1 Inch Network Price Prediction – Will It Break The $15 Barrier In 2022?

The 1INCH crypto is the centralization and utility token of 1Inch Exchange, a decentralized exchange aggregator. The aggregator allows consumers to trade Ethereum and its tokens through liquidity pools, pricing protocols and percent optimization.

1inch Exchange aims to provide better deals to consumers by identifying much more efficient DEX Service Provider exchange routes. 1INCH tokens are distributed through liquidity mining projects. Where a liquidity provider receives 1INCH in addition to payment. These tokens could be locked into the protocol, staked, and then used to make changes to the protocol.

Are you one of the many who want to invest in the token but doubt its returns? Look no further, we decode the plausible digital coin price prediction for 2022 and beyond!

Insight

Cryptocurrency 1 inch network
Token 1 INCH
Price in USD $0.9261
Market capitalization $387,876,702
Circulating Power 415 050 256
Trading volume $125,777,734
An absolute record $7.87
All time low $0.7612

*Statistics are as of the date of publication

1inch (1INCH) Network Price Prediction for 2022

low potential Average price High potential
$1.53 $1.727 $1.915

1 inch landed in 2022 with a price of $2.22 and zigzag around this margin. Before the end of January, the cost of the token went from $2 at $1.66. The price of 1 inch on February 2 was $1.912who cursed to touch the value of $1.286 February 24. The value persisted around the price of $1.5 the first day of March 2022.

Later, on April 3, the price compensated to reach a margin of $1.98. who fell to $1.4 April 12. With a bullish move, the market value of 1 inch was reduced to a range below $1 in May. Moreover, the price reached $0.78 on May 12, 2022. Moreover, after subtle waves of uncertainty, the price ended the first quarter at a value $0.9.

1inch (1INCH) Network Price Prediction for Q2

1INCH had added NFT support to its portfolio on March 16, 2022. NFTs have been on fire for a few years and a good number of crypto enthusiasts are now holding NFTs. A possible series of NFTs could become imperative for the digital asset. Therefore, it could reach a maximum of $1.233 by the end of the second quarter.

On the other hand, the crypto asset could fall to a low of $0.889. If bear dominance continues to exist. That said, a balance between buying and selling pressure could lead the price to $1.077.

1 inch forecast for the third quarter

1 inch can currently be used to modify protocol configurations as well as a voting tool. The new cumulative Merkle Drop tool makes airdrops faster and more efficient by reducing transaction fees. This is a recent development that can drive up the price of the token. Therefore, the price could reach a maximum of $1.558 by the end of the quarter.

However, the network not meeting its expectations could result in negative reviews. Which will have a negative impact on the price projection of 1 inch. In such a case, the altcoin could go down to $1.197. Constrained by linear momentum, the regular price could land at $1.379.

1INCH prediction for Q4

Strategic cooperation with companies like ARCx, ICHI, Ren, Vesper and Opium. What provided people with new places to make money in DeFi was also remarkable. It is evident that 1 inch offers optimistic utility to its users. Therefore, the network could lead to a multitude of new collaborations and adoptions. In such a scenario, the price could go lunar for $1.915.

Conversely, factors such as a financial crisis or regulatory restrictions could drive the price down to $1.53. Successively, taking into account the bullish and bearish objectives, the average price could settle at $1.727.

Price prediction for 2023

Given that the cryptocurrency is nearing the end of its oscillating channel and may continue to soar to higher highs. Adhering to this, the price could climb up to a maximum of $3.55. However, if the bears dominate the year, the price could drop to $1.875.

Price prediction of 1 INCH For 2024

The solid foundations of the project could attract the interests of institutions, whales and a wider public. With other supplements coming from growing adoptions and alliances, the price could propel to a maximum of $6.918. On the contrary, the price of 1 inch 1 inch might fall to $3.405.

Price trajectory for 2025

As the fame of the decentralized cryptocurrency exchange grows, the prominence of DEX aggregators will also increase. Moreover, 1inch Network has the advantage over its competitors, as it selects the best price and distributes orders to different exchanges. Attempt to resolve the liquidity crisis while optimizing trading. As the DEX evolves, tokens like 1 inch will benefit from the flow.

On a positive note, the price of 1 inch could go up to a maximum of $13.002 by the end of 2025. On the other hand, a weak position and tougher competition could lead to a decline in $6.672.

Year low potential High potential
2023 $1.875 $3.55
2024 $3.405 $6.918
2025 $6,672 $13.002

What does the market say?

Investor Portfolio

According to predictions, the crypto will earn a maximum price of $1.554 by the end of December 2022. Note that Wallet Investor’s price range is significantly tied to other analysts. According to Wallet Investor, the price of 1 inch will rise above $1.05 in 2024 and drop around $0.07 in 2025.

Priceprediction.net

According to Priceprediction.net’s in-depth technical review of 1 inch, the value of the asset is expected to exceed a low of $1.11 in 2022. With an average trading price of $1.15, the price could reach a high of $1.28.

Digital Coin Prices

According to Digital Coin Price, 1 inch will be worth around $1.84 until the end of 2022. According to Digital Coin Price analysts, it could be worth around $2.47 by 2026.

Gov.Capital

Gov Capital’s prediction is one of the most ambitious compared to other reputable prediction platforms. According to their estimates, the crypto will indeed be worth $5.40 this year. Furthermore, the cryptocurrency is expected to rise by at least 15% through early 2023. The bull market prognosis persists with bulls together in celebratory spirit, pushing the price of 1Inch above $5.

Click here to read our UMA price prediction!

What is 1INCH?

Primarily, 1INCH is the utility token of the DEX 1inch network. Investors can buy tokens or coins for DAOs (Decentralized Autonomous Organizations) based on blockchain technology, similar to buying shares of a company. 1INCH launched in 2020 and has seen substantial growth ever since.

Besides that, it is a decentralized exchange aggregator (DEX) that allows users to search for the best deals. By identifying much more efficient trade corridors in all major DEXs. Coins are also allocated through liquidity mining initiatives. In which a liquidity provider gets 1INCH with service fees added. According to some reports, as of June 2021, 1inch claims to hold over 50 separate liquidity references.

These coins can be staked, locked into the protocol, and then used to make protocol changes. On this 1inch network, 1INCH provides various services such as governance, tokenomics, and other utility token functions. This virtual currency is already listed for trading on many exchanges. However, despite a breakthrough performance in 2021, 1INCH has steadily depreciated since the start of 2022.

Fundamental analysis

Sergej Kunz and Anton Bukov founded 1 inch throughout the 2019 ETH New York hackathon. Fully programmable and operating as a decentralized financial aggregation service provider. 1Inch Exchange is an overall concept and fundamental focus of this virtual currency.

This allows the user to use 1 inch for all market transactions including financial applications and services. Performing tasks under particular aspects ensures usefulness, safety and functionality. Enterprise 1inch further includes a set of rules and technical requirements aimed at accelerating the implementation of decentralized finance via blockchains.

1 inch has strong fundamentals and can therefore prove to be a valuable long-term investment. Trading 1 inch tokens creates a link, a blockchain connection to Ethereum, and users who use Polygon to reach 1 inch earn significantly. This system of exchange of wallets also makes it possible to store their assets according to the volume of the transactions.

Our price prediction

According to the price prediction formulated by Coinpedia. The price of 1 inch can go up to a maximum of $2 at the end of 2022. While a reversal of the trend could cause the price to drop from $1.5. A balance of buy and sell orders could bring the price to regular levels of $1.7.

Historical price analysis

2020

The value of 1 inch has fluctuated over time, given the general market sentiment since its initial listing in August 2020. The 1 inch token plunged to create an all-time low of $0.767785 in December 2020, just after its launch in August 2020.

2021

On January 9, demand exceeded supply on the next liquidity mining and delivery schedule. In February, the Defi efforts 1inch token soared again, reaching an all-time high of $6.31 on February 5, 2021. Nonetheless, shareholders who bought 1INCH saw it rapidly increase in value. As the purchase price increased, confidence in the asset also increased.

The price then fluctuated through the rest of February and steadily fell to reach a value of $3.31 in mid-March. The price fell again to $2.33 in June 2021. In September 2021, it somehow rose and rose to $3.72. It rolled around a similar price range until it reached a price of $5.62 in October 2021.

Moreover, the price has continuously declined to reach $2.64 on December 6, 2021. 1 inch closed the year with a value of $2.47. It started the new year on a similar note, with price wandering around the $2 margin.

To read our Holochain (HOLO) price prediction, click here!

FAQs

Q: Is 1 inch a good investment?

A: Yes, given the potential of the digital asset and its underlying protocol, it could be profitable in the long run.

Q: Is 1 inch a scam or legit?

A: 1inch is run by a strong team and community and is unquestionably a secure and legit token.

Q: Where can I buy 1INCH?

A: 1INCH is available on a number of well-known exchanges including Binance, Uniswap and many more.

Q: How high will the 1INCH soaring prices by the end of 2022?

A: The price of 1 inch could reach $1.915 by the end of 2022.

Q: What can be the maximum commercial value of 1 inch by the end of 2025?

A: The market value of 1 inch could peak at $13,002 by the end of 2025.