Injective Protocol (INJ) Hits Market Cap of $1.53 Billion

Injective Protocol (INJ) traded down 5.4% against the US dollar during the one day period ending at 11:00 AM ET on February 22nd. Injective Protocol has a market capitalization of $1.53 billion and $119.69 million worth of Injective Protocol was traded on exchanges in the last 24 hours. In the last week, Injective Protocol has traded 3.2% higher against the US dollar. One Injective Protocol token can now be purchased for approximately $15.42 or 0.00015959 BTC on major cryptocurrency exchanges.

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

• Taiko (TAIKO) traded down 0.9% against the dollar and now trades at $1.04 or 0.00001078 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 down 1.8% against the dollar and now trades at $96,489.11 or 0.99839611 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2% against the dollar and now trades at $96,037.54 or 0.99372362 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, “Injective is a layer-1 blockchain designed for decentralised finance, offering pre-built modules and interoperability for advanced financial applications. INJ, its native token, supports governance, staking, and transaction fees. Developed by Injective Labs, the platform also integrates AI capabilities for autonomous and data-driven applications.”

Injective Protocol Token Trading

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

INJ/USD price chart by TradingView