1inch Forecast: Will 1inch Reach $50?

Last Updated February 3rd 2022

7 Min Read

Will 1inch (1Inch) eventually reach $50? If yes, when?

Well, according to most crypto experts and investors, there is a high likelihood that 1Inch will eventually reach and rise above $50. These parties have widely divergent views on when the DeFi token will get here, but the majority of forecasts that we have interacted with when coming up with this indicate that 1inch will most likely break above $50 in the next 5 to 10 years.

A handful of analysts are a tad more optimistic about the coin’s future price action, and their analysis shows that 1Inch has all it takes to grow its value by the 1400% required to get to $50 within the next few years.

Technical analysts at CoinsKid argue that 1Inch price expects the 1Inch token’s recovery process to be rather speedy. They expect it to regain an uptrend for the next few years and to rise above the current ATH in December 2022 before breaking out and hitting $50 in June 2025.

Some of the factors that analysts at CoinsKid and other forecasters believe will help 1Inch reach here include a sustained uptrend of its current value growth, a recovering crypto market seeing that its performance is hugely correlated to Bitcoin’s price action, and a faster embrace of the 1Inch indexing protocol.

But when does everyone else think 1Inch will reach $50?

When Will 1inch (1Inch) Reach $50?

No one can point to a specific point in time in the future and say that is when 1Inch will reach $50 because the token prices are hugely volatile and the market in which it operates supremely unpredictable. But through technical analysis of its past price action and fundamental analysis of its key features and how both shape its future, experts can map out the path it is expected to take in the next few years. This can, in turn, can be used to identify the most likely time when 1Inch will reach $50.

At Captain Altcoin, for instance, a thorough analysis of the coin’s future shows that 1Inch will most likely reach $50 sometime after 2030 but before 2040. This uncharacteristically conservative view of the DeFi token’s future performance by Captain Altcoin is informed by the altcoin’s unstable price action and the slow embrace of its indexing protocol.

Like Captain Altcoin, crypto-analysts at CryptonewsZ do not give us a specific estimate of when they expect 1Inch to hit $50. Their analysis, however, suggests the DeFi token’s price may rise by 775%+ to reach $15 in 2022, drop to $12 in 2023, gain around 962% to reach $17 in 2024, and by as much as 1775% to reach $30 in 2026. This says that they expect 1Inch to reach $50 before 2030.

An analysis report by crypto gurus at Technewsleader indicates that though 1inch will report an uptrend over the next few years, it will be rather slow. They, for instance, do not expect it to rise above its current all-time high in the next 2 years. But they reckon it will pick pace in the last half of the decade and proceed to break above $50 in early 2029.

Technical analysts at PricePrediction.Net share this sentiment as they too expect 1Inch to have a slow start, possibly because it still is a new token with limited use cases, before picking pace and reaching $50 in May 2029.

Coinquora has one of the most bullish views of 1Inch’s future price action. Crypto experts here argue that if the DeFi token can sustain its current uptrend and the indexing protocol could enter into more partnerships, roll out more upgrades, and commit to developing the technology further, 1Inch could experience a mighty boost that takes it beyond $50 by the end of 2024.

The only other technical analyst that’s equally optimistic about 1Inch’s future price action is CryptocurrencyPricePrediction. Their analysis report indicates that the DeFi token prices will break into a run that sends it dashing past $50 somewhere between 2026 and 2030.

Now that you understand when most analysts are expected to reach $50, you probably can’t help but ask what happens after it gets here.

What Will Happen If 1inch (1Inch) Reaches $50?

When 1Inch eventually reaches $50, there will be several noticeable and subtle changes to both the 1Inch network and crypto market. The most impactful will be:

Market cap grows exponentially: One of the most visible effects of 1Inch achieving a per-token valuation of $50 has to be a bulging market cap. Seeing that 1Inch has a total supply of 1.5 billion tokens, the new price would give it a market cap of $6.5 Billion, more than 10X its current live market capitalization.
Largescale adoption of Indexing protocol: There is a symbiotic relationship between 1Inch and the 1Inch indexing protocol, which is basically the case for all tokens and their underlying blockchain networks. When the altcoin prices are rising, it draws attention to the indexing protocol, which could be instrumental in sparking partnerships and collaborations with DEXs looking to ride its popularity.
Listing higher among top 100 crypto: At the moment 1Inch is ranked #92 on CoinMarketCap’s listing of most valuable cryptocurrencies. A per-token valuation of $50 would give the DeFi token a market cap of $6.5 Billion, which is enough to help it make it further up the coveted list of top 100 cryptocurrencies - possibly top 30 depending on the speed with which the rest of the market grows.

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Will 1inch (1Inch) Reach $10 In 2022?

Most forecasters do not feel like there is enough demand for the DeFi token or incentive in the crypto market to incite a price run that pushes 1Inch token prices above $10 in the next 12 months. Given the prevailing market conditions and the unexpectedly low rate with which the DeFi ecosystem is growing, the majority do not even think that 1Inch can rise above its current all-time high in 2022.

There are a few exceptions, though. A few hugely optimistic forecasters are confident that 1Inch will token prices will rise sharply over the next few months to reach and rise above $10 by December 2022.

First is the team at Coinquora that believes 1Inch has all it needs to reach $20 by the end of 2022. Next is the technical analysis website - CryptocurrencyPricePrediction that expects 1Inch to storm into 2022, trading above $5 and to rise above its ATH, at 8.22, by January next year.

Don't Miss: Why 1inch Will Skyrocket

Is 1inch (1Inch) A Good Investment?

Yes, because 1Inch token prices are expected to resume the early 2021 rally soon and continue rising in the foreseeable future. Additionally, 1Inch has performed well in the past - especially when you consider the fact that it has only been around for less than a year.

During this time, it also proved to be a rather resilient crypto-asset seeing that it escaped unscathed from one of the crypto market’s most volatile dips and is already laying the base for the next price rally.

Even more importantly, 1Inch has the backing of what some in the crypto space have described as one of the most innovative projects for the DeFi ecosystem - the 1Inch indexing protocol. All these, the resilience, massive potential for future growth, and backing of a useful crypto technology - are hallmarks of a good long-term investment which make 1Inch a must-buy for long-term investors.

Conclusion: Will 1inch (1Inch) Eventually Reach $50?

In truth, no one can tell with utmost accuracy if 1Inch will be around long enough to reach $50. But technical analysis of its price action and fundamentals analysis of its technology and the larger crypto market show that 1Inch will eventually hit $50 and even suggests that it will most likely get here in the next 5 to 10 years. The more optimistic technical analysts, especially CryptocurrencyPricePrediction are more bullish about the altcoin’s future price action and expect it to recover fast and reach $7 in 2022 before breaking above $50 sometime after 2025 but before 2030.