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

Published on January 15, 2024 by admin

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

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Over the past 24 hours, the price of Injective (INJ) has risen 3.86% to $39.85. 

INJ Price Chart | Source: Coinstats

 

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). 

INJ Price And Volatility

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

See Also: Dormant Ethereum (ETH) Wallet Wakes Up After Over 8 Years

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%. 

INJ Circulating Supply And Trading Volume

 

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.

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