Market Stats and Forecasts
1inch Description
The 1INCH token is the native cryptocurrency of the 1inch Network which was founded by Segej Kunz and Anton Bukov IN May 2019. This is one of the top-rated decentralized exchange aggregators. It plays a decisive role in the ecosystem by serving as both utility token and governance. 1INCH is a governance token which empowers its token holders to participate in the decision-making process of the 1inch network enthusiastically. Token holders can vote on important proposals such as fee structures, treasure funds allocation and protocol upgrades. This decentralized governance model creates a transparent and community-driven ecosystem.
Now, the question is what 1INCH provides as a utility token. Token holders can easily stake their 1INCH token to earn rewards in the form of additional tokens or fee shares. The platform usually introduces special features and benefits for 1INCH holders by offering added value to token ownership. The best part of this token is it can be used to pay translation fees on the 1inch platform. When it comes to what makes 1inch network unique, this network provides users attractive prices and ultimate security. Recently, this network was introduced with advanced fusion mode which allows users to swap tokens without paying any network fees along with the best rate.
This fusion mode also offers users extra MEV (maximum extractable value) protection where all swaps in Fusion mode are executed by professional traders who use the most classy and efficient ways to protect user’s swap from MEV. Many people are confused regarding where they can buy 1INCH. The answer is simple: it is available on many trusted exchanges, including Binance, Huobi Global, KuCoin, Kraken, OKEx and Coinbase. The demand for 1INCH tokens will grow rapidly in the future and it has the potential to become one of the top cryptocurrencies. Add this token to your portfolio today and experience its advanced real-time use cases.
Forecast Based on AI Model
Drawing insights from our analysis that integrates historical price movements of 1inch, Our analysis, guided by the machine learning experts, yields forecasts for 1inch price trajectory up to 2024. With a comprehensive understanding of 1inch historical price movements and utilizing advanced algorithms, our team has derived predictions with a mean absolute error (MAE) value of 3 and an error value of 0.34%.
For the year 2024, our analysis indicates a projected yearly low of $0.369, with the high anticipated to reach $0.509. These forecasts are the outcome of a comprehensive approach designed to provide investors with reliable insights for strategic decision-making.
Prediction Table based on AI Model
| Date | Low | Average | High | ROI |
| 2024-09-15 | 0.397 | 0.409 | 0.426 | -0.04 |
| 2024-09-16 | 0.397 | 0.405 | 0.417 | -0.04 |
| 2024-09-17 | 0.405 | 0.414 | 0.426 | 1.06 |
| 2024-09-18 | 0.41 | 0.423 | 0.439 | 2.18 |
| 2024-09-19 | 0.405 | 0.419 | 0.435 | 2.18 |
| 2024-09-20 | 0.41 | 0.423 | 0.436 | 3.30 |
| 2024-09-21 | 0.41 | 0.418 | 0.427 | 2.16 |
| 2024-09-22 | 0.414 | 0.423 | 0.436 | 3.29 |
| 2024-09-23 | 0.41 | 0.423 | 0.436 | 3.29 |
| 2024-09-24 | 0.405 | 0.418 | 0.431 | 2.15 |
| 2024-09-25 | 0.414 | 0.423 | 0.435 | 2.15 |
| 2024-09-26 | 0.419 | 0.427 | 0.436 | 4.40 |
| 2024-09-27 | 0.419 | 0.432 | 0.449 | 5.55 |
| 2024-09-28 | 0.433 | 0.446 | 0.464 | 7.87 |
| 2024-09-29 | 0.442 | 0.451 | 0.46 | 10.24 |
| 2024-09-30 | 0.442 | 0.451 | 0.464 | 9.03 |
| 2024-10-01 | 0.442 | 0.456 | 0.469 | 9.03 |
| 2024-10-02 | 0.428 | 0.442 | 0.455 | 7.83 |
| 2024-10-03 | 0.432 | 0.441 | 0.454 | 6.64 |
| 2024-10-04 | 0.442 | 0.451 | 0.46 | 8.99 |
| 2024-10-05 | 0.442 | 0.451 | 0.464 | 8.99 |
| 2024-10-06 | 0.447 | 0.461 | 0.474 | 11.39 |
| 2024-10-07 | 0.437 | 0.451 | 0.469 | 10.16 |
| 2024-10-08 | 0.456 | 0.461 | 0.47 | 12.59 |
| 2024-10-09 | 0.466 | 0.476 | 0.49 | 15.06 |
| 2024-10-10 | 0.456 | 0.466 | 0.48 | 13.80 |
| 2024-10-11 | 0.461 | 0.466 | 0.475 | 13.80 |
| 2024-10-12 | 0.452 | 0.466 | 0.485 | 13.80 |
1inch Price Prediction 2025
According to our analysis conducted via our Machine Learning Model,1inch is forecasted to achieve its peak value in 2025 at approximately $0.818, while potentially dipping to a low of $0.436. The average trading value during this period is projected to hover around $0.744.1inch Price Prediction 2026
In 2026, 1inch is anticipated to potentially reach its peak value of $1.25, with a possible lower value of $0.647. The average trading value for this period is estimated to be approximately $1.12.1inch Price Prediction 2027
As we look ahead to 2027, the trajectory of the 1inch coin may offer investors unexpected turns. Projections suggest peaks hitting $1.72 and lows stabilizing around $0.97, with an average trading value resting near $1.51.1inch Price Prediction 2028
In the upcoming year of 2028, investors may witness noteworthy fluctuations in the value of the 1inch coin. Projections point towards a maximum value of $2.68, a minimum of $1.38, and an average value of approximately $2.42.1inch Price Prediction 2029
Our market analysis indicates optimistic prospects for the 1inch crypto in 2029, with projected peaks at $4.33 and floors at $2.13. Moreover, the average trading value of this coin is anticipated to hover around $3.84.1inch Price Prediction 2030
In 2030, our crypto analyst team and Machine Learning experts envision a varied outlook for the 1inch token. Projections indicate highs near $6.38, potential lows around $3.17, with an average value of about $5.66.Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.
Forecast Based on Technical Analysis
Bitcoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
Both the 200-day and 50-day Simple Moving Averages (SMA) are forecasted to rise, with the former expected to reach $0.262 by the Sep 15, 2024. The Relative Strength Index (RSI) stands at 0.8886, indicating a Fall market stance. Overall, while the long-term forecast is Sell.
About 1inch
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Kshitez Pratap Singh
Kshitez Pratap Singh possesses deep expertise in data analytics and machine learning. He excels at deriving actionable insights from complex datasets. Kshitez combines his analytical skills and machine learning knowledge to develop models that support data-driven decision-making, helping businesses and investors navigate and thrive in the finance niche.
Mohit Kumar
Mohit Kumar is a computer science engineer with a specialization in Artificial Intelligence and Machine Learning (AIML). he has honed his expertise in developing sophisticated machine-learning models tailored for the financial sector, exploring various aspects of forecasting and statistical modeling to provide invaluable insights for informed investment decisions in the volatile world of cryptocurrencies.
Sentiment: Sell
The 1inch is predicted to surge by 3.08% to $0.414 by Sep 17, 2024, though current indicators show a Bearish sentiment with 15 out of 30(50%) green days and a notable 3.70% price volatility over the past month.
