Cryptocurrency Injective Falls More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Injective (CRYPTO: INJ) has seen a price decrease of 6.99% in the past 24 hours, continuing a week-long downward trend of 17.0%. Trading volume has increased by 117.0% over the past week, while circulating supply has decreased by 0.54%. The current market cap ranking for INJ is #50 at $1.85 billion.
July 05, 2024 | 7:02 pm
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Injective (INJUSD) has experienced a significant price drop of 6.99% in the past 24 hours, continuing a week-long decline of 17.0%. Despite the price drop, trading volume has surged by 117.0%, indicating increased market activity. The circulating supply has slightly decreased by 0.54%, and the market cap stands at $1.85 billion, ranking it #50.
The significant price drop of 6.99% in the past 24 hours and a 17.0% decline over the past week indicate a bearish trend for Injective (INJUSD). The increased trading volume suggests heightened market activity, but the overall sentiment remains negative due to the price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100