1inch Network Price Reaches $0.16 on Exchanges (1INCH)
by Michael Walen · The Markets Daily1inch Network (1INCH) traded 4.1% lower against the U.S. dollar during the twenty-four hour period ending at 12:00 PM E.T. on December 15th. 1inch Network has a market capitalization of $227.50 million and $12.68 million worth of 1inch Network was traded on exchanges in the last day. In the last week, 1inch Network has traded 9.5% lower against the U.S. dollar. One 1inch Network token can now be purchased for about $0.16 or 0.00000185 BTC on popular exchanges.
Here is how similar cryptocurrencies have performed in the last day:
- Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
- CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
- Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
- Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
- SolvBTC.BBN (SOLVBTC.BB) traded 1% lower against the dollar and now trades at $89,292.35 or 1.01953912 BTC.
- SolvBTC (SOLVBTC) traded down 0.8% against the dollar and now trades at $88,547.54 or 1.01103485 BTC.
- Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
- AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
1inch Network Profile
1inch Network was first traded on December 21st, 2020. 1inch Network’s total supply is 1,500,000,000 tokens and its circulating supply is 1,402,088,825 tokens. The Reddit community for 1inch Network is https://reddit.com/r/1inch and the currency’s Github account can be viewed here. 1inch Network’s official Twitter account is @1inch. 1inch Network’s official message board is blog.1inch.com. 1inch Network’s official website is 1inch.com.
According to CryptoCompare, “The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space. The 1INCH token is the governance and utility token of the 1inch Network. The token is applied in different capacities in the two existing protocols and will be used in the tokenomics of all new protocols released by the 1inch Network. 1INCH is a multichain token, currently available on Ethereum and BNB Chain over a bridge.The 1INCH token enables protocol governance, allowing 1INCH stakers to vote for and receive rewards. The token is applied in different capacities in the existing protocols and will be used in the tokenomics of all new protocols released by the 1inch Network.One of the key instant governance features is that 1INCH token stakers can constantly and dynamically vote to change protocols’ settings, without having to wait for proposals to be submitted or concluded.Currently, the main application of 1INCH as a utility token is in the 1inch Liquidity Protocol where it is used as a connector to achieve high-efficiency routing.”
Buying and Selling 1inch Network
It is usually not possible to purchase alternative cryptocurrencies such as 1inch Network directly using US dollars. Investors seeking to acquire 1inch Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase 1inch Network using one of the aforementioned exchanges.
1INCH/USD price chart by TradingView