Cryptocurrency Injective Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Injective (CRYPTO: INJ) has seen a price decrease of 3.16% in the past 24 hours, continuing a week-long downward trend of 9.0%. Trading volume has decreased by 4.0%, and the circulating supply has slightly decreased by 0.11%. The current market cap ranking for INJ is #46 at $2.24 billion.
July 31, 2024 | 3:02 pm
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Injective (INJ) has experienced a 3.16% price drop in the past 24 hours, continuing a 9.0% decline over the past week. Trading volume has decreased by 4.0%, and the circulating supply has slightly decreased by 0.11%. The market cap is currently $2.24 billion, ranking #46.
The continued downward trend in price, along with decreased trading volume and a slight decrease in circulating supply, suggests a bearish sentiment in the short term for INJ. The market cap ranking and overall market conditions further support this analysis.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100