The legend begins: Imagine a magical market that finds the best cryptocurrency deals with a single click—this is how 1inch was born in 2019 at the ETHGlobal hackathon in New York, from the minds of Sergey Kunz and Anton Bukov. From a simple idea to a DeFi giant, 1inch is a DEX aggregator that searches for the best trading prices across multiple blockchains like Ethereum and Polygon with the help of the smart Pathfinder algorithm.
The magic in action: 1INCH is not just a token, but a key to a world of efficient trading! It enables integration with aggregation protocols and limit orders, with Fusion technology for gas-free trading protected from MEV attacks. You can participate in governance through DAO or staking to earn rewards—all from your wallet!
Trust and Reputation: Backed by giants like Pantera Capital and Binance Labs, 1inch is the most audited in DeFi, enhancing its security. Trading on platforms like Coinbase and Kraken adds a layer of trust, but remember: the market is volatile, so arm yourself with research!
Highest and Lowest Price:
Peak: $4.14 (November 2021).
Bottom: $0.1617 (April 2025).
Current Price (August 2025): ~$0.24, with a daily trading volume of $10.93M.
Market Analysis:
The Light: Expected rise to $0.35-$0.48 by 2025 with the growth of DeFi adoption. Fusion+ technology makes cross-chain trading smoother, enhancing the appeal of 1INCH.
The Shadow: A 95.77% drop from the all-time high and a weekly drop of 11.7%. RSI at 42.4 indicates a neutral state, but the short-term trend is bearish.
The Stars on the Horizon: 1inch is like a wizard weaving bridges between blockchains! With plans to expand Fusion+ and new integrations
👈1INCH is like a magical talisman for smart trading—powerful and enticing, but it requires a brave heart to dive carefully and let the market guide your steps💪🔥
