Investors could see INJ reaching a maximum price of $38.87 by 2028 followed by a minimum price of $35.44. In 2025, we expect Injective to see impressive growth as crypto gains recognition across many business sectors. As a result, the price could reach as high as $21.72, averaging around $20.01.

• This graph contains dummy data, create an account to view the real predictions.
• Injective (INJ) currently ranks 88 among all known cryptocurrency assets.
• Lastly, there are Injective Futures which is a peer to peer protocol which makes perpetual swaps possible, and supports CFD trading.

In this article, we will explore five AI coins that have the potential to transform investors’ financial lives. Injective price today is $ 5.69 with a 24-hour trading volume of $ 477.51M, market cap of $ 455.59M, and market dominance of 0.04%. If you want to get started with the fastest, easiest trading experience on the market, register with Kriptomat today and begin your journey into the world of Injective Protocol and crypto investing. Injective’s mission is to create a truly free and inclusive financial system through decentralization.

What is the current price of INJ tokens?

Injective protocol has implemented several features that allow it to achieve this goal. In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

The token rose to a high of $25.01 on April 30, 2021, just as the crypto market swelled to an all-time high. The token’s price was volatile for the rest of 2021 but trended downward. INJ slumped even further in May 2022, when it fell to lows of $1.55. As most of the assets went up in October hitting new heights, the INJ token also started to gain the price after falling to $8 on September 21. By October 19 the coin reached $13.6, then was corrected to $10.3 and sustained around $13.5 till the beginning of December.

How is the price of Injective Protocol calculated?

Coupled with smart contracts capabilities, any developer can build complex applications with cutting-edge protocols. Built with Cosmos-SDK, Injective utilizes a Tendermint-based Proof-of-Stake (PoS) consensus mechanism to achieve instant transaction finality while sustaining lightning-fast speeds. Injective is being traded on 7 cryptocurrency exchanges, including Binance and KuCoin. If you wish to purchase INJ, check our guide on how to buy Injective in 6 steps. Injective (INJ) currently ranks 88 among all known cryptocurrency assets.

Because unknown future events can affect the price, it is impossible to make a precise forecast. Injective Protocol’s price quote is based on transactions taking place at each exchange. The trading volume and liquidity are different for each exchange, and those differences affect the price. The market capitalization of Injective Protocol is equal to the value of Injective Protocol multiplied by the number of INJ in circulation.

How do I get Injective Protocol tokens?

The native decentralized exchange utilizes certain technological innovations to provide fast speed, improved security, and decentralization. The crypto market is known to be highly volatile, predicting future price points of Injective is a difficult task and many other factors influence the price. As a result, the predictions on our website should not be taken as financial advice and you should do your own research. Consult your financial advisor before making any investment decisions. The current price of Injective is $5.72 and it is currently ranked #75 out of all cryptocurrencies. The amount of supply currently in circulation for Injective is 80,005,555 with a total market capitalization of $458,554,521.

Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower. Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Injective Protocol chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering. If you’re considering a purchase, take a moment to check out Kriptomat’s Recurring Buy program. This innovative portfolio-building service allows you to schedule automatic purchases on a weekly, bi-weekly, or monthly schedule.

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It is used for governance, derivatives collateralization and is needed for integrating protocol security, market maker, and relayer incentives. The live Injective Protocol exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly https://cryptolisting.org/coin/inj/followers in a short period. Injective Protocol (INJ) is currently trading within a range of $5.25 to $5.71, with these levels serving as key support and resistance levels. The first major resistance level for INJ is at $5.71, and if the price manages to break above this level, the next resistance levels to watch out for are $6.35 and $6.75.

• Cashing out INJ tokens is possible through any of the major exchanges of your choice.
• This means that the government can’t cause inflation – devaluation of the currency – by firing up the printing presses.
• Before buying any cryptocurrency, it’s worth doing your homework.
• Many people find that small regular purchases are a great way to save funds for retirement or a major purchase with money they would otherwise spend thoughtlessly.