1Inch Team Buys $2.5 Million Worth of 1INCH Tokens for Ecosystem Growth
CryptoNewsTerminal Staff03 Sep, 2024
1Inch Team Buys $2.5 Million Worth of 1INCH Tokens for Ecosystem Growth
The 1Inch team recently made a strategic acquisition of 25.1 million 1INCH tokens, valued at approximately $2.51 million. This move is seen as a strong signal of the team's commitment to the growth and development of the 1Inch ecosystem. The acquired tokens will be used to fuel various initiatives aimed at expanding the 1Inch Network, including: Enhancing the liquidity and accessibility of 1INCH on decentralized exchanges Supporting the development of new features and products * Promoting adoption and awareness of 1Inch among users and businesses
