Cryptocurrency Injective Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Injective (CRYPTO: INJ) has seen a 3.09% price drop in the past 24 hours, despite a 17% increase over the past week. Trading volume has risen 37% while circulating supply decreased slightly. The current market cap is $2.55 billion, ranking it #42.
July 22, 2024 | 7:02 pm
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NEGATIVE IMPACT
Injective (INJ) has experienced a 3.09% price drop in the past 24 hours, contrasting with a 17% increase over the past week. Trading volume has increased by 37%, while the circulating supply has slightly decreased.
The recent 3.09% price drop in Injective (INJ) within 24 hours indicates a short-term negative sentiment, despite the positive performance over the past week. The increase in trading volume suggests heightened market activity, but the slight decrease in circulating supply may not be enough to counteract the immediate price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100