|1 Injective Protocol = 6.18 GBP||1 000 GBP = 161.70 INJ|
|100 Injective Protocol = 618.42 GBP||100 000 GBP = 16,170.15 INJ|
|Currently in circulation: 83,755,556 INJ||The maximum amount of INJ in circulation: 100,000,000|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current Injective Protocol price
|Current price||6.18 GBP / 7.54 USD / 7.13 EUR|
|Total market value||521,011,773 GBP / 635,232,897 USD / 601,025,724 EUR|
|Price change in the last 24h||-5.39%|
|Price change in the last 7 days||6.17%|
|Updated||Oct 03, 2023, 2.39 am|
In the last 24h, the price of the cryptocurrency Injective Protocol has decreased by 5.39%. Even though the currency price has been decreasing in the last 24h, the value of the digital currency Injective Protocol has increased by 6.17% within the last 7 days. Therefore, it cannot be said there is a long-term decreasing trend. The total market value of the cryptocurrency Injective Protocol as of Jan 12, 2022, is 635,232,897 USD (roughly 521,011,773 GBP), which makes it the 63th most valuable cryptocurrency in the world.
|Date||INJ/USD||Price in GBP||Change in 24h|
|Oct 02, 2023||7.51 USD|
|Oct 01, 2023||7.90 USD|
|Sep 30, 2023||7.69 USD|
|Sep 29, 2023||7.53 USD|
|Sep 28, 2023||7.24 USD|
|Sep 27, 2023||7.10 USD|
|Sep 26, 2023||7.08 USD|
|Sep 25, 2023||7.07 USD|
|Sep 24, 2023||6.93 USD|
|Sep 23, 2023||7.06 USD|
|Sep 22, 2023||7.15 USD|
|Sep 21, 2023||7.08 USD|
|Sep 20, 2023||7.49 USD|
|Sep 19, 2023||7.42 USD|
Frequently asked questions
1️⃣ What will be the price of Injective Protocol in a day/week/month?
Predicting the INJ price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is Injective Protocol worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not INJ is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.