1inch Network Burned 309 ETH Tokens Last Week

Twitter icon  •  Published hace 3 años on July 19, 2022  •  Hassan Maishera

The 1inch Network provided an update to its community via Twitter on Monday.

1inch Network Burned 309 ETH Tokens Last Week

The 1inch Network provided an update to its community via Twitter on Monday. According to the team, it burned $379,000 worth of Ether (309.3 ETH) last week. In total, 1inch Network said it had burned over $121.8 million worth of Ether coins. 

The 1inch Network is a DEX aggregator protocol across multiple chains, including Ethereum, BSC, Polygon, Optimism, and Arbitrum. 1INCH is down by more than 7% in the last 24 hours and is currently trading at $0.581 per token.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.