Injective (INJ) Crypto
Injective (INJ) Crypto
Injective (INJ) is a financial-focused blockchain. It serves as a foundational layer for a variety of DeFi applications, such as decentralized exchanges for spot and derivatives trading, prediction markets, and lending platforms.
It has a live market capitalization of $1.78 Billion and ranks 45th in the cryptoverse. The transaction volume has surged to $206 million a day. out of 100 Million total supply, 93.40 Million INJ tokens are presently in circulation.
The daily INJ/USD chart highlights that Injective crypto price has been in a long term downtrend and has since mid June after the bulls failed to reclaim a bullish territory above the 200 day Exponential moving average.
Currently, the crypto has made a breakdown of the short term consolidation near the $20 level indicating a bearish continuation on the charts.
Injective (INJ) is a financial-focused blockchain. It serves as a foundational layer for a variety of DeFi applications, such as decentralized exchanges for spot and derivatives trading, prediction markets, and lending platforms.
It has a live market capitalization of $1.78 Billion and ranks 45th in the cryptoverse. The transaction volume has surged to $206 million a day. out of 100 Million total supply, 93.40 Million INJ tokens are presently in circulation.
The daily INJ/USD chart highlights that Injective crypto price has been in a long term downtrend and has since mid June after the bulls failed to reclaim a bullish territory above the 200 day Exponential moving average.
Currently, the crypto has made a breakdown of the short term consolidation near the $20 level indicating a bearish continuation on the charts.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.