Injective Protocol Price Down 8.5% Over Last 7 Days (INJ)

Injective Protocol (INJ) traded 3% higher against the US dollar during the 24 hour period ending at 7:00 AM Eastern on October 20th. During the last week, Injective Protocol has traded down 8.5% against the US dollar. One Injective Protocol token can now be bought for approximately $8.82 or 0.00007960 BTC on cryptocurrency exchanges. Injective Protocol has a total market cap of $881.44 million and $93.16 million worth of Injective Protocol was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 3.4% higher against the dollar and now trades at $110,862.93 or 1.00088749 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.8% higher against the dollar and now trades at $108,522.08 or 0.99620786 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Injective Protocol

Injective Protocol’s genesis date was October 17th, 2020. Injective Protocol’s total supply is 100,000,000 tokens and its circulating supply is 99,970,935 tokens. The Reddit community for Injective Protocol is https://reddit.com/r/injective and the currency’s Github account can be viewed here. Injective Protocol’s official website is injective.com. Injective Protocol’s official Twitter account is @injective_ and its Facebook page is accessible here.

According to CryptoCompare, “The Injective project aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like Binance, Pantera and Hashed.The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem.”

Buying and Selling Injective Protocol

It is usually not possible to buy alternative cryptocurrencies such as Injective Protocol directly using U.S. dollars. Investors seeking to acquire Injective Protocol should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Injective Protocol using one of the aforementioned exchanges.

INJ/USD price chart by TradingView