The post 1inch Network Price Prediction 2024, 2025, 2030: Will 1INCH Crypto Skyrocket To $1? appeared first on Coinpedia Fintech News
Story Highlights
The live price of 1 Inch network is $ 0.41563385.
1-inch Network price might surge as high as $0.857 by the end of 2024.
1INCH price with a potential surge could go as high as $4.63 by the end of 2030.
The 1INCH crypto is the centralization and utility token of 1Inch Exchange, a Decentralized exchange aggregator. The aggregator enables consumers to swap Ethereum and its tokens via liquidity pools, pricing, and percentage optimization protocols.
1inch Exchange aims to provide better bargains to consumers by identifying the far more efficient DEX service provider swap routes. 1INCH tokens are circulated via liquidity mining projects. Where a liquidity provider receives 1INCH in addition to the payment. These tokens could be locked into the protocol, staked, and then used to make protocol changes.
Are you one of the many, who are keen on investing in the token, but doubtful of its returns? Look no further, as we decode the plausible 1INCH price prediction for 2024 and the years to come!
Table of contents
Story HighlightsOverview1INCH Price Prediction June 20241inch Network Price Prediction 20241INCH Price Prediction 2024 – 20301inch Network Price Prediction 20251inch Network Price Forecast 20261Inch Price Prediction 20271inch Network Prediction 20281Inch Coin Price Prediction 20291Inch Network Price Prediction 2030What Does The Market Say?Fundamental AnalysisWhat Is 1inch Network?1inch Network Historical Price Analysis 2020 – 2023FAQs
Overview
Cryptocurrency1inch NetworkToken1INCHPrice $ 0.41563385 1.49% Market cap $ 521,251,300.5582Circulating Supply 1,254,111,771.6576Trading Volume $ 22,877,809.8474All-time high $7.87 on 09th May 2021All-time low $0.2211 on 12th September 202324 High $ 0.383524 Low $ 0.3575
1INCH Price Prediction June 2024
The 1inch Network price has recorded a correction of 3.75% with a change of +189.24% in its trading volume within the past 24 hours. Furthermore, the altcoin has lost 10.06% over the past week and 6.21% over the past month. With a YTD return of -11.84%, a trading price of $0.3694, and a market cap of $470.758 Million, this Ethereum-based altcoin has secured the 125th position in the global crypto list.
TradingView: 1INCH/USDT
The Simple Moving Average (SMA) constantly acts as a support to the price chart in the 1D time frame, suggesting a weak price action for the altcoin in the crypto space.
On the other hand, the RSI is constantly headed toward its oversold range with its average recording a strong bearish sentiment. This indicates a negative outlook for the 1INCH price this week.
If the market regains momentum, the 1inch Network will prepare to retest its upper resistance level of $0.460 during the upcoming weeks. However, bearish price action could pull the 1INCH crypto toward its crucial support level of $0.3220 this month.
1inch Network Price Prediction 2024
The stout fundamentals of the project might attract the interests of institutions, whalestats, and a wider audience. With further supplements from growing adoptions and alliances, the price might propel to a maximum of $0.857.
On the contrary, the price of 1inch might sink to $0.392. However, the network not standing true to its expectations could result in negative criticism, which will hurt the price projection of 1inch. Successively, the lack of fulfilling events could restrict the average price to $0.624.
1INCH Price Prediction 2024 – 2030
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20240.3920.6240.85720250.7250.9221.1220261.111.541.9820271.862.392.9320282.562.983.4120292.993.483.9820303.464.044.63
1inch Network Price Prediction 2025
As the fame of decentralized cryptocurrency exchange grows, so will the prominence of DEX aggregators. Furthermore, 1-inch Network has the edge over its rivals, as it selects the best price and allocates orders over different exchanges. Attempting to solve the liquidity crisis while optimizing trading. As the DEX evolves, tokens like 1inch will benefit from the flow.
On a positive note, the price of 1inch might shoot up to a maximum of $1.12 by the end of 2025. In contrast, a failing stance and stiffer competition might result in a downswing to $0.725. Considering the bullish and bearish targets, the average price might settle at $0.922.
1inch Network Price Forecast 2026
According to forecast prices and technical analysis, 1INCH’s price is projected to reach a minimum of $1.11 in 2026. The maximum price could hit $1.98, with an average trading price around $1.54.
1Inch Price Prediction 2027
Looking forward to 2027, 1 inch’s price is expected to reach a low of $1.86, with a high of $2.93 and an average forecast price of $2.39.
1inch Network Prediction 2028
In 2028, the price of a single 1INCH is anticipated to reach a minimum of $2.56, with a maximum of $3.41 and an average price of $2.98.
1Inch Coin Price Prediction 2029
By 2029, 1 inch’s price is predicted to reach a minimum of $2.99, with the potential to hit a maximum of $3.98 and an average of $3.48.
1Inch Network Price Prediction 2030
In 2030, 1INCH is predicted to touch its lowest price at $3.46, hitting a high of $4.63 and an average price of $4.04.
What Does The Market Say?
Firm Name202420252030Wallet Investor$0.0521$0.0278–priceprediction.net$0.5724$0.8480$5.60DigitalCoinPrice$0.76$0.89$3.69
*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.
Fundamental Analysis
Sergej Kunz and Anton Bukov founded 1inch throughout the ETH New York hackathon in 2019. Being fully programmable and operating as a decentralized finance aggregation service provider. 1Inch Exchange is a whole concept and foundational emphasis of this virtual currency.
This empowers the user to utilize 1inch for any market transactions, including finance applications and services. Executing tasks under particular aspects ensures usefulness, safety, and functionality. Enterprise 1inch furthermore includes a set of rules and technical requirements aimed at speeding up the implementation of decentralized finance via blockchains.
1inch has solid fundamentals, and hence it can prove to be a valuable investment in the long term. Swapping 1inch tokens creates a bond, a blockchain-to-Ethereum connection, and users who use Polygon to reach 1inch gain considerably. This swap system of wallets also helps store their holdings premised on trading volume.
Do you also want to understand the primary language of Crypto and pro-crypto traders? Here is a guide for you to understand what cryptocurrency is!
What Is 1inch Network?
Mainly, 1INCH is the DEX 1inch Network’s utility token. Investors can buy tokens or coins for DAOs (Decentralized Autonomous Organizations) built upon blockchain technology, similar to purchasing shares of a company. 1INCH was launched in 2020 and has seen substantial growth ever since.
Besides that, it is a decentralized exchange (DEX) aggregator that allows users to search for the best deals. By identifying the much more efficient swapping corridors throughout all major DEXs. The coins are also allocated through liquidity mining initiatives. In which a liquidity provider obtains 1INCH with an added-up service charge. According to some reports, as of June 2021, 1inch asserts to hold over 50 distinct liquidity references.
These coins can be staked, locked into the protocol, and then employed to render protocol changes. Upon that 1inch Network, 1INCH provides various services like governance, tokenomics, and other utility token functions. This virtual currency is already listed for trading on many exchanges.
1inch Network Historical Price Analysis 2020 – 2023
The 1inch Network, listed in August 2020, plunged to create an all-time low of $0.767785 back in December 2020.
On January 9th, demand exceeded supply during the following liquidity mining and delivery program. On 5th February, the 1INCH recorded an all-time high of $6.31.
After dropping to a low of $2.33 in June, 1INCH managed to rise to $3.72 in September. The price fell continuously to reach $2.64 on 6th December. 1inch closed the year with a value of $2.47.
1inch landed in 2022 with a price of $2.22 and reached $1.912 by the end of February. The price then railed to $1.5 on the first day of March 2022.
Later, the price dropped to $1.4 on the 12th of April and the price hit $0.78 on the 12th of May 2022. Moreover, after subtle waves of uncertainty, the price terminated the first quarter at $0.9.
The 1INCH concluded the year with a price tag of $.
The 1-inch Network started trading the year with a price of $ and regained momentum during 2023 as it concluded the year with a trading price of $.
CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!
FAQs
Yes, considering the potential of the digital asset and its underlying protocol, it could be profitable in the long term.
The price of 1inch might surge as high as $0.857 by the end of 2024.
1inch is led by a strong team and community and is unquestionably a secure and legitimate token.
The trading value of 1inch might hit a maximum of $1.95 by the end of 2025. With a potential surge, the price may go as high as $4.63 by the end of 2030.
1INCH is available on several well-known exchanges, which include Binance, Uniswap, and many others.
At the time of writing, the Value of one 1inch token was 0.3694.