1inch Token - currently undervalued and will pass UNI in price

[zeroknowledgeproofs]

Title says it all. 1INCH is currently the best platform to use right now when trading in the DeFi space. 1INCH exchange splits your orders among the top DEXs to reduce slippage in order to provide traders with the best possible prices. Right now 1INCH is hands down the best place to trade due to the lower fees compared to Uniswap. I believe for this reason its very undervalued and will be catching up to Uniswap in price over the coming weeks.


https://1inch.exchange/

https://coinmarketcap.com/currencies/1inch/

[Teraboy]

Im not sure about the low fees compared with uniswap and how is it possible? Both were using the same chain and as far as i know that if fees was the same and there's no differemt between UNI or 1inch.
I have been making a comparison between two tx that happened on UNI and 1inch.
There's only a very small gap. 

[Bitstar_coin]

I agree with @Teraboy, 1inch and uni are both on eth network and will both need gas for transaction and this gas cost will be high on both exchange, I also agree 1inch is a fast growing dex as uniswap which makes it competitive and also for that reason can push the price of 1inch higher.

[cotton ball]

1inch will have a big contribution to the dex exchange in the future, all that will change and competition will increase considerably because the dex exchange is currently increasingly busy trading, no matter what costs, investors continue to trade with so many transactions, no wonder the dex exchange will be continue to increase in time when there is a big competition.

[Tytanowy Janusz]

Title says it all. 1INCH is currently the best platform to use right now when trading in the DeFi space. 1INCH exchange splits your orders among the top DEXs to reduce slippage in order to provide traders with the best possible prices. Right now 1INCH is hands down the best place to trade due to the lower fees compared to Uniswap. I believe for this reason its very undervalued and will be catching up to Uniswap in price over the coming weeks.

Oh.. Shiller allert

From my experience uniswap uses way 10-30% less gas so is cheaper mostly thanks to this:

1INCH exchange splits your orders among the top DEXs to reduce slippage in order to provide traders with the best possible prices.

 
And high gas prices makes it useless. Uniswap has like 50% of volume. Most likely 50% of liquidity. Its enough to let you dump anything you want without slippage. It may be better to use 1inch with 100+ ETH transactions only.

[ije07]

How is it possible if trading on the 1 inch Platform is cheaper compared to Uniswap? Or am I the only one who would say that it is crazy, with expensive withdrawal fees and it is very sad to have altcoins listed there especially with a coin value of under $ 20 it can only cover the withdrawal fee. , I have compared the two. tried to make transactions on their platform but both require high fuel costs.

[Tytanowy Janusz]

Or am I the only one who would say that it is crazy,

No...you are not the only one... everyone above your post have said this. It only shows that you don't read before posting. Just posting for posting ... Nice...

especially with a coin value of under $ 20 it can only cover the withdrawal fee.

It doesn't matter how much a single coin cost.

[Samayuki]

Probably, I think the only decentralized finance that works are exchanges and data, others looks like bluffing and jokes, Uni is still standing strong though but 1inch token can catch up, it's a good token to hold most especially in this period

[Tytanowy Janusz]

Probably, I think the only decentralized finance that works are exchanges and data, others looks like bluffing and jokes, Uni is still standing strong though but 1inch token can catch up, it's a good token to hold most especially in this period

the problem is that ETH dexes reached its max. They will not scale anymore due to too high ETH fees. 1inch can grow only stealing customers from other aggregators. ETH DEXes compete for limited amount of trades. While... pancake swap (cheap BSC chain) just passed 1inch and Venus exchange volume and is now top3 DEX and CAKE is 2x cheaper than 1Inch (marketcap).



You want it or not. You like it or not. BSC (semi-centralized chain) dexes will soon overtake ETH dexes unless ETH will scale (ETH 2.0).

Devs are now wrapping their coins/tokens on BSC to be able to trade with 0.06 cents fee. No one is excited about uniswap listing anymore. Everyone is hyped to get on pancake.