Cryptocurrency exchange

Injective Protocol Price INJ Price and Live Chart

inj coin price

Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower. Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Injective Protocol 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. If you’re considering a purchase, take a moment to check out Kriptomat’s Recurring Buy program. This innovative portfolio-building service allows you to schedule automatic purchases on a weekly, bi-weekly, or monthly schedule.

It has moved by -29.14% in the past week and is currently at $5.62. The long term sentiment, however, remains bullish and INJ could hit $3.65 in 2024. With the continued growth of capital in the crypto market, Injective could reach a maximum price of $27.44 in 2026 with an average price of $25.72.

Injective Monthly Returns (USD)

Because unknown future events can affect the price, it is impossible to make a precise forecast. Injective Protocol’s price quote is based on transactions taking place at each exchange. The trading volume and liquidity are different for each exchange, and those differences affect the price. The market capitalization of Injective Protocol is equal to the value of Injective Protocol multiplied by the number of INJ in circulation.

  • The price of Injective is expected to reach a maximum price of $10.29 in 2023.
  • It was followed by the price correction that pulled the asset off to $10.9.
  • As AI continues to revolutionize various industries, AI-focused cryptocurrencies have emerged as potential game-changers.
  • You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

Coupled with smart contracts capabilities, any developer can build complex applications with cutting-edge protocols. Built with Cosmos-SDK, Injective utilizes a Tendermint-based Proof-of-Stake (PoS) consensus mechanism to achieve instant transaction finality while sustaining lightning-fast speeds. Injective is being traded on 7 cryptocurrency exchanges, including Binance and KuCoin. If you wish to purchase INJ, check our guide on how to buy Injective in 6 steps. Injective (INJ) currently ranks 88 among all known cryptocurrency assets.

Injective Protocol (INJ)

In this article, we will explore five AI coins that have the potential to transform investors’ financial lives. Injective price today is $ 5.69 with a 24-hour trading volume of $ 477.51M, market cap of $ 455.59M, and market dominance of 0.04%. If you want to get started with the fastest, easiest trading experience on the market, register with Kriptomat today and begin your journey into the world of Injective Protocol and crypto investing. Injective’s mission is to create a truly free and inclusive financial system through decentralization.

inj coin price

This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely. INJ is the native token of Injective Protocol, a blockchain protocol optimized for trading assets across different blockchains. It specializes in tokenized derivatives, including stock tokens – cryptocurrencies pegged to the price of stocks like Apple and Google. It is impossible to predict what Injective Protocol will be worth in five years.

Where can I buy Injective Protocol (INJ) token token?

Investing is speculative and when you invest money, your entire capital is at risk. You should do your own research before investing in any company or product. By 2025, our price prediction forecasts that Injective (INJ) could be worth $27.44. Below you can see the Injective hourly, daily, weekly and monthly price predictions. These predictions aim to give you an indication of what Injective will be worth in one hour, today, tomorrow, over the next week and next month. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies.

Injective protocol has implemented several features that allow it to achieve this goal. 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.

Injective (INJ) Price Prediction

Investors could see INJ reaching a maximum price of $38.87 by 2028 followed by a minimum price of $35.44. In 2025, we expect Injective to see impressive growth as crypto gains recognition across many business sectors. As a result, the price could reach as high as $21.72, averaging around $20.01.

  • Like any other crypto platform, they do have security measures in place.
  • Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
  • So if the price falls below $5.25, we may see the price go even lower.
  • Injective Protocol (INJ) is currently trading within a range of $5.25 to $5.71, with these levels serving as key support and resistance levels.
  • There’s no need to consult an expert to tell you how to buy Injective Protocol.

It is used for governance, derivatives collateralization and is needed for integrating protocol security, market maker, and relayer incentives. The live Injective Protocol 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. Injective Protocol (INJ) is currently trading within a range of $5.25 to $5.71, with these levels serving as key support and resistance levels. The first major resistance level for INJ is at $5.71, and if the price manages to break above this level, the next resistance levels to watch out for are $6.35 and $6.75.

Injective (INJ) Price Predictions 2023 – 2031

The token rose to a high of $25.01 on April 30, 2021, just as the crypto market swelled to an all-time high. The token’s price was volatile for the rest of 2021 but trended downward. INJ slumped even further in May 2022, when it fell to lows of $1.55. As most of the assets went up in October hitting new heights, the INJ token also started to gain the price after falling to $8 on September 21. By October 19 the coin reached $13.6, then was corrected to $10.3 and sustained around $13.5 till the beginning of December.

Can Injective Protocol reach $100 dollars?

Can Injective Protocol reach $100? Yes, Injective Protocol could reach $100 by the end of 2025.

The native decentralized exchange utilizes certain technological innovations to provide fast speed, improved security, and decentralization. The crypto market is known to be highly volatile, predicting future price points of Injective is a difficult task and many other factors influence the price. As a result, the predictions on our website should not be taken as financial advice and you should do your own research. Consult your financial advisor before making any investment decisions. The current price of Injective is $5.72 and it is currently ranked #75 out of all cryptocurrencies. The amount of supply currently in circulation for Injective is 80,005,555 with a total market capitalization of $458,554,521.

Which coin is the best for future?

  1. Bitcoin (BTC) Market cap: Over $550 billion.
  2. Ethereum (ETH) Market cap: Over $ 220 billion.
  3. Tether (USDT)
  4. Binance Coin (BNB)
  5. XRP (XRP)
  6. Cardano (ADA)
  7. Solana (SOL)
  8. Polkadot (DOT)

Leave a Reply

Your email address will not be published. Required fields are marked *