1inch Network Self Reported Market Capitalization Tops $215.77 Million (1INCH)

1inch Network (1INCH) traded 4.2% lower against the U.S. dollar during the twenty-four hour period ending at 7:00 AM Eastern on January 16th. One 1inch Network token can now be bought for about $0.15 or 0.00000162 BTC on popular exchanges. 1inch Network has a market cap of $215.77 million and $28.07 million worth of 1inch Network was traded on exchanges in the last day. During the last week, 1inch Network has traded 3.2% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 (SOLVBTC) traded 1.2% lower against the dollar and now trades at $95,278.29 or 0.99964336 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 1,399,591,126 tokens. 1inch Network’s official website is 1inch.com. 1inch Network’s official Twitter account is @1inch. 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 message board is blog.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.”

1inch Network Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as 1inch Network directly using US dollars. Investors seeking to trade 1inch Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase 1inch Network using one of the exchanges listed above.

1INCH/USD price chart by TradingView