1Inch is a DEX aggregator (decentralized exchange) that claims to enable fast, profitable and secure operations in the DeFi (decentralized finance) space by routing and connecting multiple leading DEXs[1]. 1INCH is the token that powers the 1Inch network/ecosystem; It facilitates multiple tokenomics and serves as a governance and utility token[2].
2 years after their launch, their tokens are listed on over 50 exchanges and have gained a lot of attention with the growing popularity of DeFi.
But 1INCH is still relatively new in an ever-changing market; What exactly is it and how much potential does it have? Has it stabilized at a justified price or does it still have room to grow?
Table of Contents:
1INCH Price Prediction 2021
Below we take a look at 1INCH and review some details and predictions to estimate a reasonable price for 2021, as well as for the coming years. It should be noted that while price forecasts are data-driven and are often analyzed by AI, they should never be taken as financial advice or a solid foundation for an investment. Users are always advised to do their own research on the projects they wish to invest in.
1Inch token price prediction
The entire cryptocurrency world is on the verge of complete collapse. Bitcoin fell 75% from its all-time high amid broader market declines caused by furious inflation and the US Fed’s rate hikes.
When you add the most recent collapses of huge industry players (FTX, Celsius, Moon etc.) into the equation, the horizon is murky and there will be more blood on the streets of the crypto city.
Investors are selling risky assets and moving to more stable markets. Crypto is still perceived as a very risky game and therefore sell off.
Our algo still sees some green in 2023, especially in the second half of the year. This is reflected in our forecast for 2023.
Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend.
Once Bitcoin settles into the new price range, altcoins will start doing the same – we’ve seen this scenario dozens of times in distant and more recent history.
Our price forecasting model is bearish for the next 90 days with a hint of a bull market straddling quarters from Q1 to Q2. We expect whales and other larger players in the market to finish filling their bags around that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential, and some other proprietary factors developed in our crypto lab.
1INCH Price Prediction 2025
Our forecast model sees 1INCH reaching $0.9771 in 2025.
How much will 1INCH be worth in 5 years?
The price of 1INCH in 5 years could be around $ 0.8618
1Inch Token Price Prediction 2030 – 2040
Which 1Inch net will be worth in 2030?
Our forecast model sees 1inch Network reach $2.44 in 2030.
Which 1Inch net will be worth in 2040?
Our forecast model sees 1inch Network reach $4.89 in 2040.
Will 1inch Network replace/surpass/surpass Bitcoin?
No, 1inch Network will not replace or exceed BTC.
Can 1Inch Net Reach $10?
Yes, the 1Inch net could reach $10 by the end of 2022.
Can 1Inch Net Reach $1000?
No, our forecasting model sees no chance for 1inch Network to reach $1000 in the short or medium term.
Is 1inch Network worth buying?
We are supporters of moderately risky investments: invest most of your cryptocurrency portfolio in BTC (50%); 35% in a basket of large-cap coins and the rest in small projects with huge increases. So, in this context, 1inch Network is worth buying.
Is 1inch Network a good investment?
1inch Network is, just like all other cryptocurrencies, a risky investment. It is more likely to go up than down because of the good use case, well-designed tokenomics, active community, and a strong team behind it.
How much will 1inch Network be worth?
For the short-term future, it could reach $0.2391. In the long term (8-10 years), it could jump to $2.44 or even higher.
Why will 1inch Network succeed and go up in price?
1inch Network has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that’s why our forecasting model sees 1inch Network rise to $2.44 in 2030.
Why will 1inch Network go bankrupt and go down in price?
Cryptographic projects fail for various reasons. Some of the most common are: the team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of a well-designed marketing strategy, loss of community support, potential vulnerability in the protocol, failure to achieve the minimum development activity foreseen on the protocol, inability to attract new developers to build on their platform.
Can 1Inch Net Reach $100?
Yes, it is possible that the 1Inch network could reach $ 100 but only in the distant future, after 2030.
How high will the network go from 1Inch?
Our prediction model sees the price of the 1Inch network explode and reach $4.89 in the distant future.
What is the short-term forecast for 1inch Network?
1inch Network will reach $0.2391 over the next 90 days, which is a 37.6% change from the current price which hovers around $0.3832.
Can 1inch Network make you a millionaire?
Yes, if you buy a large enough sum. Don’t expect to invest $100 and become a network millionaire from 1Inch. But 100x price explosions are a common sight in crypto, so a $10k investment in 1inch Network could make you a millionaire.
1inch Network Price Prediction Today – What will be the price of 1inch Network tomorrow?
1inch Network will hover around $0.4097 tomorrow.
fundamentals
Use case
The main utility of 1INCH as a token is its use as a connector to achieve high-efficiency routing in the 1inch liquidity protocol. Apart from that, it is used as a governance token to govern all current and future network protocols through governance modules of the 1inch aggregation protocol and the 1inch liquidity protocol. [2]
In practice, it is an exchange token that can be traded on and off the platform and can be wagered for prizes and voting on protocols. It may not seem like the token itself is doing something extraordinarily unique, but its value is heavily tied to what the platform itself has to offer and how it uses 1INCH to deliver.
The 1INCH token is currently also available on two chains, Ethereum and Binance Smart Chain[2], making it a multichain token that simplifies cross-chain trading.
team
1inch was co-founded by Sergej Kunz and Anton Bukov; after participating and winning several hackathons, in May 2019, for a hackathon in New York, they developed a DEX aggregator solution that, despite winning only a minor prize, became the basis for 1Inch. [3] [4]
The two had already cemented an impressive reputation from previous competitions and, with the success of 1Inch, proved competent. Today, the core team consists of Sergej and Anton, plus these 60 members working to bring their complete vision to life.
On Twitter, the team shares updates, activities and relevant news and information about the platform. In addition to celebrating milestones, they don’t brag about prices and, compared to the results they publish, they don’t promise too much.
Their YouTube channel, although slightly down, posts content focused on explaining and discussing 1inch concepts and answering questions from the community.
The tone of voice of 1inch is energetic, as well as their images, with elements of driving and power, but this has more or less to do with branding. Aside from the hue, looking at the content of their posts, it doesn’t seem like they’re trying to overdo it with their promises or achievements, which is generally a positive indicator.
community
One of 1inch’s largest communities is located on Telegram, where they currently have over 15,000 members, after which it is their official Discord server, where there are almost 11,000 users, and finally, oddly enough, it is their Subreddit with about 4,000 members. [1]
On Twitter, 1inch is tweeted about every couple of minutes, and 1inch’s official account is followed by over 220,000 people. Overall, the community is alive and 1inch seems to be often discussed.
Wallet Exchanges and Support
At the moment, about 52 exchanges have listed 1inch on their exchange, according to Coinmarketcap, and although 1inch does not specify supported wallets other than their own, many of the major exchanges that support 1inch also have a 1inch wallet.
1INCH Price Prediction – Summary
To sum up, all available indicators suggest a reasonable increase in prices. It is impossible to pinpoint a specific figure, but it seems that a range of 70%-90% is suggested in the short term, scaling up to 250%-500% in the long term.
A reasonable short-term estimate: ~$6.13
1INCH Price Prediction 2025
Based on the above data and arguments, a price of the 1INCH token in 2025 could be between $10 and $20. A reasonable long-term estimate: ~$17.31
1INCH price prediction 2030
We are still not sure if 1Inch and similar projects have a long-term future and the 1INCH token could be worth ZERO in 2030 as the project may not exist by then. The chances are 50-50 in our eyes that this will happen.
Is it worth investing in 1INCH?
1INCH is a good short-term investment when the market is in the BULL race. Usually these types of DeFi projects do extraordinarily well when the overall crypto market is in green and far outperform other better-known projects. However, make sure you get out of it in time as they tend to take a hit during range and bear market cycles.
Why will 1INCH succeed?
Because it offers a valuable service, it has already built a name for itself in its niche and has not suffered security breaches or other types of compromises (economic, reputational, etc.). The token itself provides utility and makes sense, which is not the case with many other similar projects.
Why will 1INCH fail?
1INCH may fail due to fierce competition, dynamic technology field, and rocket speed developments in its niche.
Will 1INCH reach $10?
1INCH reaching $10 is in the realm of possibility, even in the short term. It could very well reach $10 within a year.
Can 1INCH reach $100?
1INCH will almost certainly NOT reach $100 in the near future, probably never.
Where and how to buy 1INCH
Where to buy 1INCH?
1INCH can be purchased on the 1Inch network or on many other exchanges such as Binance, Coinbase, FTX, Uniswap, Sushi and others. [5]
Visit 1inch now
How to buy 1INCH?
Buying cryptocurrencies may differ from one exchange to another, but here are solid guidelines for buying 1Inch:
- Select an exchange that supports 1INCH (recommendation: Binance) and check the KYC requirements (account verification) and available payment methods.
- Create an account on your preferred exchange.
- Buy 1INCH with your preferred payment method.
Already have an account on an exchange that supports 1INCH?
- Buy 1INCH with your preferred payment method.
- Exchange some of your tokens for 1INCH.
When buying or trading tokens, some exchanges may have minimum amounts; Usually these amounts are $10-$20 in the token equivalent. In addition, most exchanges issue commissions for purchases and swaps, these fees and their conditions differ from platform to platform, which is why it is worth comparing them to minimize costs.
1Inch wallets
As mentioned above, most major exchanges that support 1INCH also provide users with wallets in which to store their tokens.
It is important to keep in mind that not all exchanges offer users the private keys of their wallets, which means that although the tokens still belong to the user, they are eventually stored on the exchange. In addition, some exchanges may have minimum withdrawal amounts and withdrawal fees in place, and these fees differ from exchange to exchange. Deposit fees are extremely rare, as exchanges want to encourage users to store assets on their platform.
Summing it all
up
DeFi has gained a lot of popularity in recent times and continues to grow at an impressive rate. For a token like 1INCH that plays a role in this space, it is definitely a positive factor that reinforces its potential. That said, the external factors that benefit 1INCH also benefit its competition.
Current forecasts suggest a significant increase in price that is more or less in line with the growth of cryptocurrencies expected in the coming years. While it’s likely to see 1INCH reach ~$6 by the end of 2021, it goes without saying that some caution should be exercised before making big investments.
