Scouring the web to find out how much 1INCH could be worth in 2021 and beyond? Or maybe you’re just not sure if 1inch is a good investment? We’ve got all the answers to all your questions right here!
We’ve researched the top price predictions for 1inch (1INCH) to form a solid viewpoint on what this young altcoin could be worth in the next few years. Read on to find out how much 1inch could be worth in 2021 to 2025 and a little bit further.
1inch (1INCH) is the 119th-largest cryptocurrency with a market cap of $1.31 billion and a price of $6.27 per 1INCH token. 1inch is still super new to the crypto market having only been around since late December 2020, and what a great time to launch a new crypto — particularly between February and May, 1inch rallied hard as the 2021 bull market raged on.
In its almost one year on the crypto market, 1inch rapidly hit a series of all-time highs (ATH), eventually reaching its current ATH of $7.87 on the 8th of May 2021. After that rush, 1inch followed the crypto market into a decline where it hit its all-time low (ATL) of $0.4933 on the 14th of June 2021. Since hitting that low, it has managed to reclaim considerable territory to reach its current price of $4.08.
According to recent long-term forecasts, 1inch price could reach $8.55 by the end of 2021, rising to $15 or even $20 by the end of 2022 and $75 by the end of 2025. 1inch will then hit $35.70 in 2027, and $151.79 in 2030.
With 1inch gradually returning to form, will it reach a new ATH by the end of 2021 or will it stagnate for the foreseeable future? Will 1inch be able to find some extra momentum before the year is finished or will we have to wait until 2025 to see new highs? Let’s take a look at what market experts believe will happen in the next few months and years.
Contents
- What Is 1inch And How Does It work?
- Short-term 1inch Price Predictions: 2021
- Long-term 1inch Price Predictions: 2022-2025
- Trading Education 1inch Price Predictions
- Conclusion: 1inch Price Prediction Forecast
- How Has The Price Of 1inch Changed Over Time?
- What Factors Affect The Price Of 1inch?
- Key Points
- eToro — The Top Platform To Buy 1inch
- FAQs
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What Is 1inch And How Does It work?
1INCH is an ERC-20 token on Ethereum that operates the 1inch Network, a DEX (decentralised exchange) aggregator that compares prices from other DEXs to offer traders the best possible prices when transacting crypto.
As a DEX, it seeks to cut out the middleman and allow traders to exchange cryptos without taking a slice of the action like a traditional exchange. Acting as an aggregator of DEXs gives 1inch an advantage over the market and makes it unique.
According to Decrypt, as of June 2021, 1inch offered users access to 50 different liquidity sources on Ethereum, 20 on the Binance Smart Chain and 8 on Polygon — a grand total of 78.
The 1INCH token operates as a governance token for the 1inch Network, which means it can be used to vote on how the 1inch Network is run and how it develops by voting on proposals. 1INCH can be earned by providing liquidity to the 1inch Network by staking cryptocurrencies.
1INCH has a total supply of 1,500,000,000 tokens with 180,362,122.33 already in circulation. Built on top of Ethereum, this technically makes 1inch a proof-of-work crypto — at least for the time being.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Short-term 1inch Price Predictions: 2021
1inch Price Predictions For 2021
For our first 1inch price prediction for 2021, we’ll turn to WalletInvestor who appears to suggest that the price of 1INCH could gradually decline. As we can see from the graph below, WalletInvestor suggests a very slight decline could be on its way for the price of 1inch that could last well into 2022.
But this is not a completely bleak picture. Based on their analysis of the past 30 days, WalletInvestor still considers 1inch overwhelmingly bullish.
And looking at what they predict for the end of 2021, it again tells us a different picture. For November and December 2021, WalletInvestor has calculated that 1inch could hit a minimum price of $2.030 and a maximum price of $7.723. And here’s what WalletInvestor expects 1inch to reach by the end of 2021:
- Average price: $3.826
- Minimum price: $2.286
- Maximum price: $7.723
The average price WalletInvestor has suggested is not that far off 1inch’s current price of $4.08 and the maximum price of $5.469 is more than $1.38 higher. So, it is possible that 1inch could still perform very well before the year ends. Interestingly, if WalletInvestor’s maximum price prediction is correct, and 1inch reaches the $5 mark, it would be the highest price it has reached since May 2021 and could suggest higher prices are to come in 2022.
Next up, we’ll look at Trading Beasts’ 1inch price predictions which vary less in terms of minimum and maximum price, expecting higher lows and lower highs. Here’s what Trading Beasts predicts for the last two months of 2021:
| Month | Minimum Price | Maximum Price | Average Price |
|---|---|---|---|
| November 2021 | $3.03100 | $8.45735 | $6.56588 |
| December 2021 | $3.09603 | $8.55299 | $6.64239 |
To summarise, Trading Beasts doesn’t expect to see 1inch lows of $2 like WalletInvestor does — instead, Trading Beasts predicts an absolute low of $3.03. And while Trading Beasts maximum price for the end of 2021 of 64.55299 is lower than WalletInvestor’s $5.469, it is still an increase from 1inch’s current price, which means this could still be seen as a positive price prediction.
Although, it should be noted that Trading Beasts’ maximum price for November is higher than its highest price in December which could be worrying for some investors. Plus, their average price for the end of 2021 is slightly lower than WalletInvestor’s — both of which are lower than 1inch’s current price.
But not everyone is so inconclusive about 1inch’s future prospects. Coinskid believes 1inch has a very bright future ahead of itself for the remainder of 2021.
1inch price predictions for 2021:
| Month | Price | Minimum | Maximum | Average |
|---|---|---|---|---|
| October 2021 | $6.57 | $4.06 | $4.98 | $4.52 |
| November 2021 | $7.07 | $4.61 | $5.98 | $5.30 |
| December 2021 | $8.47 | $4.82 | $6.35 | $5.58 |
This is a far more positive picture than what we have seen from WalletInvestor and Trading Beasts. Coinskid does not expect the price of 1inch to fall below $4 for the rest of 2021. By November 2021, Coinskid believes 1inch will have an average price of $5.30 and by December it could reach a maximum of $6.35 — more than $2 above its current price.
Our last 2021 1inch price prediction comes from DigitalCoin which expects higher highs for the next few months towards the end of 2021 as we can see from the chart below:
Here’s what DigitalCoin expects 1inch will reach in October, November and December 2021:
- October: $6.03
- November: $6.78
- December: $7.07
These prices are far higher than any of the other forecasts we have seen for 1inch for the rest of 2021, suggesting that December could be 1inch’s best year since the 2021 bull run in May. It is also particularly impressive when you compare it to 1inch’s performance at the beginning of 2021.
However, this prediction should be viewed with cautious optimism as if you look back at the chart, DigitalCoin appears to have overestimated 1inch’s potential throughout the year. In August, for example, they suggested 1INCH could hit $6.91, but it barely got higher than $3.
What Will Happen To The Price Of 1inch In 2021?
2021 price predictions for 1inch are slightly inconclusive which could be because 1inch has been on the market for less than a year. Cautious price forecasters suggest that 1inch could stagnate and even gradually decline before the end of 2021, but there is still a chance that the asset could return to highs close to what it achieved in May 2021. Most likely, though, 1inch will not achieve a new ATH by the end of 2021.
Will The Price Of 1inch Go Up In 2021?
The price of 1inch could go up in 2021 and hit a maximum between $6.35 and $8.07 before the year finishes. However, others believe that an average price between $3.64 and $3.82 could be more plausible.
Additional price predictions for 1inch in 2021 include:
- Cryptocurrency Price Prediction: $7.5518
- Price Prediction: $3.26
- Gov Capital: $3.65125
- CryptoNewsZ: $7
- Economy Watch: $6.50
Read Also: What Might Happen If You Invest $100 In 1Inch (1INCH) Today?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Long-term 1inch Price Predictions: 2022-2025
What are crypto experts forecasting for 1inch in 2022 and beyond? 2021 looks like it could potentially have a good ending in store for 1inch investors, but the picture is not clear-cut. Further ahead, however, we could see things change rather dramatically for the better but as always not everyone agrees that the future could be a bright place for 1inch. Here’s what experts expect that we could see in 2022, 2023, 2024, 2025 and a bit further ahead.
Our first long-term 1inch price prediction comes from DigitalCoin whose price predictions are pretty positive for the next seven years. As the graph outlines below, DigitalCoin has predicted that the price of 1inch will increase almost year-on-year except for 2027 where it could dip below the prices it reached in 2026. However, after this point, in 2028 it could again reach new highs.
Here are the figures they have forecasted for 1inch 2022 to 2028:
- 2022: $6.98
- 2023: $9.05
- 2024: $10.51
- 2025: $12.68
- 2026: $14.71
- 2027: $12.89
- 2028: $18.25
To summarise, DigitalCoin has forecasted that by 2022, 1inch could climb up to $6.98, reach $9.05 as it smashes past its current ATH in 2023, cross $10 to $10.51 in 2024, and then reach $12.68 in 2025. 1inch will then reach a maximum price of $18.25 by 2028.
It’s hard to know what to think of this forecast as the prices DigitalCoin has estimated for 2022 and 2023 are plausible, but further afield it could be a bit too bullish. But then again, we are talking about a very young crypto asset that is clearly very volatile.
Our next long-term 1inch price forecast comes from Cryptocurrency Price Prediction, which is known to be one of the most bullish price forecasters around. Nevertheless, its price forecasts are important in establishing the absolute maximum prices 1inch could reach in the next few years.
For 2022, Cryptocurrency Price Prediction has estimated the following 1inch prices:
|
Month & Year |
1inch Price Prediction |
|
January 2022 |
$8.4246 |
|
February 2022 |
$8.9180 |
|
March 2022 |
$9.6011 |
|
April 2022 |
$7.1344 |
|
May 2022 |
$8.4246 |
|
June 2022 |
$9.2595 |
|
July 2022 |
$10.9672 |
|
August 2022 |
$11.1949 |
|
September 2022 |
$12.2195 |
|
October 2022 |
$13.0544 |
|
November 2022 |
$12.6370 |
|
December 2022 |
$14.7241 |
For 2025, Cryptocurrency Price Prediction has estimated the following 1inch prices:
|
Month & Year |
1inch Price Prediction |
|
January 2025 |
$37.1899 |
|
March 2025 |
$37.7591 |
|
April 2025 |
$38.7078 |
|
May 2025 |
$43.2617 |
|
July 2025 |
$50.0925 |
|
September 2025 |
$45.6904 |
|
October 2025 |
$44.7796 |
|
November 2025 |
$52.3694 |
|
December 2025 |
$53.8874 |
These price predictions are incredibly high and almost reach a new ATH every month. By the end of 2022, Cryptocurrency Price Prediction expects 1inch to reach an ATH of $14.7241, and by the end of 2025 an ATH of $53.8874.
It’s a stark contrast to what DigitalCoin expects in the same timeframe. While DigitalCoin expects 1INCH to be worth a maximum of $6.98 in 2022, Cryptocurrency Price Prediction thinks it could be worth more than twice that number and reach $14.7241. And by 2025, the contrast is even more insane as DigitalCoin expects $12.68 (still below what Cryptocurrency Price Prediction estimated for 2022) while Cryptocurrency Price Prediction believes $53.8874 could be possible — more than four times higher.
Now let’s return to Trading Beasts who could be a little more grounded in what they expect in the run-up to 2025. Here’s what they expect for 2022 and 2024 (where their price predictions end):
Trading Beasts 2022 1inch price predictions:
| Month | Minimum Price | Maximum Price | Average Price | Change |
|---|---|---|---|---|
| January 2022 | $3.19754 | $4.70227 | $3.76181 | -8.91% |
| February 2022 | $3.33332 | $4.90194 | $3.92155 | -5.05% |
| March 2022 | $3.48256 | $5.12141 | $4.09713 | -0.80% |
| April 2022 | $3.67226 | $5.40038 | $4.32031 | 4.61% |
| May 2022 | $3.87460 | $5.69794 | $4.55836 | 10.37% |
| June 2022 | $4.09702 | $6.02502 | $4.82002 | 16.71% |
| July 2022 | $4.32001 | $6.35295 | $5.08236 | 23.06% |
| August 2022 | $4.55403 | $6.69711 | $5.35768 | 29.73% |
| September 2022 | $4.78828 | $7.04159 | $5.63327 | 36.40% |
| October 2022 | $5.01278 | $7.37174 | $5.89739 | 42.79% |
| November 2022 | $5.24078 | $7.70703 | $6.16562 | 49.29% |
| December 2022 | $5.45646 | $8.02421 | $6.41937 | 55.43% |
Trading Beasts 2024 1inch price predictions:
| Month | Minimum Price | Maximum Price | Average Price | Change |
|---|---|---|---|---|
| January 2024 | $7.77077 | $11.42761 | $9.14209 | 121.36% |
| February 2024 | $7.91566 | $11.64067 | $9.31254 | 125.49% |
| March 2024 | $8.04745 | $11.83448 | $9.46759 | 129.24% |
| April 2024 | $8.18451 | $12.03605 | $9.62884 | 133.14% |
| May 2024 | $8.31359 | $12.22587 | $9.78069 | 136.82% |
| June 2024 | $8.44345 | $12.41684 | $9.93348 | 140.52% |
| July 2024 | $8.56589 | $12.59690 | $10.07752 | 144.01% |
| August 2024 | $8.68922 | $12.77827 | $10.22262 | 147.52% |
| September 2024 | $8.80947 | $12.95510 | $10.36408 | 150.95% |
| October 2024 | $8.92303 | $13.12210 | $10.49768 | 154.18% |
| November 2024 | $$9.03760 | $13.29059 | $10.63247 | 157.44% |
| December 2024 | $9.14592 | $13.44988 | $10.75990 | 160.53% |
These figures are closer in comparison to DigitalCoin’s price predictions than Cryptocurrency Price Prediction’s, albeit a little higher. For the next few years, Trading Beasts expects 1INCH to continue to rise in price with their estimated minimum, maximum and average prices getting higher. They don’t seem to believe there will be much volatility, instead, they suggest the price will gradually increase month-by-month from 2022 to 2024.
At the very highest, Trading Beasts has predicted that by the end of 2022, 1INCH could be worth $8.02421, beating its current ATH by December. And by June 2023, 1inch could be worth more than $10 per token. Finally, by the end of 2024, where Trading Beasts’ predictions end, 1inch could be a maximum price of $13.44988.
So far, DigitalCoin, Cryptocurrency Price Prediction and Trading Beasts have given us a pretty positive outlook for the next few years up to 2025, which is quite reassuring after slightly inconclusive price predictions for 2021. But not every price forecaster believes 1inch will do well in the long run.
Gov Capital, for example, has predicted a rather bearish picture ahead. As we can see from the graph below, they expect a downturn to start to take place towards the end of 2021 and for it to continue well into 2022.
Gov Capital have predicted the following 1inch prices to be reached by the end of 2022, 2023, and 2024:
- 2022 — average = $2.292, minimum = $1.9482, maximum = $2.6358
- 2023 — average = $1.565, minimum = $1.33025, maximum = $1.79975
- 2024 — average = $0.4075, minimum = $0.346375, maximum = $0.468625
It’s a rather bleak picture — Gov Capital expects 1inch to haemorrhage value and reach new ATLs instead of new ATHs. Even in 1inch’s early days in late December 2020, it never got so low. Why Gov Capital feels this will happen though is not clear at all.
What Will Happen To The Price Of 1inch In 2025?
The price of 1inch in 2025 will likely reach new highs and gradually increase in the coming years. By 2022 or 2023, the price of 1inch could surpass $10 and continue to plough ahead. No price forecasters expect any periods of volatility in the next few years for the price of 1inch in the run-up to 2025.
Will The Price Of 1inch Go Up In 2025?
Yes, according to expert price forecasts for 1inch in 2025, its price could hit an astonishing high of $53.8874. Only Gov Capital believes that the price of 1inch will be lower in 2025 than it is today, suggesting it could reach lows of $0.346375 by the end of 2024.
Additional Predictions For The Price Of 1inch In 2022-2025 Include:
1inch Price Predictions 2022
- WalletInvestor: $5.575
- Price Prediction: $5.18
- Coinskid: $8.35
- CryptoNewsZ: $12-$15
- Economy Watch: $7
- Coinquora: $20
1inch Price Predictions 2023
- WalletInvestor: $5.169
- Price Prediction: $7.56
- Coinskid: $12.57
- CryptoNewsZ: $12
- Coinquora: $35
1inch Price Predictions 2024
- WalletInvestor: $4.798
- Price Prediction: $11.14
- Coinskid: $16.06
- CryptoNewsZ: $17
- Coinquora: $50
1inch Price Predictions 2025
- WalletInvestor: $4.936
- Price Prediction: $16.19
- Coinskid: $10.52
- CryptoNewsZ: $20
- Economy Watch: $10
- Coinquora: $75
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Trading Education 1inch Price Predictions
Now that we’ve seen the good price predictions, the bad price predictions and the plain old ugly, we’re in a better position to form our own price predictions.
It’s super handy at this point to compare the bullish price predictions with the bearish and conservative price predictions because altogether they help us form a much more accurate picture of where 1inch could be in the next few years.
1inch Price Predictions 2021
2021 1inch price predictions suggest to us that a maximum price of $7.5518 could be reached by the end of the year, however, several predictions estimate that a price between $3.20 and $3.80 could be more realistic. The lowest 1inch price prediction for 2021 suggests a price of $2.286.
1inch Price Predictions 2022
By 2022, expert 1inch price predictions forecast that 1INCH could surpass $15 or even $20. Elsewhere, more conservative 1inch price predictions for 2022 convene around $5.
1inch Price Predictions 2023
According to the top 1inch price predictions for 2023, prices will likely coalesce between $5 and $7, and some price forecasted agree that 1inch surpassing $10 could become a real possibility and even hit $12 per token. In the worst-case scenario, the lowest 1inch price prediction for 2023 says that prices could sink to $1.33025.
1inch Price Predictions 2024
2024 1inch price predictions are fairly varied and perhaps suggest a maximum price between $10 and $17 is most realistic. The lowest 1inch price predictions suggest that it may have retreated below $1 in 2024, while the highest estimates a price of $50.
1inch Price Predictions 2025
1inch price predictions for 2025 are fairly similar to those of 2024 albeit a little higher, running from $10 to $20, however, outrageous top prices of $53.8874 and $75 have also been suggested.
1inch Price Predictions 2027
By 2027, 1inch price prediction data suggests that 1INCH could be valued between a low of $12.71 and a high of $35.70.
1inch Price Predictions 2030
2030 1INCH price predictions are extremely bullish suggesting that the asset may surpass $100 and be valued at a maximum of either $123.90 or $151.7954.
Conclusion: 1inch Price Prediction Forecast
The below prediction figures outline some of the potential highs and lows of 1inch price prediction forecasts for 2021, 2022, 2023, 2024, and 2025 offered by technical analysts and industry experts.
| Year | High | Low |
| 2021 | $12.5 | $4.5 |
| 2022 | $15.6 | $5.3 |
| 2023 | $18.6 | $7.5 |
| 2024 | $22.5 | $9.5 |
| 2025 | $30.5 | $12.6 |
Would you consider buying 1inch?
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
How Has The Price Of 1inch Changed Over Time?
A crucial thing to remember about 1inch is that it’s a very young cryptocurrency and so the historical price data available is very limited. This also has a knock-on effect on price predictions that typically work with historical data to project where prices could go. Because this data is so limited, we can end up with vastly different price forecasts for the coming years.
And what can make this trickier to analyse is that 1inch was launched during a particularly volatile time. As we can see from the chart below from CoinMarketCap.
1INCH/USD price chart. Source: Coinmarketcap
The 1INCH token launched after a successful private token sale raised $2.8 million. Though little is known about how much each token was sold for, we can see on the charts that after it was released to the market on the 25th of December 2020, 1INCH rallied up from $1.90 per token to $2.62 but then quickly dropped in value down to $0.82 by the end of 2020.
This is not too surprising as this typically happens after a new asset hits the crypto market. In short, many token holders who had bought 1INCH in the token sale likely sold their tokens as the price shot up when it hit the market, leading to an eventual decline in price.
Gradually 1inch picked itself up and reached $1.22 by the start of 2021 and by the end of the month appeared to be on the cusp of entering the bull market. By the 25th of January 2021, 1inch was retesting its then ATH of $2.62. The last few days of January saw its biggest price increase as it went from $2.92 on the 29th to $5.15 on the 31st.
For the next few months after reaching this high, 1INCH became incredibly volatile dropping and rising several times though never returning to its pre-bull run lows. Like much of the bull market, 1inch reached an ATH in May when prices spiked across much of the crypto market — 1INCH’s ATH is still $7.87, which it achieved on the 8th of May 2021.
After reaching this high, 1INCH dropped in price dramatically, hitting a low of $2.04 in the same month, a price which it had not seen since the beginning of 2021. But worse was to come as it slowly plummeted down to $0.4933 on the 14th of June 2021, its ATL.
But this period didn’t last long and after hitting this low, the price of 1inch began to recuperate in August and October.
What Factors Affect The Price Of 1inch?
To invest effectively in 1inch, you must fully understand the factors that impact its price. 1inch is no different. While price predictions can be a handy guide to what could be possible in the future, understanding what makes 1inch tick will always be more valuable to investors.
1. The Popularity Of DeFi And DEXes
The 1inch liquidity protocol is the 59th-largest DeFi project by total value locked (TVL) according to DeFi Pulse and the 12th largest DEX with a TVL of $66.3 million.
As DEXs and DeFi protocols continue to grow in popularity as an alternative to centralised crypto exchanges, such as Binance, 1inch may become a more desirable asset to own.
2. The Price Of Bitcoin
Like most small-cap cryptocurrencies, the price of Bitcoin is a major factor in 1inch’s price. By comparing the prices of both assets, we can see that whenever Bitcoin rises or falls, the price of 1inch follows.
This happened at the beginning of 2021 when the price of 1inch first started to increase, when it hit its ATH in May, when its price then crashed and more recently, its recovery. Therefore, any 1inch investor must closely follow the price of Bitcoin too.
It should also be noted that it is typically a lagging effect so it won’t necessarily immediately impact the price, but over time it will.
Key Points
If you remember anything from 1inch Price Predictions: How Much Will 1INCH Be Worth In 2021 And Beyond? Make it these key points.
- The 1inch Network is one of the most popular DEXs and operates on top of the Ethereum blockchain. Its advantage over the market is its ability to aggregate the best prices for traders on different DEXs.
- On the 8th of May 2021, 1inch reached its ATH of $7.87.
- WalletInvestor has predicted that by the end of 2021, 1inch could have a maximum price of $5.469.
- Trading Beasts has predicted a maximum price of $4.55299 by December 2021.
- By 2025, 1INCH could have a top price between $53 and $75.
- The lowest price prediction for 1inch is $0.346375 in 2024 by Gov Capital.
- By 2030, 1INCH could surpass $100 and reach a record high of $151.7954.
- The popularity of DeFi protocols and DEXes, and the price of Bitcoin are the two primary factors that affect the price of 1inch.
eToro – Best Platform To Buy 1Inch
eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
How To Buy 1inch With eToro?
1inch can be bought in three easy steps with eToro. Here’s how:
Step 1. Head over to eToro, click ‘Join Now’, and fill out the registration form. Note that you’ll need to upload proof of ID and address — this is to comply with anti-money laundering laws and prevent fraud.
Step 2. Make your first-time deposit which will likely either be a minimum of $50 or $200 depending on your location. However, do note that in several countries around the world, the minimum first-time deposit is significantly higher, so please check before signing up!
Step 3. Once your account is ready, on the eToro platform head over to ‘Trade Markets’ → ‘Crypto’ → ‘1INCH 1inch’ and choose your terms.
And that’s it, you’re now trading 1inch!
FAQs
Is 1inch A Good Investment?
1inch could be a good investment to hold onto for the long term if price forecasters are correct. Almost all of the top price forecasters, except Gov Capital, expect the price of 1inch to rise over the coming years. By 2030, it could be worth over $150 per token according to Cryptocurrency Price Prediction.
What Will 1inch Be Worth In 2025?
In 2025 1inch will be worth a maximum price of $75 according to Coinquora or a minimum price of $4.936 according to WalletInvestor. 1inch will likely have surpassed $10 by 2025 at least.
What Is 1INCH Token Used For?
The 1INCH token is used as a governance token for the 1inch Network. Holders of the 1INCH token can vote on how the 1inch Network operates. You can also earn 1INCH by staking cryptos on the 1inch Network.
Can You Mine 1INCH?
No, you cannot mine 1INCH. Though it is based on the Ethereum blockchain, which still technically uses a proof-of-stake mechanism, new 1INCH tokens are earned by staking cryptos on the 1inch Network.