1INCH Crypto Price Prediction 2023-2030: Will 1INCH Reach $100?

Latest 1INCH Price

Metric	Last 24 Hours	Trend
Net Social Media Sentiment	85.7%	Lower

Latest 1Inch News

According to the Carbon DeFi Twitter page, Carbon DeFi has announced its integration with 1inch. This integration aims to enhance the efficiency of executing automated recurring limit and range orders within the Carbon DeFi platform.
Recently, 1 Inch has unveiled a new analytics dashboard, and it was built by Warden Finance. It offers real-time metrics on aggregator performance, Fusion mode resolvers, $1INCH token statistics, and Treasury data across multiple chains. It was created based on a community-driven proposal (1IP-18) and involved collaboration with experts.
As per CryptoDep, 1 Inch has been highlighted as the top crypto of the day in terms of social activity, with 25.9 million social engagements recorded over the past 24 hours.
1 Inch has partnered with TrustWallet for a swap competition called “Need for Swap”. During the competition, participants had the opportunity to win cash prizes from a $25,000 $USDC pool. The competition took place from Sep. 21 to Oct. 4.

1Inch Crypto, Buy or Sell – Crowd Poll

1Inch Crypto 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 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.

Key Features

The 1-inch Limit Order Protocol provides flexible limit order swaps in decentralized finance.
The platform has 1-inch wallet to provide an 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, 1.03 Billion 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.

Performance so far

Year to Date: -31.4%
Last 12 Months: -54.8%
Since Launch: -83.6%

The 1-inch 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 poor case for investment.

1inch Price Predictions

1Inch Crypto 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.

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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 Crypto Price Prediction Today

UTC: Oct 4th, 2023 06:21 AM

1INCH Price Prediction in the next 24 hours is between $0.247 and $0.259
1INCH Price Prediction this week is between $0.240 and $0.274

UTC: Oct 4th, 2023 06:15 AM

Overall Outlook	Neutral

1. Market's Wisdom	Bullish
1a. Market Data	Partially Bullish
1b. Technical Recommendation	Buy

2. Crowd's Wisdom	Bearish
2a. Social Media Buzz	Lower
2b. Social Media Sentiment	Lower