1inch Network (1INCH) Price Hits $0.11

1inch Network (1INCH) traded down 2.4% against the U.S. dollar during the 24 hour period ending at 7:00 AM Eastern on February 1st. 1inch Network has a market capitalization of $153.55 million and approximately $42.66 million worth of 1inch Network was traded on exchanges in the last 24 hours. One 1inch Network token can now be purchased for $0.11 or 0.00000139 BTC on major exchanges. In the last seven days, 1inch Network has traded down 23.6% against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 10.5% lower against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• SolvBTC (SOLVBTC) traded down 5.4% against the dollar and now trades at $78,392.09 or 0.99635873 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 Token Profile

1inch Network’s launch date was December 21st, 2020. 1inch Network’s total supply is 1,500,000,000 tokens and its circulating supply is 1,407,743,856 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 message board is blog.1inch.com. The official website for 1inch Network is 1inch.com. 1inch Network’s official Twitter account is @1inch.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly 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