The 1-inch network is a decentralized exchange aggregator (DEX) that offers users better rates than other exchanges by searching for offers on various sources of liquidity. Find the best path on more than 358 decentralized exchanges (DEX) on various networks, including Ethereum, BNB Chain, Polygon, Optimism, Gnosis, Avalanche, Arbitrum, Fantom, Klaytn, and Aurora. This ensures infinite liquidity. 1-inch products
include
- Aggregation protocol: aggregation of liquidity from multiple DEXs to ensure the best swap rates.
- Liquidity Protocol: a next-generation automated market maker (AMM) that offers capital efficiency to liquidity providers
- 1inch Earn: a derivative-based product that offers attractive APYs to liquidity providers
- 1inch RabbitHole: a feature that protects MetaMask users from sandwich attacks.
The 1inch protocol is a one-stop access to decentralized finance, offering a variety of DeFi products and services, including DApp, wallet, aggregation protocol, limit order protocol, limit order protocol, liquidity protocol, and more. With the introduction of Fusion mode, 1inch takes efficiency and security to the next level by combining the liquidity of the entire cryptocurrency market in one
place.
Key Features
- The 1-inch Limit Order protocol provides flexible limit order swaps in decentralized finance.
- The platform has a 1-inch wallet to provide an easy-to-navigate interface along with providing staking and storage functions.
- 1inch Network is the most controlled project in decentralized finance and therefore offers high security.
- With the 1inch Network merger mode, users can exchange tokens on different decentralized exchanges without network and MEV costs.
- 1inch Network facilitates all operations on any of the supported blockchain and layer-2 networks.
The 1INCH token is the native utility and governance token of the 1inch network, with a total supply of 1.5 billion tokens. Currently, 834 million 1INCH tokens are in circulation on the market. The 1INCH token is a multichain token available on BNB and Ethereum
.
The following are the main use cases of the 1INCH token:
- The 1INCH token is used as a connector in the 1Inch liquidity protocol to achieve high-efficiency routing.
- As the governance token, the 1INCH token is used to govern the network through voting mechanisms.
- Users can stake their 1INCH tokens to earn passive income.
The 1-inch network isn’t the only DEX aggregation solution available on the market; therefore, it faces good competition. However, its use cases and key features make it one of the best DEX aggregator solutions currently available on the market. Therefore, the 1-inch network is a moderate case for investment
.
1Inch Price Prediction: Will 1INCH reach $100?
To reach a value of $100, 1Inch will need to increase 187x times. At $100, the market capitalization of 1 inch will be $83 billion. If 1Inch were to increase by 25% every year, it would take 24 years to reach $100. Since 1Inch is a moderate case for investments. Here is the feasibility
- The growth needed to rise to $100: not feasible
- Market capitalization at $100: feasible
- Time needed to reach $100 with 25% growth per year: not feasible
Overall, 1Inch is unlikely to reach $100. What happens if 90% of the coins are burned
.
At 90% burn time, to reach a value of $100, 1Inch will have to rise 19x times. At $100, the market capitalization of 1 inch will be $8 billion. If 1Inch were to increase by 25% every year, it would take 14 years to reach $100. This seems more doable.
1 inch Crypto price prediction: Will 1 inch reach $10?
To reach a value of $10, the 1INCH token would have to increase by almost 21.73 times its current market price. It’s important to note that the 1INCH token reached its all-time highest price of $7.1 in May 2021, which represented a growth of nearly 1.95 times in just four months (starting from the lowest price of $3.64
in February 2021).
Based on its growth of 0.49 times in a month, it would take about 44.34 months (just under 4 years) for 1INCH to reach a price of $10. However, this timing may be affected by market conditions and other economic factors
.
Thus, 1Inch Network can certainly reach $10, but it will take some time depending on the crypto market and 1-inch use cases.
1INCH Price Prediction 2023, 2025 and 2030
- The 2023 1Inch network price prediction is $0.86
- The 2025 1-inch network price prediction is $1.6
- 1Inch Price Prediction 2030 is $7.0
Where to buy 1INCH Crypto?
1INCH tokens can be purchased from various centralized and decentralized crypto exchanges such as Binance, Coinbase Exchange, KuCoin, Bitstamp, Kraken, Bitfinex, OKX, WazirX, 1Inch Liquidity Protocol, Gate.io, Crypto.com Exchange, Bittrex, PancakeSwap, SushiSwap and Uniswap.