Injective Protocol Price Hits $8.30 on Exchanges (INJ)

Injective Protocol (INJ) traded flat against the US dollar during the 24-hour period ending at 11:00 AM ET on May 25th. Over the last seven days, Injective Protocol has traded flat against the US dollar. Injective Protocol has a market cap of $362.49 million and $17.36 million worth of Injective Protocol was traded on exchanges in the last day. One Injective Protocol coin can currently be purchased for about $8.30 or 0.00017893 BTC on popular exchanges.

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

• BITCOIN ADDITIONAL (BTCA) traded 2.4% higher against the dollar and now trades at $29,723.92 or 0.99987437 BTC.
• Binance USD (BUSD) traded down 0.1% against the dollar and now trades at $1.00 or 0.00003362 BTC.
• Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
• Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
• DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
• DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
• Dai (DAI) traded down 0.1% against the dollar and now trades at $1.00 or 0.00003363 BTC.
• THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
• Polygon (MATIC) traded up 3% against the dollar and now trades at $0.65 or 0.00002176 BTC.
• yOUcash (YOUC) traded 0% higher against the dollar and now trades at $0.50 or 0.00001682 BTC.

Injective Protocol Coin Profile

Injective Protocol (CRYPTO:INJ) is a coin. It was first traded on October 17th, 2020. Injective Protocol’s total supply is 100,000,000 coins and its circulating supply is 43,653,971 coins. Injective Protocol’s official Twitter account is @InjectiveLabs. Injective Protocol’s official website is injectiveprotocol.com. 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 Protocol 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 Coin Trading

It is usually not presently 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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Injective Protocol using one of the aforementioned exchanges.