1Inch Price Prediction 2023-2030: Will 1INCH Reach $100?
1INCH Latest Price
Performance in the last 12 months
- Last 5 Days: +5.8%
- Last 30 Days: -5.0%
- Last 6 Months: -6.7%
- Last 12 Months: -69.2%
1Inch Price Prediction: Is 1INCH a Good Investment?
The 1inch Network is a decentralized exchange (DEX) aggregator that provides users with better rates compared to other exchanges by searching for deals across various liquidity sources. It searches for the best path on more than 358 decentralized exchanges (DEXes) on various networks, including Ethereum, BNB Chain, Polygon, Optimism, Gnosis, Avalanche, Arbitrum, Fantom, Klaytn, and Aurora. This ensures infinite liquidity. 1inch Products Include
- Aggregation Protocol: Liquidity aggregation from multiple DEXes 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 offering 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, liquidity protocol, and more. With the introduction of Fusion mode, 1inch takes efficiency and security to the next level by combining liquidity from the entire crypto market in one place.
- The 1-inch Limit Order Protocol provides flexible limit order swaps in decentralized finance.
- The platform has 1-inch wallet to provide easy to navigate interface along with providing staking and storing functions.
- 1inch Network is the most audited project in decentralized finance and hence it offers high security.
- With 1inch Network’s fusion mode, users can exchange tokens on different decentralized exchanges without any network fees and MEV.
- 1inch Network facilitates all trades 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 in the market. The 1INCH token is a multichain token available on BNB and Ethereum.
The following are the primary use cases of the 1INCH token:
- 1INCH token is used as a connector in the 1Inch Liquidity Protocol for achieving high-efficiency routing.
- Being the governance token, 1INCH token is used to govern the network through voting mechanisms.
- Users can stake their 1INCH tokens to earn passive income.
The 1inch Network is not the only DEX aggregator solution available in the market; hence, it faces good competition. However, its use cases and key features make it one of the best DEX aggregator solutions currently available in the market. Thus, the 1inch Network is a moderate case for investment.
1inch Price Prediction Today
|Overall Outlook||Partially Bearish|
|1. Market's Wisdom||Partially Bearish|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Sell|
|2. Crowd's Wisdom||Partially Bearish|
|2a. Social Media Buzz||Lower|
|2b. Social Media Sentiment||Neutral|
1Inch Price Prediction: Will 1INCH reach $100?
To reach a value of $100, 1Inch will have to rise 187x times. At $100, 1Inch Market Cap will be $83 Billion. If 1Inch were to rise 25% every year, it would take 24 years to reach $100. Given that 1Inch is a moderate case for Investment. Here is the feasibility
- Growth needed to rise to $100: Not Feasible
- Market Cap at $100: Feasible
- Time required to reach $100 at 25% growth per annum: Not Feasible
Overall, 1Inch is unlikely to reach $100. What happens if 90% of coins are burnt.
At 90% burn, To reach a value of $100, 1Inch will have to rise 19x times. At $100, 1Inch Market Cap will be $8 Billion. If 1Inch were to rise 25% every year, it would take 14 years to reach $100. This looks more feasible.
1Inch Crypto Price Prediction: Will 1INCH reach $10?
To reach a value of $10, the 1INCH token would need to increase by almost 21.73 times its current market price. It’s important to note that the 1INCH token reached its all-time high price of $7.1 in May 2021, which represented a growth of almost 1.95 times in just four months (starting from the lowest price of $3.64 in February 2021).
Based on its 0.49 times growth in one month, it would take approximately 44.34 months (a little less than 4 years) for 1INCH to reach a price of $10. However, this timeline may be influenced by market conditions and other economic factors.
Thus, 1Inch Network can certainly reach $10, but it will take time depending upon the crypto market and 1inch’s use cases.
1INCH Price Prediction 2023, 2025 and 2030
- 1Inch Network Price Prediction 2023 is $0.86
- 1Inch Network Price Prediction 2025 is $1.6
- 1Inch Price Prediction 2030 is $7.0
Also Read: Injective Price Prediction
Where to Buy 1INCH Crypto?
1INCH tokens can be bought 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.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.