1inch Denies Token Dump Allegations, Plans to Review Tokenomics in 2026

KuCoinFlash

Release Time: 01/28/2026 12:18:09

1INCH

$0.09908-3.83%

Summary

1inch denies claims of a token dump after the price of 1INCH dropped 16.7% following a reported $5.04 million sale of 36.36 million tokens. The project confirmed that no tokens were sold from its wallets and stated that it does not control third-party trading. As altcoins to watch experience volatility, 1inch plans to review its tokenomics in 2026. Market sentiment remains mixed, with the fear and greed index reflecting ongoing uncertainty.

BlockBeats news: On January 28, 1inch officially announced that no 1INCH tokens were sold from wallets or multisignature accounts controlled by 1inch entities or team members yesterday. The official statement also clarified that it does not control third-party token holdings or their trading decisions. Additionally, 1inch Network plans to review all aspects of its token economic model this year to further enhance resilience during market downturns and periods of low liquidity.

Yesterday's report indicated that three 1INCH investor addresses sold 36.36 million 1INCH tokens (worth $5.04 million), causing the price of 1INCH to drop by 16.7%.

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