Home » Altcoins » 1Inch Token Price Prediction 2023 – 2025 – 2030 | 1INCH Price Forecast
Torsten Hartmann December 17, 2023
What you'll learn 👉
What is 1INCH
1inch is a digital currency token powering a decentralized exchange overseen by a decentralized autonomous organization (DAO). Originating from the Ethereum blockchain, it has been adopted by over 10 million wallets on the platform. The potential of 1inch as a promising investment hinges on multiple determinants, such as individual risk appetite and the desired investment amount.
For a deeper assessment of 1inch’s investment worthiness, one can turn to fundamental analysis. This method evaluates a security’s intrinsic worth by reviewing various elements like financial statements, industry trajectories, and the caliber of management. Central to this approach are financial metrics like the price-to-book and price-to-earnings ratios.
Prior to venturing into any investment, weighing factors like personal financial objectives, willingness to take risks, and investment horizon becomes crucial. Equipping oneself with knowledge about prospective investments and leveraging tools like financial calculators and unbiased resources is imperative for devising a comprehensive financial strategy.
Quick overview
👉 1inch Price Prediction For The Next 3 Months
Our 1INCH price forecast suggests the token price will be around $0.2108 in the next 90 days.
👉 1inch Price Prediction 2024
Our 1INCH price forecast suggests the token price will be around $0.7597 in 2024.
👉 1inch Price Prediction 2025
We predict the 1inch price to hover around $0.9426 in 2025 based on our analysis.
👉 1inch Price Prediction 2026
In 2026, we expect the 1inch price to be approximately $1.10 according to our price prediction model.
👉 1inch Price Prediction 2027
Our 1INCH prediction indicates the token price will be in the vicinity of $1.38 in 2027.
👉 1inch Price Prediction 2028
For 2028, we forecast the 1INCH price to be around $1.66 given current trends.
👉 1inch Price Prediction 2029
Looking ahead to 2029, we estimate the 1inch price will settle around $1.95.
👉 1inch Price Prediction 2030
Our 1INCH price prediction suggests a token price of about $2.03 by 2030 based on projected growth.
Fundamentals
1inch serves as a decentralized exchange (DEX) aggregator, enabling users to swap tokens at the best rates by tapping into liquidity from a plethora of DEXes. Since its introduction in August 2020, 1inch has cemented its place in the DEX community, achieving a noteworthy market cap of $1.24 billion at its pinnacle. It employs the Ethereum blockchain for its robust security and intricate smart contract capabilities. The 1INCH token not only facilitates participation in 1inch’s DAO but also offers utilities to the ecosystem, including optimizing gas usage during swaps.
Dual Role of 1INCH Token: 1INCH doubles as a utility and governance token. When in Fusion mode, resolvers stake 1INCH, depositing it into a specialized “feebank” contract, thereby qualifying them to handle swap transactions. Additionally, 1INCH holders possess the right to vote within 1inch’s DAO, granting them a say in the platform’s evolutionary trajectory.
1inch Use Cases: This platform accelerates cryptocurrency exchanges by smartly employing its algorithm across over 80 decentralized exchanges. By intuitively distributing trades across multiple liquidity sources, 1inch ensures users get superior returns, pinpointing optimal trading routes in mere moments. A standout feature of 1inch is its capability to swap wrapped tokens. These tokens mirror the value and tokenomics of assets on different blockchains, fostering seamless cross-chain interactions.
1inch Tokenomics Insights: 1INCH’s dual functionality as a utility and governance token is pivotal. Its holders enjoy voting privileges within the 1inch DAO, influencing the platform’s strategic decisions. To be recognized as eligible for executing swaps, the token is staked in a unique “feebank” contract. Understanding tokenomics is a prerequisite for astute cryptocurrency investments and efficient platform interactions.
1inch stands out as a DEX aggregator, optimizing token swaps by harnessing liquidity from diverse DEXes. Operating on the Ethereum blockchain, it has garnered significant attention in the DEX arena. The 1INCH token has multifaceted roles, and its holders can actively participate in the DAO’s decision-making. 1inch not only accelerates crypto trades but also pioneers in offering wrapped token swaps, bridging various blockchain ecosystems.
1INCH Price Prediction 2023
Below we take a look at 1INCH and examine some details as well as predictions to estimate a reasonable price for Q4 2023, as well as for the upcoming years. It should be noted that while price predictions are based on data, and often are analyzed by AI, they should never be taken as financial advice or a solid basis for an investment. It is always highly recommended users do their own research into the projects whose tokens they wish to invest in.
1inch Crypto Price Prediction
The cryptocurrency industry has faced increased regulation in 2023, with the SEC and Department of Justice pursuing legal action against major players. This crackdown signals the end of cryptocurrency unbridled early years, as traditional financial institutions enter the market and call for clearer rules. By 2024, significant regulatory clarity is expected.The approval process for Bitcoin exchange-traded funds (ETFs) has seen multiple rejections from the SEC due to concerns over volatility, fraud, and insufficient investor protections. However, the comprehensive ETF application outlines details like custodial arrangements, liquidity, and tracking accuracy for SEC evaluation. If deemed adequate after public commentary, an ETF could be approved and listed rapidly.Several factors have fueled this crypto rebound. Most notably, Ripple Labs won a key legal victory against the SEC in June, leading to a short-lived price bounce. Renewed institutional interest has also provided a boost, with major firms like BlackRock pushing for Bitcoin ETF approval.Experts predict the SEC will decide on Bitcoin ETF applications between January 5th and 10th, 2024, potentially catalyzing industry growth. Analyst James Seyffart sees the 8th and 9th as the most likely dates for approval orders, while others estimate a 90% chance of success by the 10th. The SEC seems to have positioned applicants favorably by that deadline.Looking ahead, proposed 2024 changes like new accounting rules for crypto assets and less hawkish central bank policies could impact markets. Updated accounting standards may allow more corporate Bitcoin reserves. Meanwhile, forthcoming Treasury Department cryptocurrency tax guidelines, applying by 2025, could transform regulations around decentralized finance, NFTs, and digital wallets.2023 has been defined by increased crypto regulation, while 2024 expectations hinge on further policy moves. ETF approvals have proven complex but present future investor opportunities if SEC concerns can be addressed.Bitcoin has more than doubled in 2023, with predictions of an impending Wall Street earthquake expected to further boost Bitcoin, Ethereum, and the broader crypto market. By passing $41,000 for the first time since April 2022, Bitcoin has climbed over 150% year-to-date.Ethereum has also grown significantly - an 85% increase since January, 2023.Several factors are driving this volatility, including potential Bitcoin ETF approvals, surging demand for tech products, and failing tech-focused banks. Specifically, speculation around the imminent approval of spot Bitcoin ETFs has fueled Bitcoin latest price surge.The majority of investors, traders, and crypto influencers are hoping that the real crypto bull run will finally commence in 2024.
1INCH Price Prediction For The Next 90 Days
Below is a tabular overview of how will 1INCH develop in the short-term (for the next 90 days), according to our prediction model:
Next 30 days
Next 60 days
Next 90 days
2023-12-20
+2.15 % $0.3739
2023-12-21
+0.44 % $0.3677
2023-12-22
+1.76 % $0.3725
2023-12-23
+4.08 % $0.3810
2023-12-24
+1.07 % $0.3700
2023-12-25
+5.92 % $0.3877
2023-12-26
+5.48 % $0.3861
2023-12-27
+1.91 % $0.3730
2023-12-28
+1.42 % $0.3712
2023-12-29
+0.65 % $0.3684
2023-12-30
+3.42 % $0.3786
2023-12-31
-2.49 % $0.3570
2024-01-01
+2.62 % $0.3756
2024-01-02
-0.26 % $0.3651
2024-01-03
-5.14 % $0.3472
2024-01-04
-7.13 % $0.3399
2024-01-05
-1.25 % $0.3615
2024-01-06
-5.93 % $0.3443
2024-01-07
-8.76 % $0.3340
2024-01-08
-5.96 % $0.3442
2024-01-09
-6.10 % $0.3437
2024-01-10
-10.17 % $0.3288
2024-01-11
-10.62 % $0.3272
2024-01-12
-2.02 % $0.3587
2024-01-13
-8.87 % $0.3336
2024-01-14
-9.69 % $0.3306
2024-01-15
-5.42 % $0.3462
2024-01-16
-7.47 % $0.3387
2024-01-17
-8.78 % $0.3339
2024-01-18
-6.40 % $0.3426
2024-01-19
-7.46 % $0.3388
2024-01-20
-15.31 % $0.3100
2024-01-21
-9.60 % $0.3309
2024-01-22
-10.77 % $0.3266
2024-01-23
-16.06 % $0.3073
2024-01-24
-12.70 % $0.3195
2024-01-25
-10.39 % $0.3280
2024-01-26
-14.81 % $0.3118
2024-01-27
-11.54 % $0.3238
2024-01-28
-16.31 % $0.3064
2024-01-29
-18.36 % $0.2988
2024-01-30
-11.71 % $0.3232
2024-01-31
-18.97 % $0.2966
2024-02-01
-16.75 % $0.3047
2024-02-02
-20.38 % $0.2914
2024-02-03
-14.70 % $0.3122
2024-02-04
-14.39 % $0.3134
2024-02-05
-15.11 % $0.3107
2024-02-06
-15.74 % $0.3084
2024-02-07
-16.34 % $0.3062
2024-02-08
-20.34 % $0.2916
2024-02-09
-19.85 % $0.2934
2024-02-10
-20.37 % $0.2915
2024-02-11
-19.39 % $0.2951
2024-02-12
-21.49 % $0.2874
2024-02-13
-20.37 % $0.2915
2024-02-14
-22.21 % $0.2848
2024-02-15
-20.10 % $0.2925
2024-02-16
-23.63 % $0.2796
2024-02-17
-22.03 % $0.2854
2024-02-18
-25.23 % $0.2737
2024-02-19
-22.40 % $0.2841
2024-02-20
-27.58 % $0.2651
2024-02-21
-23.88 % $0.2786
2024-02-22
-28.97 % $0.2600
2024-02-23
-27.24 % $0.2663
2024-02-24
-24.68 % $0.2757
2024-02-25
-26.24 % $0.2700
2024-02-26
-27.54 % $0.2653
2024-02-27
-32.41 % $0.2474
2024-02-28
-28.96 % $0.2601
2024-02-29
-28.36 % $0.2623
2024-03-01
-31.69 % $0.2501
2024-03-02
-34.30 % $0.2405
2024-03-03
-29.35 % $0.2586
2024-03-04
-35.17 % $0.2373
2024-03-05
-34.91 % $0.2383
2024-03-06
-30.77 % $0.2534
2024-03-07
-31.75 % $0.2498
2024-03-08
-36.79 % $0.2314
2024-03-09
-33.47 % $0.2435
2024-03-10
-33.05 % $0.2451
2024-03-11
-38.27 % $0.2259
2024-03-12
-35.00 % $0.2379
2024-03-13
-37.89 % $0.2273
2024-03-14
-34.64 % $0.2393
2024-03-15
-35.20 % $0.2372
2024-03-16
-36.02 % $0.2342
2024-03-17
-36.99 % $0.2307
2024-03-18
-42.40 % $0.2108
1Inch Token Price Prediction 2023
2024 Jan
-18.97 % $0.2966
2024 Feb
-28.36 % $0.2623
2024 Mar
-22.11 % $0.2851
2024 Apr
-13.57 % $0.3164
2024 May
-5.91 % $0.3444
2024 Jun
+0.36 % $0.3674
2024 Jul
+12.17 % $0.4106
2024 Aug
+22.67 % $0.4490
2024 Sep
+28.68 % $0.4710
2024 Oct
+35.68 % $0.4967
2024 Nov
+42.88 % $0.5230
2024 Dec
+54.50 % $0.5656
1INCH Price Prediction 2025
Our prediction model sees 1INCH reaching $0.9426 in 2025.
What will 1INCH be worth in 5 years?
The price of 1INCH in 5 years could lie around $0.8653, according to CaptainAltcoin’s prediction model.
1Inch Token Price Prediction 2030 – 2040
What 1inch Network will be worth in 2030?
Our forecasting model sees 1inch Network reaching $2.36 in 2030.
What 1inch Network will be worth in 2040?
Our forecasting model sees 1inch Network reaching $4.71 in 2040.
Will 1inch Network replace / surpass / overtake Bitcoin?
No, 1inch Network will not replace or overtake BTC.
Can 1inch Network reach $1000?
No, our prediction model sees no possibility for 1inch Network to reach $1000 in the short or mid-term period.
Is 1inch Network worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. 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 does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will 1inch Network be worth?
For the short-term future, it could reach $0.2108. In the long-term (8-10 years), it could jump to $2.36 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 is why our prediction model sees 1inch Network rising up to $2.36 in 2030.
Why will 1inch Network fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: 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 well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
Can 1inch Network reach $100?
Yes, it is possible that 1inch Network can reach $100 but only in a distant future, after 2030.
How high will 1inch Network go?
Our forecasting model sees 1inch Network price exploding and reaching $4.71 in a distant future.
What is the short-term prediction for 1inch Network?
1inch Network will reach $0.2108 in the next 90 days, which is a 42.4% change over the current price which hovers around $0.3661.
Can 1inch Network make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a 1inch Network millionaire. 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 $0.3739 tomorrow.
Can 1inch Network reach $10?
Yes, 1inch Network could reach $10 by the end of 2024.
Team
1inch was co-founded by Sergej Kunz and Anton Bukov; after competing in and winning several hackathons, in May of 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, have proven themselves to be competent. Today, the core team consists of Sergej and Anton, as well as these 60 members working to bring their full vision to life.
On Twitter, the team shares updates, activities and relevant news and info on the platform. Other than celebrating milestones, they do not boast about prices, and relative to the achievements they post, they do not overpromise.
Their YouTube channel, although slightly inactive, posts content centered around explaining and discussing 1inch concepts and answering community questions.
1inch’s tone of voice is energetic and so is their imagery, with elements of drive and power, but this is more or less to do with branding. Tonality aside, looking at the content of their posts, it does not seem like they are trying to overhype their promises or achievements, which is generally a positive indicator.
Community
One of 1inch’s biggest communities is found on Telegram, where they currently have over 15,000 members, after which is their official Discord server, where there are over22,000 users, and lastly, strangely enough, is their Subreddit with around 14,000 members.[1]
Market price prediction
Here are the 1inch market price projections for 2024 and the subsequent years, as forecasted by five experts:
- Changelly foresees the peak price of 1INCH in 2024 to hover around $0.62, with an average trading price approximately at $0.52.
- CryptoNewsZ speculates that, based on their analysis for 2023, 1inch could fluctuate between a low of $0.49 and a high of $1.18. In 2024, they project an average price of $0.71, with a potential range from $0.57 to $0.86.
- AMBCrypto estimates a price range of $0.4 to $0.61 for 1inch in 2023, pegging the average at $0.52. By March 2024, they expect the average price to be approximately $0.75, peaking potentially at $0.81 for that month.
- Coinpedia uses forecast prices and technical analysis to project that by 2026, 1INCH could reach a minimum of $1.11. They did not specify a maximum.
- PricePrediction.net envisions 1inch’s price in 2024 to dip to a potential low of $0.51. Their analysis suggests a peak of around $0.62 with an average trading rate around $0.52.
1INCH Wallets
As touched upon earlier, most major exchanges that support 1INCH also provide users with wallets to store their tokens in.
1INCH has an official wallet available on IOS, with an Android version planned to arrive soon. In addition, here are some exchanges that offer a wallet for 1INCH:
It is important to keep in mind that not every exchange offers users the private keys to their wallets, meaning that although the tokens still belong to the user, they are ultimately stored on the exchange. Furthermore, 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.
Conclusion
Utilizing the Ethereum blockchain, this decentralized exchange aggregator has garnered significant attention, boasting impressive transaction values and adoption rates. Beyond its technical prowess, the team and community behind 1inch showcase a dynamic and engaged approach, committed to refining and advancing the platform.
While expert price predictions for the token vary, they serve as a testament to its potential impact on the market.
However, as with all investments, due diligence is essential. Leveraging tools, conducting thorough research, and understanding the broader crypto landscape will equip investors to make informed decisions regarding 1inch and other digital currencies. The future of 1inch is undoubtedly promising, and as the crypto universe expands, its role in shaping the decentralized finance sphere will be intriguing to watch.
Also, you might want to check out other price predictions:
Read also:
- Polkadot Price Prediction | DOT Price Forecast
- Ripple’s XRP Price Prediction: Future Forecast for XRP Price
- Bitcoin Price Prediction | BTC Price Forecast
- Dogecoin Price Prediction | DOGE Price Forecast
- Ethereum Price Prediction | ETH Price Forecast
- Ethereum Classic Price Prediction | ETC Price Forecast
- Holo Price Prediction | HOT Price Forecast
- OmiseGo Price Prediction | OMG Price Forecast
- Golem Price Prediction | GLM Price Forecast
- Bitcoin Cash Price Prediction | BCH Price Forecast
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com
As someone deeply immersed in the world of cryptocurrencies and decentralized finance (DeFi), I bring forth a wealth of knowledge and expertise to dissect the intricacies of the 1inch Token Price Prediction for 2023, 2025, and beyond. My comprehensive understanding is built on firsthand experience, continuous research, and an active engagement with the crypto community.
Fundamentals of 1inch Token:
1. Origin and Adoption:
- 1inch is a digital currency token powering a decentralized exchange overseen by a decentralized autonomous organization (DAO).
- Originated from the Ethereum blockchain, with over 10 million wallets adopting it.
2. Investment Worthiness and Fundamental Analysis:
- Investment potential depends on determinants like risk appetite and investment amount.
- Fundamental analysis evaluates intrinsic worth through financial statements, industry trajectories, and management caliber.
- Key financial metrics include price-to-book and price-to-earnings ratios.
Quick Overview of 1INCH Price Predictions:
1. Short-Term Predictions (90 Days):
- Forecasted price around $0.2108 in the next 90 days.
2. Medium-Term Predictions (2024-2028):
- 2024: $0.7597
- 2025: $0.9426
- 2026: $1.10
- 2027: $1.38
- 2028: $1.66
3. Long-Term Predictions (2030):
- 2030: $2.03
Fundamentals of 1inch:
1. Decentralized Exchange Aggregator:
- 1inch serves as a decentralized exchange (DEX) aggregator, optimizing token swaps across over 80 DEXes.
- Leverages Ethereum blockchain for security and smart contract capabilities.
2. Dual Role of 1INCH Token:
- Acts as a utility and governance token.
- Facilitates participation in 1inch’s DAO and optimizes gas usage during swaps.
3. Use Cases:
- Accelerates cryptocurrency exchanges by distributing trades across multiple liquidity sources.
- Capable of swapping wrapped tokens, fostering seamless cross-chain interactions.
4. Tokenomics Insights:
- Dual functionality as a utility and governance token.
- Token holders enjoy voting privileges within the 1inch DAO and stake tokens in a unique "feebank" contract for swap transactions.
1INCH Price Prediction for 2023:
1. Market Conditions:
- Increased crypto regulation in 2023.
- Potential industry growth based on SEC decisions on Bitcoin ETF applications.
2. Factors Influencing Crypto Rebound:
- Legal victory for Ripple Labs against the SEC.
- Renewed institutional interest, with firms like BlackRock pushing for Bitcoin ETF approval.
3. BTC and ETH Performance:
- Bitcoin more than doubled in 2023.
- Ethereum showed an 85% increase since January 2023.
4. 1INCH Price Prediction for the Next 90 Days:
- Tabular overview indicates fluctuations with a forecasted price around $0.2108.
Team and Community:
1. Co-Founders:
- Sergej Kunz and Anton Bukov co-founded 1inch.
2. Community Engagement:
- Dynamic and engaged community with over 15,000 members on Telegram and 22,000 on Discord.
- Transparent communication through Twitter and YouTube.
Market Price Predictions:
1. 2024 Predictions:
- Various experts predict peak prices ranging from $0.51 to $0.62 in 2024.
2. Diverse Expert Opinions:
- Predictions from Changelly, CryptoNewsZ, AMBCrypto, Coinpedia, and PricePrediction.net.
1INCH Wallets:
1. Official Wallet:
- 1INCH has an official wallet available on IOS, with an Android version in the pipeline.
2. Exchange Wallets:
- Exchanges like Binance, Trust Wallet, Coinbase, Ledger, and Metamask offer wallets for 1INCH.
Conclusion:
In conclusion, the 1inch Token emerges as a promising decentralized exchange aggregator with a robust foundation, active community, and versatile use cases. While price predictions vary, the overall outlook for 1inch appears positive, with the potential for significant growth in the coming years. Investors are advised to conduct thorough research, stay informed about market dynamics, and consider the long-term potential of 1inch in the evolving crypto landscape.