1inch Price Overview
The current 1inch price is 0 €. The price has changed by % in the past 24 hours on trading volume of NaN €. The market rank of 1inch is based on a market capitalization of NaN €. 1inch has a circulating supply of NaN 1INCH. The highest recorded 1inch price is NaN €. And the lowest recorded 1INCH price is NaN €.
Analysing 1inch’s price history
Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.
Make sure your price prediction for 1inch matches your long-term and short-term financial goals.
There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.
Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the 1inch chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.
In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.
News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?
Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.
Factors influencing the Price of 1inch
Many factors affect the value of 1inch.
The 1inch exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.
Government regulations have a great impact on the price of 1inch and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.
Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of 1inch in the news, monitor 1INCH on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.
Understanding the crypto market dynamics
The crypto market is a highly dynamic and fast-paced environment that rapidly changes. Just as with 1inch, understanding these dynamics can be pivotal to your investment decisions. An important consideration is market volatility. 1inch and similar cryptocurrencies have had high price volatility in the past. Sharp price increases and drops can happen within hours, or even minutes. This volatility can present both risks and opportunities for investors interested in 1INCH.
1inch along with the rest of the crypto market tends to follow Bitcoin’s price moves. This is partly because Bitcoin’s market cap accounts for over a third of the crypto market as a whole. In addition, the competitive landscape within the cryptocurrency market can also affect 1inch’s price. The entry of new competitors, or the development of more advanced technologies by existing competitors, can pose a risk to 1inch’s market position.
The impact of global economic events on 1inch price
The 1INCH exchange rate sometimes moves with or in response to changes in the wider economy. Like all crypto, 1inch can be affected by Government regulations. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the 1inch price higher or lower.
Government policies encouraging the development and use of cryptocurrencies can boost the 1INCH exchange rate, while those that restrict or ban crypto can lead to price drops.
Economic instability or crises can lead people to look for alternatives to fiat currency, potentially increasing demand for 1inch and other cryptocurrencies. On the other hand, strong economic growth can lead to increased crypto investment as individuals and companies look for new profit opportunities.
Investing in cryptocurrencies like 1inch can be an exciting yet challenging endeavour. As the cryptocurrency landscape continues to evolve, staying informed and understanding the various factors that can impact crypto prices can help you navigate your investment journey with confidence.
Whether you're an experienced investor or just starting, always remember the basic tenets of investing - diversify your investments, only invest what you can afford to lose, and be sure to understand the risks involved before making any investment decisions. Check out our Intelligent Portfolios that automatically adapt to market conditions.
The role of crypto exchanges
Cryptocurrency exchanges play a crucial role in the trading and pricing of cryptocurrencies like 1inch. They serve as platforms where buyers and sellers meet to trade crypto. The prices of cryptocurrencies are determined by the buying and selling activity within these exchanges
All of these factors influence the 1inch exchange rate and the exchange rates of other cryptocurrencies – today. They all influence investment decisions in the crypto market, and those decisions determine the market price.
How to invest in 1inch
Investing in 1inch is simpler in many ways than fiat currency investing. Sign up for your free Kriptomat account and make your first 1INCH purchase which will be as simple as ordering a pizza.
Simply define your investment objectives and trading purposes, then make your 1inch and other crypto transactions. You’ll be pleased with the low trading fee for crypto funds compared to what financial asset managers and bankers charge.
Crypto investing can be complicated, that's why we believe crypto should be simple. There are a lot of different tools and strategies to choose from, and 1inch is just one of thousands of cryptocurrencies. You can even invest in crypto-related stocks through ETFs
Live 1inch value and market cap
The live 1inch exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.
The market capitalisation of 1inch is equal to the value of 1inch multiplied by the number of 1inch in circulation.
Exchange 1inch
Swap some or all of your 1inch for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.
Use 1inch
Use the 1inch you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.
1inch Price FAQ
What factors influence the price of 1inch?
Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how 1inch tracks the overall market, check out our comprehensive cryptocurrency price page.
How is the 1inch exchange rate calculated?
The 1INCH exchange rate is decided by supply and demand on cryptocurrency exchanges. When more people are buying 1inch than selling it, the price goes up. When more are selling, the price goes down.
Why is the live 1inch price different on different cryptocurrency exchanges?
1inch’s price quote is based on transactions taking place at each exchange. There is no standard global 1inch exchange rate. The trading volume and liquidity are different for each exchange, and those differences affect the price.
What will 1inch be worth in the future?
Any number of things could affect the value of 1inch in the future, including changes to regulation, the rate of adoption by retail and institutional investors, and technological developments. Because unknown future events can affect the price, it is impossible to make a precise 1inch price prediction.
What is the highest price of 1inch in EUR?
1inch price history shows that 1inch has recorded a peak value of NaN €.
What is the lowest price of 1inch in EUR?
Kriptomat data confirms that NaN € is the lowest recorded 1inch value.
What is the current price of 1inch in EUR?
1inch is available for immediate purchase at Kriptomat. The current price is 0 €.
How can I buy 1inch?
You can consult an expert to tell you how to buy 1inch. However, it’s fast and easy to buy 1inch with the Kriptomat app. 1inch is available for immediate purchase at the current 1inch price quote of 0 €. Current prices are always displayed in the 1inch chart.
How much 1inch should I buy?
If you’re purchasing tokens to use an app or play a game, explore the website and see how much you’ll need. If you’re acquiring 1inch as an investment, take a look at your financial goals, your investment fund, and your portfolio. Smart investors build portfolios of 10 or more cryptocurrencies, balancing factors like anticipated growth rates, volatility, market niche, and more.
Can I purchase 1inch using someone else’s bank account?
No. You must be the account holder in order to initiate a SEPA bank transfer and purchase 1INCH on Kriptomat.
Is 1inch easy to sell?
Though it can be difficult to bring yourself to part with any cryptocurrency, Kriptomat has made it as simple as possible to sell your 1INCH whenever you so choose – 24 hours a day, 7 days a week, 365 days a year.