Injective Protocol (INJ) Market Cap Reaches $1.55 Billion

Injective Protocol (INJ) traded 6.2% lower against the U.S. dollar during the one day period ending at 13:00 PM Eastern on August 5th. Injective Protocol has a market capitalization of $1.55 billion and $269.78 million worth of Injective Protocol was traded on exchanges in the last 24 hours. Over the last week, Injective Protocol has traded 35.4% lower against the U.S. dollar. One Injective Protocol token can now be bought for approximately $15.95 or 0.00029258 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• 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.
• Kitty Inu (KITTY) traded 1.9% higher 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.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 4% against the dollar and now trades at $0.0119 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 6.9% against the dollar and now trades at $0.0646 or 0.00000119 BTC.

About Injective Protocol

Injective Protocol’s launch date was October 17th, 2020. Injective Protocol’s total supply is 100,000,000 tokens and its circulating supply is 97,122,752 tokens. The Reddit community for Injective Protocol is https://reddit.com/r/injective and the currency’s Github account can be viewed here. The official website for Injective Protocol is injective.com. Injective Protocol’s official Twitter account is @injective_ and its Facebook page is accessible 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 U.S. dollars. Investors seeking to trade Injective Protocol should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Injective Protocol using one of the aforementioned exchanges.

INJ/USD price chart by TradingView