💟 Market Health (October-19) In this period, BTC is approaching the $64000 zone and it will take more time to conquer this zone. And in the past few days Altcoins are accumulating quite a lot but the price is still decreasing, so we can expect that in the next few days Altcoins will have rapid and strong price increases and it will be very difficult to buy these coins at good price range. Let's continue to accumulate according to our plan
💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
The buying is trying to hold the support at $2.8 and in the next few days 1INCH can strongly rally to the $3.4, $4 and $5.2 zones
📈RED PLAN 🔴Buy : 2.73-2.87$. SL if B
🔴Buy : 3.32-3.48$ if A. SL if B
🔴Buy : 3.9-4.1$ if A. SL if B
📉BLUE PLAN 🔴Sell : 3.32-3.48$. SL if A
🔴Sell : 3.9-4.1$. SL if A
🔴Sell : 5.1-5.3$. SL if A
🟣PURPLE PLAN 🔵Sell : 2.73-2.87$ if B. SL if A
🔵Buy : 2.34-2.46$. SL if B
❓Details 📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
1inch consists of the 1inch.exchange DEX Aggregator as well as the 1inch Liquidity Protocol (formerly called Mooniswap).
1inch.exchange DEX Aggregator: employs an advanced algorithm that searches over 33 liquidity protocols (as at 25 Dec 2020) to discover the most efficient swap paths so traders can receive the most efficient trade prices.
1inch Liquidity Protocol: an Automated Market Maker (AMM) that makes use of a new mechanism called Delayed Price Updates to protect swappers from front-running, and to increase Liquidity Provider (LP) earnings and reduce arbitrageurs' profits.
The 1INCH token is the native ERC-20 token of the 1inch protocols and is a governance and utility token that will be used to govern all protocols developed by 1inch (starting with 1inch.exchange and 1inch Liquidity).
1inch introduces a new governance framework called Instant Governance where 1INCH token holders and key protocol stakeholders (e.g. LPs) can vote directly on protocol parameters.
One of the key instant governance features is that token stakers or LPs can constantly and dynamically vote to change protocol settings, without having to wait for proposals to be submitted or concluded.
1inch raised ~14.8MM USD from private investors for approximately 30.8% of the 1INCH total token supply between August to December 2020.
The total 1INCH token supply is 1,500,000,000, with token allocations as follows: