Injective Protocol (INJ) Price Hits $8.30 on Exchanges

Injective Protocol (INJ) traded flat against the U.S. dollar during the twenty-four hour period ending at 11:00 AM ET on August 6th. During the last seven days, Injective Protocol has traded flat against the U.S. 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. One Injective Protocol coin can currently be purchased for approximately $8.30 or 0.00017893 BTC on popular exchanges.

Here’s how other cryptocurrencies have performed during the last day:

  • BITCOIN ADDITIONAL (BTCA) traded 0.8% higher against the dollar and now trades at $23,206.15 or 1.00000000 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00004310 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Dai (DAI) traded down 0% against the dollar and now trades at $1.00 or 0.00004307 BTC.
  • Polygon (MATIC) traded 1.3% higher against the dollar and now trades at $0.92 or 0.00003955 BTC.
  • Mammoth (MMT) traded down 0.1% against the dollar and now trades at $0.84 or 0.00003621 BTC.
  • yOUcash (YOUC) traded up 0% against the dollar and now trades at $0.51 or 0.00002203 BTC.
  • FTX Token (FTT) traded up 1.4% against the dollar and now trades at $30.69 or 0.00132263 BTC.
  • Chainlink (LINK) traded 1.8% higher against the dollar and now trades at $7.88 or 0.00033972 BTC.
  • Geegoopuzzle (GGP) traded 4.8% higher against the dollar and now trades at $15.81 or 0.00068146 BTC.

Injective Protocol Coin Profile

Injective Protocol (INJ) is a coin. It launched on October 17th, 2020. Injective Protocol’s total supply is 100,000,000 coins and its circulating supply is 43,653,971 coins. The official website for Injective Protocol is injectiveprotocol.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 @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. “

Injective Protocol Coin Trading

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

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