Can 1Inch make me rich? How rich will I be in the next 5 or 10 years if I buy 1Inch today?
Well, based on its past price action, the fact that it has the backing of a highly revolutionary crypto protocol, and the crypto community is hugely bullish on its future price action, it is highly likely that 1Inch will make you super-rich in the future.
Look at it this way, despite the beat down the altcoin received throughout the last half of 2021, it has still managed to maintain a price uptrend, and its price was already by more than 200% in the last 12 months. At its peak price in May, the DeFi token price was up by close to 500%.
This says that if you had invested $1,000 in 1Inch when it launched on 25th December, you would have been $5,000 richer in May.
Moving forward, market sentiments are hugely bullish about 1Inch’s future, and both fundamental and technical analysts are confident that the DeFi token’s price will rebound and continue rising for the next few years.
But how rich can this DeFi token make you in the next 5 years? Can you even make money with 1Inch if you buy the altcoin today?
We answer all these and tell you what 1Inch will be worth in the next 5 to 10 years below.
Read on.
Can I Make Money Investing In 1inch (1Inch)?
Well, crypto experts are convinced that 1Inch token prices will rebound and continue rising in the foreseeable future, which implies that the odds of making money in the future when you invest in 1Inch today are quite high.
There typically are two primary ways of making money with virtually any cryptocurrency, and 1Inch is no exception. For starters, you may choose to simply buy and hold - which is the most popular and most beginner-friendly method of making money with cryptocurrencies. It involves buying the DeFi token and holding on to it for an extended period of time as you wait for its value to appreciate.
Let’s assume that you just bought 1Inch worth $1,000 today and hold until its value gets to $200 - probably after 15 years - you would have made grown your investment by more than 12,400% to $125,000.
You could also choose to actively trade 1Inch tokens by leveraging its constantly fluctuating price action. This involves buying 1Inch when its price is low and selling them as soon as it peaks. Or shorting a 1Inch position when price peaks and exiting as soon as it floors.
Now assume you start trading 1Inch with $1,000 and make consistent and compounded gains of 5% per week, you will have grown this investment to incredible heights within the next few years.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Will 1inch (1Inch) Eventually Reach $100?
Yes, the majority of crypto industry players, especially the technical analysts and investors, are convinced that 1Inch will resume its uptrend and eventually break above $100. They are particularly convinced that the altcoin has everything it needs to get here in the next 5 to 10 years.
But before we even go through the different 1Inch price predictions for the next 5 and 10 years, we need to ask whether a climb towards $500 is even feasible.
We will answer this by looking if its market cap can support a value and the level of growth it needs to get here:
For starters, 1Inch has a total supply of 1.5 billion tokens. Therefore, if its prices were to get to $100, it would mean enlarging its market capitalization to around $15 Billion. This is feasible because it would only get 1Inch to among the top 20 cryptocurrencies - a fete that most of its proponents believe its DEX aggregation solution deserves.
Secondly, the DeFi token has been trading between $1.4 and $2.6 in the beginning of 2022, which implies that to get to $100, it needs to grow its value by more, around 6150%. Seeing that it is still new and has already proven to be a rather resilient token, the crypto community is confident 1Inch can grow by this much in the next few years.
But what do they believe the DeFi token will be worth in the next 5 and 10 years?
What Will 1inch (1Inch) Be Worth In 5 Years?
There is an overwhelming conviction within the crypto community that 1Inch will be worth much more in 2026 than it is selling for today. The majority are especially confident that 1Inch will be selling for between $10 and $50 in the next 5 years.
Experts at Economy Watch observe that the recovery process for 1Inch will be mainly gradual and stretched over a long period of time. They, for instance, reckon that 1Inch will only rise above its current ATH in 2025 and will storm into 2026, trading around $10.
Analysts at Captain Altcoin share these conservative sentiments about the DeFi token’s future price action. They are especially opposed to the views of the larger section of analysts and investors who are campaigning for a $100 valuation for 1Inch, arguing it that cannot get here in the short to medium term. Over the next 5 years, Captain Altcoin analysts expect 1Inch’s value to grow by around 962% to reach $17.
Technical analysts at CoinsKid are a tad more optimistic and expect 1Inch’s rebound and recovery to be rather quick. They, for instance, are confident that 1Inch will rise above its current ATH by the first quarter of 2023, and though their analysis doesn’t stretch to 2026, it indicates the DeFi token will be trading around $50 in the last quarter of 2025.
Don't Miss: 1inch Price Predictions
Where Will 1inch (1Inch) Be In 10 Years?
Well, if its past price action and sentiments by the crypto community are anything to buy, you can expect 1Inch to rise consistently for the next 10 years. The majority of crypto experts and analysts are even confident the DeFi token will have broken above $100 in the next 10 years.
At ICOCreed, for instance, the altcoin price prediction informed by both fundamental and technical analysis of the DeFi coin and the crypto market indicates that 1Inch will be storm into 2031 selling for $114.
Technical analysts at PricePrediction.Net are equally confident that 1Inch will rebound and sustain an overall uptrend for the next 10 years. They are confident the altcoin will rise above its current all-time high in 2024, reach $20 in 2026, and break out in 2031, trading around $107.
Analysts at CryptocurrencyPricePrediction have one of the most optimistic views of the altcoin’s future price action. They indicate the altcoin will break above its current all-time high in February 2023, and reach $10 for the first time ever in January 2025. Going into 2026, 1Inch expects the altcoin to sell for $33.9 and to sell for $95.5 in December 2030.
Is 1inch (1Inch) A Good Long-Term Investment?
Yes, 1Inch is a relatively good investment - and for a number of reasons. For starters, it is a good investment because its value is expected to continue growing for the next few years. We could also say that 1Inch is a good investment because it has the backing of one of the most innovative crypto technologies, the DEX aggregator solution, whose adoption across the DeFi ecosystem and growing use are expected to help 1Inch reach unimaginable heights.
But what do you stand to make when you invest in 1Inch today?
We will start by assuming that you just bought 1Inch tokens worth $1,000 today. Assuming the price forecast by CoinsKid is correct, and the altcoin ends up trading above $50 in 2026 (growing its current worth by 3025%), you will be $31,250 richer in the 5 years.
Further assuming that the price forecast by analysts at CryptocurrencyPricePrediction is correct and 1Inch trades above $95 in the next years, it will have grown your $1,000 investment by more than 5837% to earn you $59,370.
Both illustrations show you why 1Inch is a good long-term buy and what you stand to make if you buy today and hold for the next 5 to years - assuming that its price action goes as predicted by these reputable forecasters.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Conclusion: Should I Buy 1inch (1Inch)?
The decision to buy 1Inch and any other cryptocurrency should be informed by more than forecasts by random forecasters online. It should be a personal decision that is rooted in thorough research and understanding of the DeFi token and correct assessment of its sustainability with the amount to invest in the altcoin being determined by such factors as your risk tolerance, your trading experience, and investment strategy.
That said, the crypto community is overwhelmingly optimistic about the altcoin’s future price action. They are confident that it has all it takes to continue growing its value and making its investors incredibly rich, both of which make it a must-buy for every long-term focused crypto investor.
Read More:
The 5 Best Ways To Buy 1inch (1INCH)
What Might Happen If You Invest $100 In 1Inch (1INCH) Today?