What does “Ice” mean in rap?

What do rappers mean when they say “Ice”?

The term and slang “Ice” is a noun used in rap songs to refer to diamonds in expensive jewelry.

Ice means diamonds.

The term “Ice” has been used by Joe Trufant, Kodak Black, Lil Uzi Vert, Travis Scott, French Montana, Future, Lil Yachty, Fetty Wap, and many more rappers.

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