Crypto news and prices of 1inch Network, the world’s largest DEX aggregator, and its 1INCH token.
Summary
1inch Network token: coin price is pumping +26% over the past thirty days
Taking a look at the monthly chart of the 1inch Network token (1INCH), the price appears to be pumping +26%.
And in fact, at the time of writing, 1INCH is worth $0.3571, up from $0.2853 last month. The price curve, however, is not a straight line, and in fact, 1INCH touched a price of $0.40 on 11 November.
This is the highest price touched in the past month, but not in the past year. In practice, unlike Bitcoin (BTC) for example, which seems to be riding its best prices of the year at this time, 1INCH saw its best price performance in February 2023.
At that time, 1INCH had touched $0.687, almost double the current price. What if we look to the future? There are those who argue that 1INCH could reach the price of $1 by the end of 2024.
Either way, the token still ranks 112th in the crypto rankings, with a total market cap of nearly $372 million.
1Inch Network token: what’s the crypto news from the best DEX aggregator?
In the past month, 1Inch Network, the crypto project that has become the largest aggregator of decentralized crypto exchanges (or DEX), had announced the launch of its dedicated crypto-asset tracking portfolio for its users.
It is called 1Inch Portfolio and is based on the platform’s APIs that use a multitude of data from different blockchains.
With 1Inch Portfolio, users can access and keep track of all the information on balances, latest movements, advanced analytics, so as to improve their financial experiences.
Compared to competitors, such a portfolio appears to be on a higher level, given precisely by 1Inch’s data fluidity and integration with a wide variety of Web3 infrastructures.
Specifically, the components that make it a more special portfolio are: “multi-wallet,” “multi-chain,” and the presence of advanced data in DeFi.
Leading DEX aggregator with over $2 billion in weekly trading volume
If the 1Inch Network (1INCH) token does not climb the crypto ladder, the project, which, to date, is the DEX aggregator leader, does.
According to data from Dune Analytics, 1inch Network is the leading DEX aggregator with more than $2 billion in weekly trade volume and is used by more than 12,000 daily active users.
1inch’s APIs are used by major Web3 wallets such as Metamask and Trustwallet. While, 1INCH is a governance token.
On yesterday’s Thanksgiving Day, the project wanted to share its gratitude with its crypto-community by organizing an adventure in which users could win a 3-month subscription to Telegram Premium.
