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1inch Price Prediction: 1INCH Surges by 3%—Does it Hold the Key To DeFi’s Future?

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1inch Price Prediction: 1INCH Surges by 3%—Does it Hold the Key To DeFi's Future?
1inch Price Prediction: 1INCH Surges by 3%—Does it Hold the Key To DeFi's Future?

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Currently, 1inch is trading at $0.2517, showing a 3% increase in the past day. Investors and traders have traded around 16.62 million in the last 24 hours, increasing by over 0.50%. However, over the last month, the price of 1INCH has decreased by more than 18%.

This could be an excellent opportunity to buy at a lower price and potentially profit when the market increases. If 1INCH surpasses $0.3270 and maintains that level, it might have a goal of reaching $0.4270. The price needs to stay above $0.3270 to continue performing well.

Navigating 1INCH’s Daily Chart

Look at the daily chart that displays how the 1INCH price is changing. There might be a challenge with the price of $0.3270. If it succeeds above this point, the price could rise further. However, if it can’t go past that point, it might decrease to about $0.2340, a support level.

Source: TradingView Daily Chart 1INCH/USDT

Here are some essential things to remember when looking at the chart: A roadblock at $0.3270 might halt the price increase, and the price could find strength at $0.2340.

If the price remains above the averages of the last 30 and 50 days, it might rise and even reach $0.3270 or more in the coming days.

The moving averages and an RSI of around 30 indicate the price might increase. Keep an eye on support at $0.2340 and the RSI-14. The Price might decrease if it falls below the support level of $0.3440 and the RSI-14 drops below 30.

In addition, you can protect your investment by using stop-loss orders.

1inch Network (1INCH) Statistics:

  • 1INCH’s Price – $0.2517
  • 1INCH Market cap – $259.27 Million
  • 1INCH Circulating supply – 1,030,278,815 1INCH
  • 1INCH Total supply – 1,500,000,000 1INCH
  • 1INCH CoinMarketCap ranking – 110
Source: CoinMarketCap

Promising Alternative to 1inch Network (1INCH)

Wall Street Memes (WSM) is almost finished with its last presale step and has raised over $26 million. This makes it one of the quickest-growing cryptocurrency presales in 2023.

People also call it the ‘Pepe and Shiba killer.’ It aims to help investors make a lot of money with big profits. Cryptocurrency experts think the project could grow 1,000 times in value this year.

Wall Street Memes (WSM): Last Call to Buy

Many people are interested in tokens based on memes, and Wall Street Memes (WSM) is catching a lot of attention. WSM has done well in its presale phase, getting more than $26 million. This has made experienced investors and new cryptocurrency users curious about $WSM.

Even though it’s still new, $WSM has much potential to grow. They have a clear plan and big ideas, so more people are interested. It’s important to know that dealing with the ups and downs of the cryptocurrency market can be a challenge for $WSM.

But the $WSM team is experienced and trustworthy. WSM built a strong community with over 1 million members, which makes the project look even better.

People are excited about this and think it might do well when it goes on the market. They hope to make much money, maybe even 20 times their initial investment.

Remember, the cryptocurrency market can change quickly, but people feel positive and hopeful. Here are some other crypto ICOs you might want to consider investing in.

Investors are interested in the cool things the Wall Street Memes token offers. You can buy this token using cryptocurrencies like USDT, Ethereum, and BNB. It’s good to know that BNB and Ethereum addresses start with “0x.”

So, if you want to use BNB, ensure you’ve gotten your tokens on the ERC-20 network. Right now, one token costs $0.0334 WSM each, so there are different ways for people to join in and be part of the project.

Big names in the cryptocurrency world really like the Wall Street Memes token, which is why it’s becoming more popular. Some famous people on YouTube, who have hundreds of thousands of subscribers, think it’s a good idea. Their support shows that the project is actual and could be successful.

Elon Musk, a well-known businessperson and tech expert, is also interested in Wall Street Memes. He keeps talking about it, showing that he thinks it’s important and could make a big difference.

Whenever Musk talks about it, people start talking about it more too. This makes more people interested in the token and makes Musk even more famous.

Exciting Phases and Token Distribution: A Closer Look at Wall Street Memes Project

The project’s plan is organized well. Phase One made intelligent contracts, built a community, and advertised. They also made merchandise.

Phase Two is next, and it’s about launching the token, making partnerships, getting on exchanges, and telling more people about the project. Then, Phase Three aims to make the token worth $1 billion and be on an excellent exchange.

The way they’re giving out tokens is fair. Half goes to the community, 30% as rewards, and 10% each for two kinds of exchanges.

They’re doing this to keep the community excited and ensure the token is easily used in different places. If you want to know more about other coins like this, check out our guide.

The project is giving away $50,000 worth of $WSM tokens to involve the community. There’s a chance to win $10,000 worth of tokens, and they’re splitting this among five winners.

Lots of people—more than 77,000—have joined so far. If you want a better chance of winning, you should do the different things they ask you to do.

If you take part on social media, you can increase your chances of getting picked for the $WSM token giveaway. This is a chance to get the new Wall Street Memes token, which people think could be good.

People believe this could be an excellent meme project, so it might be wise to get some tokens now and look forward to big rewards.

Take advantage of this opportunity to participate in the WSM presale. You can make much money by being part of something like this.
If you want to buy $WSM tokens, you can find out how in our guide.

Also Read:

Smog (SMOG) - Meme Coin With Rewards

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