Cryptocurrency Injective's Price Increased More Than 17% Within 24 hours
Portfolio Pulse from Benzinga Insights
Injective (CRYPTO: INJ) saw a significant price increase of 17% in the last 24 hours, reaching $43.4, despite a 2% loss over the past week from $44.37. The coin's all-time high is $46.08. Trading volume dropped by 42%, while the circulating supply rose by 0.14% to 88.39 million, resulting in a market cap of $3.83 billion, ranking it #37.
March 07, 2024 | 3:01 pm
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Injective (INJ) experienced a 17% price increase to $43.4 over the last 24 hours, despite a weekly 2% loss. The trading volume decreased by 42%, while the circulating supply increased slightly.
The significant price increase of INJ over the past 24 hours, despite a decrease in trading volume and a slight increase in circulating supply, indicates strong market interest and potential for further gains. However, the recent weekly loss and volatility suggest caution.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100