#1INCH . The tokenomics has not yet created the incentive to hold.

• $1INCH is primarily used for governance, reducing gas fees prior to Chi Gas Token (, which has now stopped ), along with some Fusion discounts, but there is no token burn mechanism or direct benefit for holders.
• Unable to generate cash flow for investors, resulting in weak buying power.
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2. The competition in the DEX aggregator space is too fierce.
• Although it is a pioneer, 1inch is facing intense competition from the following aspects:
• 0x, Paraswap, Matcha, OpenOcean, Jupiter (Solana) and so on
• New projects better support cross-chain, integrate native Token rewards, or directly integrate into wallets.
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3. The team does not provide concentrated support for the price
• The founding team publicly stated that they are not concerned about the price of the Token, but are focused on the product.
• This has lowered the confidence of long-term investors, as there is no clear strategy regarding asset value.
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4. Not fully utilizing L2 infrastructure and new DeFi opportunities
• Compared to many other decentralized exchanges, 1inch is deployed on multiple chains, but lacks its own ecosystem, with no DeFi native applications or stablecoins pegged to tokens.
• Tokens from chains like Sui, Solana, and Blast are closely related to the actual activities of their ecosystems, thus pricing is better.
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5. Market confidence has been weakened.
• The Token has dropped more than 97% from its peak, with no sufficiently strong rebound.
• When the driving force for price increases disappears, retail investors withdraw their capital, while the development team remains "silent," leading to a continued negative market sentiment.