Cryptocurrency Injective Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Injective (CRYPTO: INJ) has seen a 4.72% increase in price over the last 24 hours, reaching $34.11, despite a 9.0% decrease over the past week from $37.59. The coin's all-time high is $52.62. Trading volume has decreased by 14.0%, while the circulating supply has risen by 1.23% to 88.89 million, placing INJ's market cap at $3.02 billion and ranking it #44.
April 03, 2024 | 7:01 pm
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Injective (INJ) has experienced a 4.72% increase in price over the last 24 hours to $34.11, despite a weekly 9.0% decrease from $37.59. The trading volume has decreased by 14.0%, while the circulating supply has increased by 1.23% to 88.89 million.
The short-term increase in INJ's price, despite a decrease in trading volume and a recent downtrend, suggests a potential rebound or increased investor interest. The increase in circulating supply without a corresponding drop in price further indicates strong demand or positive market sentiment towards INJ.
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IMPORTANCE 90
RELEVANCE 100