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Author Topic: 1inch exchange next dex and beat shushiswap  (Read 83 times)
udayantha11 (OP)
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2023 would most likely be as bearish as 2022


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February 14, 2021, 06:00:53 AM
 #1

I am very confident that 1inch will be massive. they can take over marketcap of shushi swap as well in next 6 weeks. how about your thoughts?

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-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

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February 14, 2021, 06:54:02 AM
 #2

1INCH is also a promising project. I don't want to compare it with other like-dex projects just like Uniswap or Sushiswap.
Just like Sushiswap, which Sushiswap is forked from Uniswap project. I just find these DEX are alternatives with the same function.
And in that way, a lot of users will start to try it with a lot of choices. This is my fundamental analysis for 1INCH.

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February 14, 2021, 07:32:27 AM
 #3

Maybe.
1INCH's trade volume as of now still less than half of sushiswap's and it gonna take some time for sure. But, with 1INCH airdrop like before it's like catalyst that speed up the increase of user base and maybe it could shorten the time required to get its trade volume as high as sushiswap but that's only if they keep doing the airdrop which I believe none of us know whether they really gonna create another airdrop or not.


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btcltcdigger
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February 14, 2021, 07:38:56 AM
 #4

I am very confident that 1inch will be massive. they can take over marketcap of shushi swap as well in next 6 weeks. how about your thoughts?

I certainly hope you're right. I just got a nice airdrop from them, and would be very happy to see the value of that aidrop multiply 5x Cheesy
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February 14, 2021, 08:26:48 AM
 #5

I am very confident that 1inch will be massive. they can take over marketcap of shushi swap as well in next 6 weeks. how about your thoughts?

But so far the pancake swap grow up out of nowhere and more than double the volume 1inch have and is growing the fastest from all dexes while being first non-ETH dex. you know why? Because ETH dexes reached its max. Due to high ETH fees ETH dexes are not able to scale any more. 1inch can grow only stealing customers from other aggregators.

Everything has its use case that its best for. ETH was not made to be a platform that process load from big DEXes, high-frequency trading and constant arbitraging to different trading pairs/different liquidity pools etc. Without ETH-2.0 all ETH dexes will sooner or later lose with BSC dexes because ETH is not made to hold the load that is needed to further develop technology and further acquisition of active users.

More and more projects are wrapping tokens to BSC, so ETH DEXes are fighting for a smaller and smaller cake.
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February 14, 2021, 08:44:26 AM
 #6

1inch is an excellent defi, indeed one of the best, indeed it can be said that it is an aggregator, and with its token chi we can save on fees / gas, then the 1inch token airdrop, there are all the conditions that can scale peaks of the ranking
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February 14, 2021, 10:20:49 AM
 #7

I am very confident that 1inch will be massive. they can take over marketcap of shushi swap as well in next 6 weeks. how about your thoughts?
I'm not sure about that conside sushi already backed by FTX and we know that if FTX is very popular at this moment consider binance is one of investor on FTX. The development of sushi swap is very active too and it's quite difficult for 1inch to surpass sushi swap.
I may think 1nch will become the 3rd largest swap service in the cryptocurrency after sushi and uni. There's no need to compete with another swap consider the volume of crypto is increasing a lot from day to the day.

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February 14, 2021, 11:03:07 AM
 #8

I am very confident that 1inch will be massive. they can take over marketcap of shushi swap as well in next 6 weeks. how about your thoughts?
It is becoming known with the help of Binance and it is also profitable because recently they've given airdrop just like Uniswap.
And with what I have seen, they are generous with the amount as long as you are eligible.

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February 14, 2021, 11:11:52 AM
 #9

I also think so, because the demand for using dex is huge, after the success of defi, many people will love and use the dex more. I see that 1inch is showing up as one of the major coins in the future, clearly looking at how they build and operate, I believe the competition among dex is huge, as there are many others in the market. And there is another great thing for 1inch users about their airdrop, they are indeed very generous.

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February 14, 2021, 11:44:37 AM
 #10

I am very confident that 1inch will be massive. they can take over marketcap of shushi swap as well in next 6 weeks. how about your thoughts?
As far as I know Sushiswap has a staking feature for a lot of tokens, whereas 1inch is just a regular DEX and it will be hard to catch up with Sushiswap.

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