Injective Protocol (INJ) Price Hits $11.85 on Major Exchanges

Injective Protocol (INJ) traded 0.7% lower against the dollar during the 1-day period ending at 14:00 PM E.T. on June 2nd. During the last week, Injective Protocol has traded down 13% against the dollar. One Injective Protocol token can now be bought for $11.85 or 0.00011345 BTC on major cryptocurrency exchanges. Injective Protocol has a market cap of $1.18 billion and $95.25 million worth of Injective Protocol was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
• Central African Republic Meme (CAR) traded up 5.6% against the dollar and now trades at $0.0574 or 0.00000055 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 0.4% lower against the dollar and now trades at $104,244.48 or 0.99787231 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.2% against the dollar and now trades at $104,170.46 or 0.99861278 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Injective Protocol Profile

Injective Protocol was first traded on October 17th, 2020. Injective Protocol’s total supply is 100,000,000 tokens and its circulating supply is 99,970,935 tokens. The official website for Injective Protocol is injective.com. The Reddit community for Injective Protocol is https://reddit.com/r/injective and the currency’s Github account can be viewed here. Injective Protocol’s official Twitter account is @injective_ and its Facebook page is accessible 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.”

Buying and Selling Injective Protocol

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