on Iceclog gaves us fresh input for further improvements and optimizations. The last result is probably the most lasting one, and encourages us to continue to follow this path.

Martijn Hoogeveen

Founder and CEO of Icecat NV. Investor. Ph.D.