Injective Protocol Market Capitalization Hits $334.00 Million (INJ)

Injective Protocol (INJ) traded down 3.6% against the U.S. dollar during the one day period ending at 19:00 PM E.T. on March 18th. Injective Protocol has a total market capitalization of $334.00 million and $63.57 million worth of Injective Protocol was traded on exchanges in the last 24 hours. During the last seven days, Injective Protocol has traded up 48.3% against the U.S. dollar. One Injective Protocol token can currently be purchased for about $4.58 or 0.00016976 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 6.1% lower against the dollar and now trades at $0.41 or 0.00001515 BTC.
• Aidi Finance (BSC) (AIDI) traded up 2.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 1% lower against the dollar and now trades at $0.0673 or 0.00000247 BTC.
• CareCoin (CARES) traded 1% lower against the dollar and now trades at $0.0835 or 0.00000306 BTC.
• OmniaVerse (OMNIA) traded up 32.4% against the dollar and now trades at $0.0011 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded down 1% against the dollar and now trades at $99.81 or 0.00366148 BTC.
• FEG Token (FEG) traded 1% lower against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded 0.4% lower against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded down 1% against the dollar and now trades at $7,254.49 or 0.26612955 BTC.
• Lego Coin (LEGO) traded 22.1% higher against the dollar and now trades at $0.0171 or 0.00000064 BTC.

Injective Protocol Token Profile

Injective Protocol’s launch date was October 17th, 2020. Injective Protocol’s total supply is 100,000,000 tokens and its circulating supply is 73,005,554 tokens. The official website for Injective Protocol is injective.com. Injective Protocol’s official Twitter account is @injective_ and its Facebook page is accessible here. The Reddit community for Injective Protocol is https://reddit.com/r/injective and the currency’s Github account can be viewed here.

According to CryptoCompare, “The Injective Protocol project aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like [Binance](https://coinmarketcap.com/exchanges/binance/), [Pantera](https://www.panteracapital.com/) and [Hashed](https://www.hashed.com/).
The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem.”

Injective Protocol Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Injective Protocol directly using U.S. dollars. Investors seeking to acquire Injective Protocol should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Injective Protocol using one of the aforementioned exchanges.

INJ/USD price chart by TradingView