Numerous abnormal on-chain signs appear on 1INCH but there are some downsides
However, the fundamental growth of the network is a positive sign, even from a speculative perspective. With the rising number of users, the network's revenue will move upward, creating more support for the token's price on the market.Unfortunately, in addition to the abnormal growth of the aforementioned metrics, the network saw a rise in realized losses that have accumulated to a four-month high. However, the rise in realized losses could be a positive sign, considered a capitulation.
Generally, 1INCH has been moving in a sharp downtrend for the last few months, mostly replicating the performance ofAbout the authorArman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience. Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.