1INCH Token Faces 5.99% Price Drop Amid Liquidity Concerns and $5M Team Purchase

In the past 24 hours, 1INCHUSDT saw a price decrease of 5.99%, with its current price at 0.0942 USDT according to Binance data. This decline follows heightened volatility, partly attributed to earlier sell-offs by early investor wallets and concerns about liquidity, despite the 1inch team distancing itself from these sales and announcing a review of tokenomics. Notably, a $5 million token purchase by the 1inch team and increased trading activity have contributed to recent price surges, but the asset continues to face pressure from weak liquidity and market uncertainty. Trading volume has risen significantly, indicating strong short-term interest, while market capitalization remains around $130–$140 million with a circulating supply of 1.41 billion tokens.