Cryptocurrency Injective Rises More Than 21% In 24 hours
Portfolio Pulse from Benzinga Insights
Injective (CRYPTO: INJ) has seen a significant increase of 21.42% in its price over the past 24 hours, reaching $39.31. Over the last week, INJ has gained 49.0%, with its all-time high being $39.87. The trading volume has increased by 26.0%, while the circulating supply slightly decreased by 0.02%, now at 84.26 million. INJ's market cap is currently ranked #27, valued at $3.28 billion.
December 19, 2023 | 3:01 pm
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Injective (INJ) has experienced a substantial price increase of 21.42% in the last 24 hours, and a 49% increase over the past week, with a current price of $39.31 and approaching its all-time high of $39.87.
The significant price increase of INJ over the past 24 hours and the past week indicates strong market momentum, which could attract more investors and potentially drive the price up in the short term. The increase in trading volume suggests heightened investor interest and activity, while the slight decrease in circulating supply could add to upward price pressure. However, as cryptocurrencies are highly volatile, the confidence level is not at the maximum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100