coinquora.com
1inch (1INCH) has spotted 8th position among the top 10 cryptos on the Ethereum (ETH) burn leaderboard in the crypto space.
1inch’s monumental achievement occurred right after Ethereum burned over 622,81 ETH in the past 7 days. To clarify, the 622,81 ETH burned equates to $2.4 million. At the moment, the overall amount of ETH that has been burned is worth $72 million, which is equivalent to 18.1K in $ETH.
Meanwhile, the 1inch team gave the announcement on Twitter. Its community and fans have expressed their excitement about 1inch network’s success at this crucial time.
📣 #ETH burned weekly update 📣
— 1inch Network (@1inch) December 20, 2021
🦄🔥 #1inch still takes 8th place in the TOP-10 of the ETH Burn Leaderboard!
🔷 #Ether burned over the last 7 days – $2.4M (622,81 in ETH)
🔷 Ether burned in total – $72M (18.1K in $ETH) pic.twitter.com/gkbuChn2dG
According to their comments and reactions, they have a strong belief that 1inch will soon dethrone the other cryptos and make its way to the top. The community expects this to happen sooner, rather than later.
Additionally, looking at 1inch’s effort and performance this time, its users believe that it has what it takes to appear first over the list. The only news we know is that 1inch has now taken the 8th position on the ETH burn leaderboard. Time will tell whether 1inch can fight a humble battle and overtake the other top cryptos in the coming days.