MoonTradingForecast

1Inch after closing Out Last Successfull Trade. We Try Again

Long
BINANCE:1INCHUSDT   1INCH / TetherUS
## 1inch Network (1INCH): Short Fundamentals, Recent News, and Disclaimer

**Fundamentals:**

* **1inch Network:** A decentralized exchange (DEX) aggregator that finds the best rates across multiple DEXs.
* **Launched:** December 2018.
* **Market Cap:** ~$473 million (as of Feb 23, 2024).
* **Rank:** #142 on CoinGecko.
* **Unique Features:**
* **Pathfinder algorithm:** Aggregates liquidity from various DEXs to find the most efficient swap routes.
* **DAO governance:** 1INCH token holders vote on protocol updates and fees.
* **Multiple integrations:** Works with various wallets and DeFi platforms.

**Recent News:**

* **Feb 22, 2024:** 1inch launches a governance proposal to migrate the protocol to Optimism, a Layer 2 scaling solution.
* **Feb 16, 2024:** 1inch integrates with Web3 infrastructure provider Ankr.
* **Feb 14, 2024:** 1inch announces a partnership with Moonbeam, a parachain on the Polkadot network.
* **Feb 9, 2024:** 1inch unveils its roadmap for 2024, focusing on scaling and user experience improvements.

**Disclaimer:**

* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.

**Additional Notes:**

* 1INCH price has been volatile recently, reflecting broader market trends.
* The recent news items highlight 1inch's focus on innovation and expansion.
* It's important to be aware of the risks involved in cryptocurrency investments before making any decisions.

I hope this information is helpful! Please let me know if you have any other questions.

Join Moon Trading Forecast VIP Gruop
t.me/MoonTradingForecast/38108

ALL SIGNALS LIVE UPDATE ON TELGRAM FREE
t.me/MoonTradingForecast

DAILY VIDEO ANALYSIS ON YOUTUBE FREE
www.youtube.com/@MoonTradingForecast
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.