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Injective

Injective Price INJ

AUD
A$4.71
-A$0.027575 -0.58%
1D7D1M3M1Y YTD All

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Injective Today's Price

The real-time price of Injective today is A$4.71(INJ/AUD), with a market capitalization of A$466.69M AUD. The 24-hour trading volume is A$74.73M AUD. The price of INJ to AUD updates in real time. Over the past 24 hours, Injective has changed by -0.58%, with a circulating supply of 99.97M.

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About Injective

What Is Injective (INJ)?

Developed with the financial sector in mind, Injective is a blockchain platform. Financing protocols, crypto trading decentralized apps (dApps) including spot and derivative markets, and environmental sustainability are all supported by an eco-friendly and interoperable layer 1 blockchain.

Giving anyone the tools they need to create their own app is fundamental to Injective’s philosophy. Applications can take advantage of its fundamental financial infrastructure primitives, such as an on-chain order book that is completely decentralized and impervious to MEVs. In addition, the whole financial markets ecosystem is completely on-chain, including spot, perpetual, futures, and options.

Constructed using the Cosmos SDK, Injective prioritizes interoperability, allowing for smooth communication with other IBC chains and, via Wormhole, expanding its interoperability to chains outside of the Cosmos ecosystem, such as Ethereum, Solana, Klaytn, and others.

How Does Injective Work?

Anyone interested in operating a node can do so on Injective, a public blockchain. To facilitate various DeFi uses, it integrates an interoperable smart contract compatibility mechanism, a Proof-of-Stake consensus process based on Tendermind, and so on.

What Is INJ Token?

One of the many functions performed by Injective’s native utility token, INJ, is staking on the PoS network, participating in token burn auctions, and facilitating governance within the ecosystem.

With INJ serving as collateral to motivate validator conduct, one of the main goals of the network is to be secured by staking. Staking INJ allows participants to earn rewards for their contributions to the network’s stability and security.

As a utility token, INJ is also used across the ecosystem and the wider Web3 finance realm. For instance, INJ can be traded for other assets or utilized as security in a DeFi loan platform. All across the Injective ecosystem, it’s utilized to pay for transactions as well.

Yet, INJ serves as a governance token as well, giving holders a say in network proposals in addition to financial transactions. guaranteeing that every member of the community has an equal opportunity to influence the direction the network takes in the future.

Why Use INJ?

Traders using decentralized exchanges who want to pay lower gas fees while enjoying the efficiency of an order book model and the transparency of a decentralised exchange may find the Injective Protocol valuable.

Investors looking to earn income on their tokens may also find value in delegating their INJ to validators on the Injective Protocol to capture a portion of the INJ rewards.

The Injective Protocol may also be of interest to developers looking to build more efficient blockchain applications while still utilising their trusted toolkits and programming languages.

How to buy INJ?

The easiest way to buy INJ is through a crypto exchange like BTCC. BTCC makes purchasing INJ easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first INJ purchase, register with BTCC today!

 

 

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Injective FAQ

Why is Injective going up?

Injective's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.

 

Is Injective a promising investment based on its price history?

Injective(INJ) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.

When will Injective crash again?

Predicting the exact timing of a Injective crash is impossible, as the market is influenced by a lot of factors, such as global economics, regulation, and investor sentiment.

For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.

What was Injective’s all-time low (ATL)?

The Injective All-Time Low (ATL) price was 0.65567454, recorded on 2020-11-03 16:15. This represents the lowest price for Injective(INJ) on record.

 

 

What was Injective’s all-time high (ATH)?

The Injective All-Time High (ATH) was A$75.20, which was recorded on 2024-03-14 15:05, representing the highest price Injective has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live INJ price for the most up-to-date information.

How many Injective are there?

Injective(INJ) currently records a circulating supply of 99.97M, and its maximum supply is capped at ∞.

 

What is the current market cap of Injective(INJ)?

The current market cap of Injective(INJ) is A$466.69M. The market cap of a cryptocurrency means its total circulating supply multiplied by its current price.

What is Injective's 24h trading volume?

Injective's 24h trading volume is A$74.73M, representing the total value of all Injective(INJ) bought and sold across exchanges over the past 24 hours.

What is the current price of Injective(INJ)?

The current Injective price is A$4.71. As the INJ price fluctuates constantly, BTCC provides real-time INJ to USD prices that can be accessed at the top of our crypto price page.

How to Buy Injective: A Complete Guide?

Injective can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a famous crypto futures exchange, BTCC offers over 360 futures contracts with flexible leverage of up to 500x, including INJUSDT.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.