How to Buy Inspect (INSP)

The INSP token is a utility and governance token, marking the decentralization of the Inspect platform. It has a total supply of 1 billion tokens and launched in December 2023. According to the Inspect tokenomics, the INSP token distribution is as follows:

1. 16% was allotted to the Community Foundation

2. 17.4% of INSP supply was set aside for liquidity

3. 15% was issued to Inspect’s core contributors.

4. 12.% each was allocated for the strategic sale round and ecosystem growth.

5. 12% of INSP tokens were issued during the Inspect private sale.

6. 8% went to the project’s advisors, 5% was reserved for staking activities, 1.33% went for the APE public sale, and 0.2% was issued via a public sale on Bybit.

Here are some factors that make $INSP token an interesting asset to invest in:

Innovative Web3 Integration

As a leading Web3 Social Intelligence platform, Inspect offers unique insights into the NFT and broader crypto market, which could be valuable for investors looking to make informed decisions in these areas.

Expanding Scope and Utility

Initially focused on NFTs, Inspect has broadened its analytics to cover over 20,000 tokens and expanded to additional blockchain networks. This diversification could offer more comprehensive insights and utility to its users.

Potential for Future Growth and Development

The Inspect Foundation's focus on innovation and creating user-friendly tools for the Web3 space indicates a commitment to continuous development, which could lead to future growth and increased token value.

First Layer-2 Solution for X

Being the first Layer 2 solution for X (formerly Twitter) in the Web3 domain positions Inspect at a unique intersection of social media and blockchain technology, potentially offering a first-mover advantage in this niche.

While the volatility in the crypto market makes it challenging to offer a reliable INSP crypto price prediction, the following factors could help you understand the price movements in the Inspect crypto:

Market Demand and Supply of INSP Tokens

The basic economic principle of demand and supply significantly influences the Inspect token price. If more people want to buy INSP tokens than sell them, the INSP to USD price will go up. Conversely, if more people want to sell than buy, the price of Inspect crypto will decrease.

Level of On-chain Activity on Inspect Platform

As Inspect's platform gains more users and broader adoption, particularly given its focus on Web3 social intelligence, the demand for INSP tokens can increase, potentially driving up the $INSP price.

Future Developments in the Inspect Roadmap

Continuous development and updates to the Inspect platform, which improve its functionality and user experience, can positively influence the Inpsect token value.

Crypto Market Trends

The broader trends in the cryptocurrency market can also impact the INSP price. Bullish trends in the market often lift the prices of many cryptocurrencies, while bearish trends can lead to a drop in the Inspect token price.

Some of NFT Inspect’s partners include Avalanche, MoonPay, Polygon Labs, Ethermail, Ronin, Axie Infinity, and MultiversX.