Injective Protocol (INJ) Tops 24-Hour Trading Volume of $108.12 Million

Injective Protocol (INJ) traded up 12% against the US dollar during the 1-day period ending at 13:00 PM Eastern on March 14th. One Injective Protocol token can now be purchased for about $10.12 or 0.00011989 BTC on cryptocurrency exchanges. In the last seven days, Injective Protocol has traded down 13.6% against the US dollar. Injective Protocol has a total market cap of $1.00 billion and approximately $108.12 million worth of Injective Protocol was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Taiko (TAIKO) traded up 0.9% against the dollar and now trades at $0.64 or 0.00000759 BTC.
• 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 2.2% lower 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 up 1.2% 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 up 5.3% against the dollar and now trades at $84,571.77 or 1.00197502 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.7% higher against the dollar and now trades at $83,649.24 or 0.98801045 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 98,970,935 tokens. Injective Protocol’s official website is injective.com. Injective Protocol’s official Twitter account is @injective_ and its Facebook page is accessible here. The Reddit community for Injective Protocol is https://reddit.com/r/injective and the currency’s Github account can be viewed 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.”

Injective Protocol Token Trading

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

INJ/USD price chart by TradingView