Cryptocurrency Injective Decreases More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Injective (INJ) experienced a 5.22% decrease in price over the last 24 hours, now at $49.05, despite a 25% increase over the past week. The trading volume has risen by 23%, while the circulating supply slightly decreased by 0.13%, leading to a current market cap of $4.33 billion, ranking it #35.
March 13, 2024 | 7:03 pm
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Injective (INJ) has seen a significant price fluctuation, with a 5.22% decrease in the last 24 hours but a 25% increase over the past week. The trading volume has increased by 23%, and the circulating supply has slightly decreased.
The short-term price decrease of 5.22% in INJUSD, despite a weekly gain, indicates a potential volatility in the asset's price. The increase in trading volume alongside a slight decrease in supply suggests a heightened market activity that could influence future price movements. Given the asset's recent performance and market cap ranking, these factors are critical for investors focusing on short-term movements.
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IMPORTANCE 90
RELEVANCE 100