---
title: "Impossible Cloud Network Token (ICNT) price and news"
language: en
canonical: "https://whycoinmoves.com/en/coins/impossible-cloud-network-token"
---

# Impossible Cloud Network Token (ICNT) price and news

Sampled market data; prices and returns do not verify news or establish causation.

- Price: $0.2308; 24h: +37.87%
- Market source / sampled at (UTC): Gate · USDT / Nov 3, 2026, 16:11
- Events received in 30 days: 0

## What may be driving the move

Perpetual-market positioning may have amplified the rise, but no initiating event is identified. Bitcoin was slightly lower and tracked coins were mixed, so the wider market does not explain this move well.

- amplifier · medium: Open interest rose about 43% over the 24 hours ending Nov 3, 11:00 UTC, while short liquidations exceeded long liquidations in the following measured window; the current funding rate was negative. These signals are consistent with positioning potentially adding upward pressure, but do not establish a crowded short trade or what initiated the rise.
  Evidence gap: The data cover one derivatives venue, and the move's onset is unknown. Liquidations may have followed the rise rather than started it.
  Sources: [S1](<https://api.gateio.ws/api/v4/futures/usdt/contract_stats?contract=ICNT_USDT&interval=1h&limit=50>), [S3](<https://api.gateio.ws/api/v4/futures/usdt/contract_stats?contract=ICNT_USDT&interval=1h&limit=50>), [S4](<https://api.gateio.ws/api/v4/futures/usdt/contracts/ICNT_USDT>)

Open question: What started the move, and whether short liquidations followed or amplified it, remain unknown.

Analysis generated: 2026-11-03T12:41:19.000Z; evidence window: 2026-11-02T12:40:58.000Z → 2026-11-03T12:40:58.000Z.

## Why is Impossible Cloud Network Token up 37.9% today?

Normal short-term fluctuation
5m: -0.94%; Few comparable core coins moved as far in the same direction; Gate · USDT; Nov 3, 2026, 16:11 UTC.

- Versus the past month: Its largest 24h rise in 29 days; +37.97% in the 24 hours to Nov 3, 2026, 16:00 UTC, 8.0× a typical day (4.7%).
- 30-day range: 15.0% below the high · 171.3% above the low; From hourly highs and lows on the same venue
- 24h volume: 3.2×; of its prior 30-day daily average
- Where it traded: Bithumb 21% · Bybit 20% · Bitget 16%

Figures run to Nov 3, 2026, 16:00 UTC (Gate · USDT hourly candles).

## Other notable moves today

- [THORChain (RUNE) +11.87%](<https://whycoinmoves.com/en/coins/thorchain>) · Nov 3, 2026, 16:00 UTC

## Prior 30-day hourly baseline

- Coverage: 100.0% (720/720)
- Median absolute hourly return: +0.82%
- 99th percentile of absolute hourly returns: +8.64%
- BTC beta: 0.91
- Source / cutoff (UTC): Gate · USDT / Nov 3, 2026, 16:12
Hourly statistics cannot be compared directly with minute moves. Missing or stale baselines are not estimated.

## Recent publication-ready events and observed returns

Returns start after site detection. Each linked event records its actual sampled intervals, venue, quote currency and news sources. Missing windows remain unavailable; publisher coverage is not independent verification.

| Event | Evidence | 5m | 1h | 24h | 5m difference from BTC |
| --- | --- | --- | --- | --- | --- |

[Complete paginated archive](<https://whycoinmoves.com/en/coins/impossible-cloud-network-token>)
[Methods and limitations](<https://whycoinmoves.com/en/methodology>)