1inch Price Prediction 2023-2031: Best swapping rates across DEXs
1inch Price Prediction 2023-2031
- 1inch Price Prediction 2023 – up to $0.76
- 1inch Price Prediction 2025 – up to $1.54
- 1inch Price Prediction 2028 – up to $4.76
- 1inch Price Prediction 2031 – up to $13.92
Aiming to provide the best rates by discovering the most efficient swapping routes across all leading DEXes, 1inch collates and aggregates token prices across a range of decentralized exchanges to seek out the best deals for clients. This 1inch Price Prediction will help you know more about the native token and the reasons for considering the coin for your portfolio.
At the beginning of 2022, the blockchain launched a documentation portal to help technical analysts gain access to crucial detailed descriptions of protocols on the platform. The 1inch aggregation protocol uses the Pathfinder Algorithm to find the best prices from more than 60 liquidity sources on Ethereum, more than 30 on Binance, and more than 30 liquidity sources on Polygon Optimistic Ethereum and Arbitrum.
As 2022 closes, the 1inch community has reason to celebrate: #1inch has hit 1.2M followers on #Twitter!
1inch was mentioned in 1,890 out of 1,551,584 social media posts on Twitter and Reddit on Dec 14, 2022. This is a 73.87% increase compared to yesterday’s volume. Additionally, 58 unique individuals are talking about 1inch and it is ranked #110 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, 1inch has an average sentiment score of 3.1 out of 5.
On Twitter, people are mostly neutral about 1inch. There were 27.42% of tweets with bullish sentiment compared to 16.13% of tweets with a bearish sentiment about 1inch. 56.45% of tweets were neutral about 1inch. These sentiments are based on 62 tweets.
Today’s 1inch Network price is $0.425533 with a 24-hour trading volume of $13,023,096. 1inch Network is down 1.59% in the last 24 hours. The current CoinMarketCap ranking is #87, with a live market cap of $325,222,064. It has a circulating supply of 764,269,261 1INCH coins and the max. supply is not available.
The price of 1inch has fallen by 4.03% in the past 7 days. The price declined by 1.25% in the last 24 hours. In just the past hour, the price shrunk by 0.33%.
Also Read:
- 1Inch Price Analysis: 1INCH falls below support at $2.95, a bearish retracement to follow?
- 1inch debuts on Avalanche and xDai Chain
- Best crypto exchanges for US residents: How to choose the best
What is 1inch?
1inch is the utility token for the 1inch network. 1inch is a DEX aggregator. 1inch exchange is developed to ease and convenience for DeFi users to obtain better services within the DeFi space.
An aggregator like 1inch derives its liquidity from several other DEXs and pools them into one platform. The pooling allows the DEX aggregator to offer its users the best swapping rates possible, beating all the individual DEX platforms like Uniswap and Sushiswap due to its vast liquidity provider pool.
Additionally, 1inch has undergone tremendous changes in its core over the years, and today, the platform embraces the Decentralized Autonomous Organization model.
The DAO model allows 1inch users to be more involved in shaping up the future direction 1inch, giving investors a significant level of control that isn’t available on other platforms.
1inch was launched in 2020 and has since realized impressive gains. It serves as the utility token for the 1inch platform, and holders use it to vote within the DAO model.
The liquidity pools created by the aggregation model ensure that 1inch stays ahead of other regular DEX platforms indicating that the future is bright, and investors are beginning to consider it as a good investment.
1Inch Price Predictions 2023-2031
1inch Technical Analysis
1Inch price analysis for December 14, 2022, reveals the market following an upward movement, showing increasing momentum, signifying positivity for the 1INCH market. The price of 1Inch has remained bearish over the past few hours. On December 13, 2022, the price drop occurred from $0.45 to $0.42. However, the market increased in value soon after and gained more value. Moreover, 1Inch has increased and reached $0.44, just moving onto the $0.45 mark, which is a significantly bold move considering the coins’ price history.
1Inch live price chart reveals the market’s volatility following a constant movement. This means that the price of 1Inch is becoming neither less nor more prone to the movement towards either extreme, showing dormant dynamics. The Bollinger’s band’s upper limit is $0.56, which is the strongest resistance point for 1INCH. Conversely, the lower limit of Bollinger’s band is $0.41, which is the strongest support point for 1INCH.
The 1INCH/USD price appears to be moving under the price of the Moving Average, signifying a bearish movement. The market’s trend seems to be dominated by bears. Moreover, the 1INCH/USD price appears to be moving linearly, illustrating a stable market. The market appears to be showing bullish potential.
1Inch price analysis reveals that the Relative Strength Index (RSI) is 30 showing an undervalued cryptocurrency market. This means that cryptocurrency is under the lower-neutral region. Furthermore, the RSI appears to move linearly, indicating a constant market. The equivalence of buying and selling activities causes the RSI score to remain dormant.
1Inch price analysis reveals that the cryptocurrency follows a consistent trend with much room for activity on the positive extreme. Moreover, the market’s current condition appears to be following a neutral approach, as it shows the potential to move to either bullish extreme. The market shows much potential for development towards the increasing end of the market.
1inch Price Predictions by Cryptopolitan
1inch Price Prediction 2023
1Inch’s price prediction 2023 by Cryptopolitan expects an overall bullish trend leading to a maximum price of $0.76, indicating a significant gain on the current price. We also anticipate a minimum price level of $0.61 and an average market price of $0.63. Their new developments and frequent updates could influence the price levels of the cryptocurrency and enter a bull market.
1inch Price Prediction 2024
1INCH is forecasted to attain a maximum price of $1.07 based on our 1Inch price forecasts for 2024 showing huge upside potential. Investors can expect an average price of $0.92, with its lowest possible price set at $0.89.
1inch Price Prediction 2025
Our 1Inch price prediction 2025 anticipates 1Inch to reach a maximum price of $1.54 by the end of the year. A minimum price of $1.32 and an average price of $1.36 are expected. With a higher adoption of blockchain-based applications in the future, 1INCH could see an enormous increase in price.
1Inch Price Prediction 2026
1INCH is anticipated to have an overall bearish market based on our 1Inch price prediction 2026, leading to a maximum price of $2.27 and a minimum price of $1.87, respectively. An average market price of $1.94 is expected. Crypto volatility and market restrictions are forces that lead to these low prices.
1inch Price Prediction 2027
According to our 1Inch price prediction for 2027, 1INCH investors will record huge profits, as the cryptocurrency could reach a peak price of $3.30. Throughout the year, 1Inch is assumed to maintain an average price of $2.84 and a minimum price of $2.74. Due to reduced fees, transparency, security, as well as faster transactions, 1Inch could witness a surge in price.
1inch Price Prediction 2028
Based on our 1Inch price prediction for 2028, 1INCH could trade between a minimum price of $3.98 and a maximum price of $4.76. The expected average price is $4.13. Being one of the best-performing digital coins in the crypto market, there would be a huge demand for the token in the future, leading to a massive increase in price.
1inch Price Prediction 2029
According to our 1Inch forecast for 2029, 1INCH will trade at a maximum price of $6.95, indicating an increase in the current price of up to a significant degree. The digital coin is expected to maintain an average trading price of $5.71 and a minimum price of $5.50 throughout the year.
1Inch Price Prediction 2030
According to our 1Inch price prediction forecast 2030, 1INCH is predicted to attain a maximum price of $9.42. We also anticipate a significant increase in the price support level leading to a minimum price of $7.99 and an average market price of $8.22.
1inch Price Prediction 2031
1INCH is predicted to maintain an overall bullish trend leading to a peak predicted price of $13.92 based on our 1Inch price prediction 2031. The price indicates a significant increase in the current market price. An average price of $12.05 and a minimum price of $11.64 is expected. The digital coin has huge potential that could attract many users, influencing these high prices compared to past performance.
1inch Price Predictions by Coin Arbitrage Bot
Our projection has an ambitious favorable prognosis for 2022, making 1INCH a worthy investment in a cryptocurrency forecast website during the year’s surge. It asserts that 2022 will be a perfect year for 1INCH on the exchange and that the greatest price anticipated to enter 2022 during that time will be approximately $2.82789.
1inch Price Predictions by CaptainAltCoin
According to CaptainAltCoin’s 1Inch price prediction, the coin might decline in the near future, reaching $0.4185 in December 2022. However, a rebound was possible by October 2023, when it was expected that the price of the cryptocurrency would be $0.8572. The website then predicted a 1Inch price of $1.44 for 2025 before saying it may fall to $1.31 in October 2027. The prognosis stated that by 2030, things would change, and 1Inch might be worth $3.61 before predicting a long-term future price of $7.21 for 1Inch in 2040.
1inch Price Predictions by Digital Coin Price
According to a 1Inch cryptocurrency price forecast by DigitalCoinPrice, the token might be worth $0.63 this year and $0.96 the next year. According to the website, by 2024 the cryptocurrency may have surpassed the $1 mark and be trading at $1.25, rising to $1.53 in 2025, $1.63 in 2026, and $1.83 in 2027. It was predicted that 1Inch will cost $2.14 by 2028 and $2.58 by the decade’s end. The website then predicted a 1Inch price of $3.18 for 2030 before suggesting it would reach $3.95 in 2031.
Conclusion
The 1inch roadmap includes a number of feature upgrades as it continues to gain popularity. Some somewhat convincing arguments for holding the 1inch token at this time are shown by an initial deep dive into the network’s innovation. According to the 1inch prediction, these coins will reach their all-time high in 2031.
Since its inception, the 1inch ecosystem has attracted investors thanks to a thriving community and the arbitrage opportunities it offers to investors. Given that the token has a low price in relation to the total quantity that is in circulation, traders may purchase a big 1inch with a relatively modest investment.
Remember that your decision should be based on your comfort level with losing money, risk tolerance, market knowledge, portfolio spread, and other factors. Never forget that investing in cryptocurrencies may be quite risky, and past success is no guarantee of future results. Defi initiatives like 1inch are also vulnerable to assaults from malicious actors that exploit system flaws. 1inch’s cryptocurrency research and forecast do not constitute investment advice. Never risk more money than you can afford to lose on anything, and do your own research.
The 1inch ecosystem has continued to draw investors since its launch with a growing community and the arbitrage opportunities it provides to investors. Traders can acquire a large 1inch with a relatively small investment, given that the token has a small price from the total circulating supply.
1inch token is likely to continue soaring in the future with collaboration from other DeFi protocols. As the DeFi industry matures, 1inch is expected to play a leading role and could be worth over $35 by 2030. The staking program is also expected to attract more investors in the coming years.
1inch is rapidly gaining popularity and has multiple feature updates on its roadmap. An initial deep dive into the innovation of this network provides some relatively compelling reasons to own the 1inch token right now. The 1inch forecast shows that crypto coins will hit an all-time high (the highest price) in 2027.
Keep in mind that your selection should be dependent on your risk tolerance, market expertise, portfolio spread, and how comfortable you are with losing money. Always keep in mind that cryptocurrencies are very volatile investments, and previous performance is no guarantee of future outcomes. Never put more money into something than you can afford to lose.
Defi projects like 1inch are also prone to attacks by bad actors who take advantage of vulnerabilities in the system. 1inch crypto analysis and prediction are not investment advice.
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