The underline discussion revolves around the
1INCH coin and its significant movements in the crypto market. Forthcoming
price predictions suggest a potential growth, as analysts predict that the coin might skyrocket to
$1 by the year 2025 onwards. In its quest to simplify decentralized transactions, 1inch launched
Fusion+, a cross-chain swapping solution. Apart from integrations, it was found tackling security issues, unveiling partnerships including an
unlikely alliance with Bruce Lee, launching a
crypto-fiat debit card with Mastercard and Baanx, and joining forces with
Notcoin and Sign. Furthermore, its partnership with
Blockaid aims to effectively counteract DeFi fraud and cyber threats.
7.72% of its tokens will be
unlocked on November 30th, creating a potentially pivotal moment in its journey.
Hardware wallet expansions for Ethereum and the release of a
Web3 DeFi debit card also echo 1inch's innovative strides. In terms of regulatory compression, its co-founder voiced concern over the
SEC stunting growth in the US crypto sector. As a DeFi platform, 1inch raised
$175M in a funding round led by Amber Group and is planning a
$70M venture round aiming for a $2.25B valuation. Finally, 1inch's role as a DEX aggregator strengthens with the integration of Lumia, improvement of swap security via the Fusion upgrade, and cryptocurrency-themed animated NFT series, further validating 1inch's dominant position in the DeFi space.
1INCH Coin News Analytics from Thu, 24 Dec 2020 08:52:50 GMT to Tue, 24 Dec 2024 08:43:00 GMT -
Rating -3
- Innovation 9
- Information 7
- Rumor 3
