Injective Protocol 1-Day Trading Volume Reaches $17.36 Million (INJ)

Injective Protocol (INJ) traded flat against the dollar during the twenty-four hour period ending at 20:00 PM ET on April 18th. One Injective Protocol coin can now be bought for approximately $8.30 or 0.00017893 BTC on popular exchanges. In the last week, Injective Protocol has traded flat against the dollar. Injective Protocol has a market cap of $362.49 million and approximately $17.36 million worth of Injective Protocol was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed in the last day:

  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00002448 BTC.
  • Polygon (MATIC) traded 5.5% higher against the dollar and now trades at $1.42 or 0.00003474 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Dai (DAI) traded up 0% against the dollar and now trades at $1.00 or 0.00002450 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.
  • Chainlink (LINK) traded up 1.6% against the dollar and now trades at $14.02 or 0.00034355 BTC.
  • FTX Token (FTT) traded down 3.4% against the dollar and now trades at $43.36 or 0.00106253 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.

Injective Protocol Coin Profile

INJ is a coin. Its genesis date was October 17th, 2020. Injective Protocol’s total supply is 100,000,000 coins and its circulating supply is 43,653,971 coins. 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 website is injectiveprotocol.com. Injective Protocol’s official Twitter account is @InjectiveLabs.

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. “

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 acquire Injective Protocol should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Injective Protocol using one of the aforementioned exchanges.

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