1Inch announced two important innovations:

issuing a cryptocurrency debit card and reducing fees for swaps and limit orders by 16%.

The debit card will be available as a virtual and physical card, compatible with Apple Pay and Google Pay, and will initially be available to residents of the UK and EEA countries.

After the announcement of the fee reduction, the number of active $1Inch addresses increased by 50%, and the token’s capitalization increased by 9%, reaching $730 million.

Large holders took advantage of the situation and pushed about 2.5M tokens worth about $1.5M into the hamsters, draining more than half of the growth from the news.

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