Injective Protocol (INJ) Achieves Market Cap of $1.56 Billion

Injective Protocol (INJ) traded up 5.5% against the US dollar during the twenty-four hour period ending at 13:00 PM ET on February 14th. In the last week, Injective Protocol has traded 13.2% higher against the US dollar. Injective Protocol has a market capitalization of $1.56 billion and approximately $102.75 million worth of Injective Protocol was traded on exchanges in the last 24 hours. One Injective Protocol token can now be bought for about $15.76 or 0.00015951 BTC on popular exchanges.

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

• 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 up 1.2% 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 2% higher against the dollar and now trades at $97,695.34 or 0.98878425 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.2% against the dollar and now trades at $97,165.04 or 0.98341703 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Injective Protocol

Injective Protocol launched on 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 Twitter account is @injective_ and its Facebook page is accessible here. Injective Protocol’s official website 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.

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.”

Buying and Selling Injective Protocol

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

INJ/USD price chart by TradingView