Ethereum

Injective

<a href="https://bitcoinworld.co.in/price-analysis-injective-inj-rises-more-than-3-in-24-hours/" title="Price Analysis: Injective (INJ) Rises More Than 3% In 24 Hours" rel="nofollow"></a>
Over the past 24 hours, the <a href="https://coinstats.app/coins/injective-protocol/">price</a> of Injective (INJ) has risen 3.86% to $39.85.&nbsp; 
<figure id="attachment_62577" aria-describedby="caption-attachment-62577" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-62577" src="https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-Chart-2-483x300.png" alt="" width="552" height="343" srcset="https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-Chart-2-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-Chart-2.png 760w" sizes="(max-width: 552px) 100vw, 552px">
 <figcaption id="caption-attachment-62577" class="wp-caption-text">
 INJ Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
This is contrary to it’s negative trend over the past week where Injective (INJ) has experienced a 6.0% loss, moving from $41.94 to its current price. As it stands right now, the coin’s all-time high is $45.01. 
The chart below compares the price movement and volatility for Injective over the past 24 hours (left) to its price movement over the past week (right).&nbsp; 
<figure id="attachment_62594" aria-describedby="caption-attachment-62594" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-62594" src="https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-And-Volatility-2-563x300.webp" alt="" width="724" height="386" srcset="https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-And-Volatility-2-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-And-Volatility-2-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-And-Volatility-2-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-And-Volatility-2-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-And-Volatility-2-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Price-And-Volatility-2.webp 1920w" sizes="(max-width: 724px) 100vw, 724px">
 <figcaption id="caption-attachment-62594" class="wp-caption-text">
 INJ Price And Volatility
 </figcaption>
</figure> 
&nbsp; 
The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements.&nbsp; 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/dormant-ethereum-eth-wallet-wakes-up-after-over-8-years/" aria-label="“Dormant Ethereum (ETH) Wallet Wakes Up After Over 8 Years” (Edit)">Dormant Ethereum (ETH) Wallet Wakes Up After Over 8 Years</a> 
The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. 
The trading volume for the coin has tumbled 53.0% over the past week while the circulating supply of the coin has risen 0.22%.&nbsp; 
<figure id="attachment_62593" aria-describedby="caption-attachment-62593" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-62593" src="https://bitcoinworld.co.in/wp-content/uploads/INJ-Circulating-Supply-And-Trading-Volume-2-563x300.webp" alt="" width="672" height="358" srcset="https://bitcoinworld.co.in/wp-content/uploads/INJ-Circulating-Supply-And-Trading-Volume-2-563x300.webp 563w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Circulating-Supply-And-Trading-Volume-2-938x500.webp 938w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Circulating-Supply-And-Trading-Volume-2-1125x600.webp 1125w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Circulating-Supply-And-Trading-Volume-2-768x410.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Circulating-Supply-And-Trading-Volume-2-1536x819.webp 1536w, https://bitcoinworld.co.in/wp-content/uploads/INJ-Circulating-Supply-And-Trading-Volume-2.webp 1920w" sizes="(max-width: 672px) 100vw, 672px">
 <figcaption id="caption-attachment-62593" class="wp-caption-text">
 INJ Circulating Supply And Trading Volume
 </figcaption>
</figure> 
&nbsp; 
This brings the circulating supply to 84.73 million. According to our data, the current market cap ranking for INJ is #29 at $3.38 billion. 
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote> 
The post <a href="https://bitcoinworld.co.in/price-analysis-injective-inj-rises-more-than-3-in-24-hours/">Price Analysis: Injective (INJ) Rises More Than 3% In 24 Hours</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Price Analysis: Injective (INJ) Rises More Than 3% In 24 Hours

ItsBitcoinWorld

Other articles published on Jan 15, 2024

Apple’s San Diego Team Faces Tough Choice: Relocate or Terminate

Institutional Interest in DeFi Expected to Rise in 2024, Says Fidelity

Top 5 DeFi tokens to supercharge your portfolio in 2024, AVAX, LINK, MGLS, AAVE, INJ

Discover SpaceCatch – The Web3 Game that Offers It All and a Little Bit More

DOGE and SHIB Price Analysis for January 15

Deciphering the Pattern: News Events and Bitcoin’s Price Movements

Join our free newsletter for daily crypto updates!