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Injective INJ

Injective Price (INJ)
$28.54
0.42% Buy INJ Now

0.0089 ETH

0.0004 BTC

Buy INJ Now
Low: $28.11
High: $29.23
24h
Market Cap
$2,665,433,367
0.42%
Fully Diluted Market Cap
$2,853,783,049
0.42%
Volume
24h
$81,318,965
0.87%
Volume / Market Cap
0.0305
Circulating Supply
93,400,000 INJ
Max Supply
--
Total Supply
100,000,000

Injective (INJ) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

1.23%

Joined at Aug 23, 2022

Following

3

0.00%

Tweet count

1

0.00%

Injective reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Injective (INJ) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Injective telegram
Telegram Stats
Visit Telegram

Members

0.56%

Title

Injective

Injective traffic
Website Traffic
Visit Website

Website Rating (DR)

69 / 100

1.47%

Ahrefs Rank

123,795

9.83%

Organic Traffic (mo.)

13,212

30.66%

Injective github
GitHub Organization
Visit GitHub

Public repos

Created at Oct 29, 2018

Type

Organization

Injective github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Injective (INJ) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 13,220

Members: 31,127


Live INJ Price Analysis

The current real time Injective price is $28.54, and its trading volume is $81,318,965 in the last 24 hours. INJ price has grew by 0.42% in the last day, and increased by 18.61% in the last 7 days. It’s important to note that current Injective market capitalization is $2,665,433,367, Talking about circulating supply, INJ has 93,400,000 coins. Currently, Injective rank on the market is #44.

Injective price today is 21.00% below all time high, and it is 6,818.03% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling INJ are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is Injective Protocol (INJ)?

INJ is the native token of the Injective protocol developed by Injective Labs. Check out the price chart above, if you’re interested in the current INJ price.

Injective is an interoperability protocol that is created specifically for DeFi applications that are compatible with Ethereum. It allows users to trade in various DeFi markets as well as develop them. This includes trading perpetual and futures contracts, crypto assets, synthetics assets, and any other types of assets.

The trades using the Injective protocol have instant finality and don’t have any gas fees. Besides, Injective supports cross-chain trading, which means that users can trade their assets across different blockchains.

A central limit order book is the core of the Injective's trading system. A limit order book displays the number of limit orders that are currently open at each price level. It provides users with transparency but at the same time gives them a simple-to-use interface and quick transaction speeds.

Besides trading, Injective also allows users to develop decentralized applications (dApps). Because of the Injective’s interoperability with Ethereum, developers can create cross-chain dApps using tools based on Ethereum. They are qualified to get developer rewards for doing so.

The consensus mechanism employed by the Injective protocol is a Tendermint-based Proof-of-Stake (PoS) algorithm. How does it work? Simply put, a random node from a validator set is chosen for every period. The following block must then be proposed by that node. The chain is immediately updated and the new block is added if other validators approve of it. In order to become node validators, users have to stake INJ tokens.

In order to be as informed as possible, check out the Injective Protocol price history and trends on the graph above.

The Founders of Injective Labs

Injective Labs was founded by Eric Chen and Albert Chon. Eric Chen not only has extensive knowledge of blockchain-based protocols but also has a deep understanding of conventional banking. He was a trader and cryptographic researcher at a significant crypto fund before he founded Injective.

Albert Chon has a degree in computer science. He developed an ERC-1178 token standard, which is widely adopted by many projects. Prior to co-founding Injective Labs, Chon worked as a full stack software engineer at Linc Global and as a software development engineer at Amazon.

The Purpose of INJ Tokens

INJ is the utility and governance token of the Injective protocol. The Injective token is stored on the Ethereum network as an ERC-20 token. The following are the main use cases of Injective coins:

  • Governance. INJ holders are able to vote on various decisions considering the future development of the Injective protocol.
  • Security. INJ tokens are used to reward PoS consensus mechanism node validators for their participation in securing the Injective protocol.
  • Collateral derivatives backing. The INJ tokens can be used to provide collateral for margin trading. This allows users to access the derivatives market at Injective.
  • Market maker rewards. Market makers, who assist in establishing liquidity on the DEX trading platform, are compensated with fees collected from Injective exchange users.
  • Staking. INJ tokens can be staked to receive up to 12% yearly returns.

Tokenomics of INJ

INJ tokens are deflationary because they have a max supply of 100 million tokens. 31,67% of the total supply was dedicated to the Binance Launchpad, seed, and private sales. The remaining portion was split between the team and advisors, as well as ecosystem development and community growth funds.

If you intend to purchase Injective coins, keep in mind that the INJ price is subject to change. This occurs because the volatility of the entire crypto market has an impact on the Injective price, just like it does on the pricing of other digital assets.

So, if you're interested in purchasing this digital asset, don't forget to check the graph above.

What's Injective trading volume in the last 24 hours?

INJ has a trading volume of $81,318,965 in the last 24 hours.

What's Injective highest price ever?

INJ has a highest price of $36.12, which was reached on Apr 08, 2024 (2 weeks 1 day ago).

What's Injective lowest price ever?

INJ has a lowest price of $0.4125, which was reached on Dec 11, 2022 (1 year 4 months ago).

What are the best exchanges for buying and selling INJ?

Currently, the most active and dominating exchanges for buying and selling Injective are Binance, Kraken & Kucoin. The most popular Injective trading pairs are INJ/USDT (on Binance ), INJ/USD (on Coinbase ), INJ/USDT (on Gate.io ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping INJ?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Injective. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Injective project's Circulating Supply has been verified and is equal to:

Circulating Supply

93,400,000 INJ

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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