$1INCH Boom 🚀 Boom 🚀

📈 What’s fueling the rally

✔️Core team buybacks: Over the recent weeks the 1inch development team has aggressively used USDC/USDT to buy back tokens from the market — roughly 22.99M tokens ($4.4M) since July 6, with a total of 24.86M tokens ($4.97M) purchased since February.

✔️Surge in volume: Not only buying pressure but also massive trading volumes — CoinGecko reports an over 800% increase in daily volume to ~$319M, well above.

⚡ Momentum & Technical Outlook

- Explosive gain: Coinbase reports multiple sharp upticks — ~42%+ in 24 h and ~86% in the last week, jumping from ~$0.17 to ~$0.29–$0.32 .

- Bullish breakout patterns: Binance trading chatter is rife with breakout strategies — price surging past $0.30, entries around ~$0.309–0.317, targets aiming for $0.34 or even $0.35–$0.37 if momentum continues.

🧭 Key Takeaways

• 📌 Insider accumulation signals strong confidence — all else equal, that’s a big positive.

• 🔺 Massive momentum is driving price above $0.30 marks — exciting for traders but risky near tops.

• 🛑 Support sits near $0.28–$0.30; a drop below this zone could prompt corrections.

🧠 Strategies

- Traders: Riding the momentum into $0.32–$0.34 (or higher) may pay off. Watchlist triggers: A daily close above $0.32–$0.33 with strong volume could hint at extension towards $0.36–$0.38.

In summary, yes, the $1INCH price is “booming” right now — driven by insider buying and intense short-term momentum.

⚠️ Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before investing in cryptocurrencies. Moreover, information given herein might be fictitious. The publisher does not accept any responsibility for any copyright issues or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article.