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Highlights:
- The 1INCH token trades on exchanges like Binance, Huobi Global, etc.
- It returned over 3% gains in the last seven days.
- The token saw the highest price of US$0.8223 in the last 30 days.
The 1inch Network (1INCH) crypto advanced more than 9%, while its volume skyrocketed over 329% in the last 24 hours to Friday morning.
What is 1inch Network (1INCH) crypto?
The network provides fast-paced, protected operations for decentralized finance (DeFi) activities.
Its liquidity protocol, a next-gen automated market maker (AMM), protects users from front-running attacks and provides liquidity providers opportunities.
The protocol focuses on flexible limit order swap opportunities in decentralized finance. It also offers dynamic pricing, conditional orders, auctions, etc.
1INCH, launched in December 2020, is the native token of the platform. It trades on crypto exchanges like Binance, Huobi Global, Coinbase, etc.
On July 7, Kyber Network announced that 1inch had completed its integration of KyberswapElastic on seven chains - Ethereum, BNB Chain, Polygon-Matic, Optimism, Arbitrum, Avalanche (AVAX), and Fantom Foundation. With this integration, 1inch could take advantage of the competitive rates of the newly launched liquidity protocol.
Source: CoinMarketCap.com
Bottom line:
THe 1INCH token was priced at US$0.6822 at 9:58 am ET on July 8, up 9.05%, while its volume for the last 24 hours skyrocketed 329.22% to US$110.51 million. It has a market cap of US$381.27 million, and its fully-diluted market cap is more than US$1.02 billion.
The token has a total supply of 1.5 billion, and its current circulating supply is over 558.87 million. It returned gains of 3.38% in the last seven days.
The token saw the highest price of US$0.8223 and the lowest price of US$0.5178 in the last 30 days.
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