The native token of decentralized cryptocurrency exchange (DEX) 1inch, 1INCH, may come under massive selling pressure with its upcoming unlock.
By aggregating decentralized cross-exchange data in the best price range native token of 1inch aimed at transacting 1INCH, with the unlocking that will take place towards the end of this month. with great selling pressure. may face. According to TokenUnlocks data 220 million More than 1INCH will be unlocked on December 30th. About to unlock $112 million worth 222.187.500 1INCH, your current supply 15% of forming. Total supply 1.5 billion Cryptocurrency currently on the market More than 600 million exists.
1inch, December 30 It will distribute tokens to all its investors according to the ratio. According to the data, the developer team 22.5%, to seed investors 18.5%, A series financing round investors 12.2% and community incentives by 30% The token will be distributed.
the next one unlocking if 2023 of the year June and December will take place in the following months, and after these dates new 1INCH cannot be driven.
CoinGecko According to the data, at the time the news was written all-time high (ATH) approximately 95% down from $0.498 traded 1INCHamong the most valuable cryptocurrencies by market cap 99th place is located.
