1inch Price Prediction – 1inch Forecast 2021, 2022, 2025 & 2030

Fact Checked by Gary McFarlane

As more decentralised exchanges spring up, traders are beginning to notice a difference in the price of certain assets on each exchange. This price can be small, but it can have a significant effect when trading actively or using large position sizes. 1inch is a protocol that looks to solve this issue, ensuring traders get the best prices possible.

In this article, we’ll cover our 1inch Price Prediction in detail. We’ll discuss what 1inch does and the token’s outlook before highlighting where you can buy 1inch right now – with no commissions!

1inch
1inch

1inch (1INCH)

Price
$ 2.60

1inch Price Prediction 2021 to 2022

By reading this 1inch stock forecast, you’ll be able to understand how this protocol can benefit crypto traders and why its native token may become even more valuable in the future. However, if you’re just looking for a quick outline of our 1inch prediction 2021, then the bullet points below showcase our analysis for the upcoming months.

  • One Month – The current 1inch price is trading at around $4.1, following some upwards momentum since September. Due to the strength of this momentum, we estimate that 1inch could reach a valuation of $5 over the next month.
  • Three Months – Assuming 1inch can break the trendline that has been housing price since July, we may see a bull run towards the end of the year. Our 1inch forecast sees the token reach $6.50 over the next three months.
  • Early 2022 – 1inch may exhibit more of a gradual ascent rather than rapid growth, so it’s wise to be patient with this token. That being said, we estimate that 1inch could head towards the $7 area by early 2022.

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1inch Price History – the Story of 2021 So Far1inch logo

As with all of our cryptocurrency price predictions, we’ll ensure that we take a deep dive into what 1inch is and how it can benefit the broader crypto market. 1inch has a unique place in the ecosystem due to its valuable service, meaning that this protocol’s prospects are very encouraging. So, without further ado, let’s look at what 1inch does and how the price arrived at this point.

1inch is what is called a DEX aggregator, which is a term you may not have heard of if you are a beginner to the crypto market. Essentially, 1inch ‘aggregates’ prices across a variety of DEXs (decentralised exchanges) to find users the best rate for their investments. According to decrypto.co, 1inch claims to have over 50 different liquidity sources as of June 2021.

To understand 1inch, it’s essential to understand what decentralised exchanges are. These exchanges operate without an intermediary and are run by smart contracts. Instead of using an order book (like centralised exchanges), decentralised exchanges facilitate trades through the use of liquidity pools. These are pools of tokens filled by other users who provide their holdings to boost a platform’s liquidity and earn a return in the process.

1inch exchange

1inch works by scouring all of these liquidity pools across various platforms and finding the best rate for traders. For example, if you wish to buy Bitcoin (BTC), 1inch would do all of the hard work and find the best way to place your trade. This may involve routing your trade across various protocols and assets until you finally arrive at your BTC investment with the best price.

The 1inch token is the native cryptocurrency of the 1inch protocol and is used for governance and staking. The governance aspect is termed ‘instant governance’ and allows holders to have a say in how the platform is run. On the other hand, users can provide their crypto holdings to 1inch’s liquidity pools and be rewarded in 1inch tokens for doing so.

1inch price chart

Much like other cryptos, 1inch burst onto the scene in early 2021, with the 1inch price live increasing by 475% between January and May.  This resulted in 1inch reaching an all-time high of $7.84 before gradually descending over the following months. Ultimately, 1inch coin then went on to print a low of $1.65 in July 2021.

However, things are now beginning to look up once more. The price of 1inch has increased by 148% from July’s lows, with this momentum showing no signs of stopping. Furthermore, as it has now been listed on eToro, the signs look promising for 1inch’s future.

1inch Price Forecast

Investing in cryptocurrency can be a pretty complicated process, although it’s made substantially more manageable if you know what to look out for. In the case of 1inch, there are certain things to be aware of that may influence the price. With that in mind, let’s look at the technical and fundamental aspects of this 1inch price prediction.

Technical Analysis

As our price analysis has highlighted, 1inch has just broken through a pretty substantial resistance level around $3.90. The 1inch token price had rejected this area three times in the past, and each time it did, the price fell dramatically. So, the fact that 1inch has closed past this area on the daily chart is a good sign.

1inch technical analysis

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Furthermore, we can see that the coin price is also trading above the 50-day and 200-day EMAs. These help indicate the short term and long-term trend, so this is another good sign for investors. Add to this the fact that the bullish momentum is pretty impulsive right now, and you can see why so many people are excited about 1inch.

Looking ahead, the next resistance level is likely around $6.60, which is where the price was trading back in April 2021. If the price reaches this level, it’s expected that we may see some consolidation or even a rejection. The key is to be patient and wait for confirmation on the 4H or the daily timeframe before jumping to conclusions.

Fundamental Analysis

Data from CoinMarketCap states that 1inch currently has a market cap of $745m. This is relatively small for a cryptocurrency and means 1inch is the 117th largest crypto in the world right now. The trading volume over the past 24hrs reached $537m, although this was down nearly 21% from the previous day.

There is a circulating supply of just over 180m 1inch tokens on the market, with 1.5bn tokens in existence. One key thing to note here is that 1inch does not have a maximum supply, meaning that the developers can mint new tokens whenever they wish. Essentially, due to the supply technically being ‘infinite’, this devalues the token somewhat – meaning that price appreciation is much more difficult than with a token that has a capped supply.

1inch Price Prediction 2025 – Long Term Outlook

So, putting everything together, let’s look at our 1inch prediction for the long term. The best investments UK tend to be those with a use case that will still apply in years to come – and 1inch certainly fits the bill in this regard. As crypto trading becomes more and more prevalent, this will likely cause a shift towards DEXs – meaning traders may look to 1inch to get them the best deals.

One thing to note is that 1inch may always lag behind other DEX platforms such as Uniswap because it doesn’t hold as much liquidity. The more liquidity housed on a platform, the more valuable the token (in theory). Thus, as 1inch is a DEX aggregator, it’ll struggle to compete with other platforms in terms of value and market cap.

1inch market cap

However, on the other hand, 1inch’s system rewards network users who provide liquidity. So you get the 2 in 1 benefit of consistent returns whilst also putting yourself in a position to benefit from price appreciation. So, if you are serious about 1inch, there are various ways that you can invest your money to generate a return.

Overall though, the long term prospects for 1inch look great. The culture shift that society is going through will likely see more trading occurring on decentralised exchanges – especially as new tokens spring up consistently. Thus, if 1inch can continue growing and offering more liquidity sources, it’ll ensure that it remains in the unique position it occupies for years to come.

1inch price analysis

So, with that said, our 1inch price prediction 2025 sees the token reach a value of $10. As we noted earlier, 1inch will likely exhibit a gradual increase rather than exponential growth, so do keep this in mind over the long term.

In addition, our 1inch price prediction 2030 is also optimistic. Traders will likely gravitate towards DEXs, as they offer increased safety and lower fees. Although 1inch’s fees are not the lowest on the market right now, if the protocol can make some progress in this area, we’ll likely see more people use it and push the price towards $18 by 2030.

1inch Price Chart

So, unlike when you buy Ethereum (ETH), 1inch is still in the early stages of its adoption – which is highlighted by its low market cap. Thus, the volatility of price changes will be much more aggressive and harder to predict with 1inch, meaning that smaller tokens like this are probably best left to investors with higher risk tolerance. However, on the other hand, this volatility can provide an avenue to much higher returns than you’d get usually.

etoro buy 1inch

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Looking at the price chart, as 1inch has just broken out of the range that it was trading sideways in for quite some time, many people may now consider 1inch a good investment. One thing to note is that the developers and large investors hold much of the supply, which can put people off as it hints that it’s all about making money for the people in charge. However, if you are happy with these factors and believe in the future of the 1inch exchange, then now might be a great time to add it to your watchlist.

Where to Invest in 1inch

Before we finish this 1inch forecast, let’s take a quick look at how to invest in the token. As you can imagine, due to the rise of DeFi and cryptocurrencies in general, more and more platforms are offering small tokens such as 1inch as tradeable assets. Thus, you should have no problem finding a broker or an exchange to make your investment.

However, through our experience and testing, we’ve noted that eToro offers the best way to buy 1inch today. eToro is one of the world’s most respected brokers and is regulated by some of the top organisations in the industry. What’s more, with over 20 million customers worldwide, eToro has exceptional brand loyalty in a competitive industry.

eToro’s main selling point is its 0% commission structure, which will allow you to place trades with no fees whatsoever. This contrasts with numerous other platforms that charge a percentage of your trade size as their ‘fee’ whenever you place a trade. In addition, eToro also don’t charge any deposit fees (when funding your account in USD) or monthly account fees.

etoro copyportfolio

eToro is also one of the most accessible CFD brokers for beginners, as you can fund your account via credit/debit card, bank transfer, and various e-wallets – including PayPal and Klarna! Deposits only need to be a minimum of $50 (£37), as eToro offers support for fractional investing. This means that you can invest in fractions of an asset, rather than having to buy the entire thing!

Finally, eToro offers a handy feature called ‘CopyPortfolios’, which allow you to invest in a professionally managed portfolio – without all of the hefty management fees! There’s even a CryptoPortfolio that you can invest in to gain broad exposure to the crypto market.

1inch Price Prediction – Conclusion

In summary, this 1inch forecast has covered what the 1inch platform does and the token’s outlook over the short and long term. As you’ll now understand, 1inch offers a valuable service to crypto traders and one which will continue to be popular in the years ahead. As long as 1inch can continue growing and reduce fees over time, then there’s every reason to be optimistic about this coin.

So, if you’d like to buy 1inch today, we’d recommend using eToro. This is because eToro allows you to invest in 1inch with no commissions and from only $50 per trade. What’s more, as eToro is regulated by the FCA, ASIC, and CySEC, you can be sure that you’ll be trading safely on the platform!

 

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About Connor Brooke PRO INVESTOR

Connor is a Scottish financial expert, specialising in wealth management and equity investing. Based in Glasgow, Connor writes full-time for a wide selection of financial websites, whilst also providing startup consulting to small businesses. Holding a Bachelor’s degree in Finance, and a Master’s degree in Investment Fund Management, Connor has extensive knowledge in the investing space, and has also written two theses on mutual funds and the UK market.