Will 1inch (1Inch) Reach $100?

Last Updated September 28th 2022
6 Min Read

1inch had a very successful year in 2021, and now everyone cannot help but ask; will 1Inch eventually reach $100? If yes, when will it get there?

Technical analysis by Wallet Investor, for example, had indicated that 1Inch will reach $67 in the last half of 2022 and push its price further up to $100 by 2024.

In light of a downtrending crypto market, however, most analysts are now critical of the market, they have also adjusted their forecasts to reflect that 1Inch will reach $100 in the next 5 to 10 years.

In this post, we will be going over specific analyst predictions, checking when they expect 1inch to reach $100 and how high up they expect it to get after that.

First, though, we need to understand how the DeFi token has performed in the past.

So, Will 1inch (1Inch) Reach $100?

Yes, despite dovish market performance in the last few months, the majority of analysts and investors are convinced that 1Inch will recover and break into a rally that takes it above $100. But as we have mentioned, the optimism of 1Inch getting to $100 in the next 5 years shared by the crypto community earlier in the year has died down. Today, most forecasters can only see 1Incha getting to $100 in the last half of this decade or later.

Among these are the technical analysts at ICOCreed. While they are confident that 1Inch token price will continue rising for the next few years, they reckon the recovery will be rather slow and can only expect 1Inch to break its current all-time highs in March 2024 when it reaches $10. Their analysis then goes on to suggest that 1Inch will only get to $100 in September 2030.

Crypto experts at CaptainAltcoin are equally confident that 1Inch will eventually recover and resume its early 2021 uptrend. They, unlike all the other forecasters we will feature here, do not expect 1Inch to get to $100 in the next 10 years. In their estimation, 1Inch will only get to $100 after 2030.

Technical analysts at Priceprediction.Net are also confident that 1Inch token prices will rebound and break above their current ATH. They indicate that it will achieve this and reach $10 in 2024, rise further to break above $50 by 2029, and eventually hit this target price in 2030 when it ends that year selling for $107.

CryptocurrencyPricePrediction maintains one of the most optimistic views of 1Inch future price action. Their technical analysis indicates that 1Inch will rise above its current ATH and reach $10 in January 2023 and the end of January 2025, respectively. It then foretells a rapid price recovery that pushes 1Inch’s value above $27.24 in July 2025 and as high as $50 in 2029. By December 2030, this analysis indicates that 1Inch will be trading $95.59.

The Reddit community has mixed feelings about 1Inch’s future price action. One fraction of the community doesn’t believe that 1Inch can get to $100 any time soon. The other is convinced that 1Inch has everything it needs to grow its value by the less than 3500% required to push its price above $100 and market cap as high as $150 Billion.

Don't Miss: Will 1inch Make Me Rich In 10 Years?

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Will 1inch (1Inch) Eventually Reach $500?

It is highly like that 1Inch token price will eventually reach $500, but at present, no one believes the altcoin can get here in short to medium term. Granted, 1Inch has everything it needs to get here - including the backing of a revolutionary DeFi-focused protocol and a growing demand for fast and affordable DEX services.

To get here, however, it needs to grow its current price by more than 31150%. It also needs to stretch its market cap from its current value of around $640 Million to around $750 Billion. And looking at the sheer level of growth that 1inch needs to get to $500 and the unpredictable nature of the crypto market, most analysts do believe the altcoin can reach here in the next few years.

What Will 1inch (1Inch) Be Worth In 2025?

Looking at the different 1Inch price predictions and crypto expert commentaries about the altcoin future, it is clear that 1Inch will most definitely be worth much more in 2025 than it is currently selling for. The general feeling is that it will be selling for between $10 and $50.

For instance, technical analysis by experts at CoinsKid indicates that the DeFi token prices will sell for between $19 and $50 throughout 2025.

Of all the forecasters we have interacted with when coming up with this 1Inch price prediction guide, experts at Economy Watch have one of the most conservative views of the altcoin’s future rice action. They urge crypto enthusiasts to practice caution when dealing with this coin, arguing that its recovery will most likely be gradual and not a rapid price jump. But even they are confident that 1Inch can get to $10 before the end of 2025.

Conclusion

In truth, no one can tell with utmost accuracy what 1Inch or any other crypto will be worth tomorrow or the price direction it will take over the next few years. The best that crypto exerts and analysts can do is use a digital currency’s past price action and fundamentally analyses its future prospects and that of the entire crypto market in coming up with different forecasts.

Today, an analysis of the altcoin future by the different crypto experts and technical analysts indicates that its prices will continue rising and that it will most likely reach $100 in the next 5 to 10 years. Some of the factors that these analysts believe will help 1Inch get to this price level include a recovering crypto market and the continued adoption of 1Inch DEX services in the DeFi ecosystem. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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