$1INCH

1inch (1INCH) is a decentralized exchange (DEX) aggregator that sources liquidity from various exchanges to offer users optimal token swap rates. As of December 17, 2024, 1INCH is trading at approximately $0.50, with a 24-hour trading volume around $89 million. The circulating supply is about 1.39 billion tokens, resulting in a market capitalization near $699 million.

Over the past month, 1INCH has experienced a significant price increase of approximately 76.72%. However, it has declined by about 9.20% over the past week.

Technical analysis indicates that 1INCH has been in a downtrend, forming lower highs and lower lows. A recent higher high suggests a potential trend reversal, with a higher low confirming this shift. Analysts anticipate a retest of the recent higher high, with partial profit-taking at prior swing levels.

Looking ahead, some crypto experts predict an average 1INCH price of around $1.77 in 2025, while others forecast a rise from $0.3265 to $3.50 during the same period.