Cryptocurrency Injective Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Injective (CRYPTO: INJ) has seen a 3.69% price drop in the past 24 hours, contrasting with its 6.0% gain over the past week. Trading volume has decreased by 26.0%, and the circulating supply has fallen by 0.19%. The current market cap ranking for INJ is #47 at $2.23 billion.
June 28, 2024 | 3:02 pm
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NEGATIVE IMPACT
Injective (INJ) has experienced a 3.69% price drop in the past 24 hours, despite a 6.0% gain over the past week. Trading volume has decreased by 26.0%, and the circulating supply has fallen by 0.19%.
The recent 3.69% price drop in Injective (INJ) within 24 hours, coupled with a significant decrease in trading volume (26.0%) and a slight reduction in circulating supply (0.19%), suggests a short-term negative impact on the asset. Despite the positive trend over the past week, the immediate decline indicates potential volatility and investor caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100