1INCH Price Hits New ATH After Liquidity Integration

1INCH Price Hits New ATH After Liquidity Integration
  • 1inch (1INCH) is a crypto that has experienced huge price growth.
  • 1INCH hits new ATH after Liquidity Integration.
  • The platform released a 1INCH wallet which provides a user-friendly entry to DeFi.
  • These developments indicate that the token will reach new heights soon.

1inch (1INCH), a cryptocurrency has experienced a huge price growth. However, the price rise came after the announcement that from the rapidly rising MDEX DeFi the protocol had aggregated the liquidity. Moreover, the MDEX DeFi ecosystem operates on the Binance Smart Chain (BSC).

1INCH Recent Developments

Furthermore, this integration will help the 1INCH to expand its reach and solidify its position as the most highly utilised DeFi aggregator to date. More so, after the integration of MDEX liquidity, it is followed by the release of the 1INCH wallet which provides a user-friendly entry to DeFi.

In addition to the wallet revealed, the team also announced that it will partner with WireX (WXT). 

More so, WXT is a digital payment platform that helps to migrate 20% of the WXT token supply. However, from the Stellar (XLM) network to the Ethereum (ETH) network.

Evenmore, these developments helped 1INCH to reach a new record high at $7.55 on May 6. According to CoinMarketcap, the 1INCH price is $7.12 with a 24-hour trading volume of $284 million, at the time of writing.

1INCH Price Chart (Source: TradingView)

Furthermore, the recent integration of the project to the Binance Smart Chain, the tokens own native wallet release, and the fact that it is one of the most used DEXs on the network of Ethereum are signals that the project leads the way for automated market-making and yield of DeFi opportunities in the crypto space. These developments indicate that the token will reach new heights soon.

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