Gate News Bot Message, February 02, According to CoinMarketCap data, at the time of press, 1INCH (1inch) is trading at $0.12, up 11.47% in the past 24 hours, reaching a high of $0.14 and a low of $0.10. The 24-hour trading volume is $68.3 million. The current market cap is approximately $164 million, an increase of $16.9 million from yesterday.
1inch is a DEX aggregator and DeFi trading platform, evolving from the first DEX aggregator into a comprehensive ecosystem supporting intent-based cross-chain transactions. The platform has completed over $752 million in trading volume, attracted 219 million transactions, and connected over 25 million wallets. 1inch offers cross-network asset transfer without bridges across more than 13 networks, integrating products such as Swap, Portfolio, Wallet, and Card. It also provides security features like MEV protection, wallet scanning, and risk scoring to ensure cutting-edge operational security and asset safety for users.
Recent Important News about 1INCH:
1️⃣ Team and Treasury Clarify Rumors of Token Sale, Market Confidence Gradually Restores
The official 1inch team clarified recent market fluctuations, stating that wallets controlled by the entity, team, and multi-signature accounts associated with the treasury have not sold any 1INCH tokens. This effectively alleviated concerns about large-scale official sell-offs and positively impacted investor confidence. Following the clarification, 1INCH’s price rebounded from lows to $0.12, recording an 11.47% 24-hour increase, reflecting positive market response to the official statement.
2️⃣ Tokenomics Review Plan Enhances Long-term Resilience Expectations
1inch announced it will review its tokenomics model this year to further strengthen resilience during market downturns and liquidity shortages. This proactive measure indicates the project team is actively optimizing incentive mechanisms and token distribution structures, aiming to improve long-term token value support and ecosystem stability, providing investors with institutional reform expectations.
3️⃣ Investor Position Adjustments Release Liquidity, Price Fluctuations Gradually Absorbed
Recently, multiple 1inch investor wallets have transferred and disposed of tokens, involving on-chain activity worth tens of millions of tokens. Although these position adjustments caused short-term price fluctuations, the market has now gradually absorbed such liquidity releases, maintaining prices within a reasonable range. The ongoing adjustments by investors suggest the market is entering a natural supply-demand balance process, and the rebound in 1inch’s price indicates fundamental support and market bottom consensus formation.
This message is not investment advice. Investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Altseason 3.0 Setup? OTHERS/BTC Retests Historic Launchpad as 4 Altcoins Prepare for Potential 5× Expansion
OTHERS/BTC retested a historic launchpad, creating a structured setup for potential 5× gains across selected altcoins.
Arbitrum, Aptos, Pepe, and Bonk exhibit consistent support and resistance patterns with measured trading volume.
Oscillators and trend lines indicate balanced momentum, s
CryptoNewsLand34m ago
Ethereum Activity at All-Time Highs Due to Mass Capitulation - U.Today
Ethereum's network shows high activity, surpassing 2021 metrics, but this surge is due to investors selling rather than genuine demand. Liquidity is declining as users withdraw capital to exchanges, signaling potential challenges ahead.
UToday2h ago
Dogecoin Tests $0.090 Support After 3.4% Drop as Traders Watch Key Price Range
Dogecoin is currently trading at $0.09061 which is a drop of 3.4 percent, and the price is close to the important level of $0.09011 support.
The chart indicates a series of tests of the support zone of $0.089-$0.090, and the closest resistance is represented by $0.09353.
A hold of
CryptoNewsLand4h ago
PEPE Price at $0.053259 as Tight Range and Falling Volume Shape Short-Term Market Activity
PEPE was traded at $0.053259 and has recorded a 3.0 percent fall in value but it is within a thin band of support and resistance.
The market exhibited a volume of 235.15M in 24 hour trading, which is a decline of 19.16% reflecting less trading activity.
Technical indicators are not
CryptoNewsLand4h ago
XRP ETF Performance Praised as 'Really Impressive' by Bloomberg - U.Today
XRP ETFs have shown resilience amid a 45% price drop, attracting significant capital despite typical market behavior. Bloomberg's Eric Balchunas highlights strong investor support. Despite recent outflows, the funds retain substantial assets, indicating community dedication.
UToday4h ago
Crypto Shines Amid Middle East Oil Shock and Market Selloff
Bitcoin remains stable amid market turmoil fueled by rising oil prices and inflation, outperforming traditional assets. Its reduced leverage limits forced selling, attracting long-term investors eyeing potential gains in a volatile landscape.
CryptoFrontNews4h ago
