Injective Protocol (INJ) Hits Market Capitalization of $2.24 Billion

Injective Protocol (INJ) traded 0% higher against the US dollar during the 1-day period ending at 23:00 PM ET on May 5th. During the last week, Injective Protocol has traded down 6.5% against the US dollar. One Injective Protocol token can currently be purchased for $24.00 or 0.00037577 BTC on cryptocurrency exchanges. Injective Protocol has a total market capitalization of $2.24 billion and $68.64 million worth of Injective Protocol was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 0.5% higher against the dollar and now trades at $0.30 or 0.00000472 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.1% higher against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Injective Protocol Profile

Injective Protocol launched on October 17th, 2020. Injective Protocol’s total supply is 100,000,000 tokens and its circulating supply is 93,400,000 tokens. The official website for Injective Protocol 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, “Injective is a blockchain platform built for finance that provides developers with a decentralized orderbook and offers instant transaction finality. Its ecosystem is focused on providing an excellent user experience and empowering individuals by facilitating unrestricted access to financial tools and services.”

Buying and Selling Injective Protocol

It is usually not currently possible to buy alternative cryptocurrencies such as Injective Protocol directly using US dollars. Investors seeking to trade Injective Protocol should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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