Injective (INJ) Market Update
Injective is currently trading at $4.82, reflecting recent volatility in the cryptocurrency market. The token has experienced a pullback over the past 24 hours, declining 3.93% in daily trading activity.
Price Performance
INJ's recent price action shows mixed signals across different timeframes:
- 1-hour change: -0.48%
- 24-hour change: -3.93%
- 7-day change: +4.89%
The weekly gain of 4.89% indicates some recovery momentum despite the short-term decline, suggesting underlying support for the asset.
Market Metrics
Injective maintains a market capitalization of approximately $481.6 million, with a fully diluted valuation at the same level given its fully circulated supply. The token has a total and available supply of 100 million INJ.
Trading volume stands at $28.96 million over the past 24 hours, indicating moderate liquidity in the market.
Risk Assessment
The token carries a risk score of 53.37 out of 100, placing it in the moderate risk category. Its liquidity score of 47.30 reflects adequate but not exceptional trading depth, while volatility remains relatively contained at 8.77.
Network Presence
Injective maintains active presence across multiple blockchain networks, including Ethereum, Cosmos, Binance Smart Chain, Secret Network, Osmosis, and Terra 2, with corresponding contract addresses enabling cross-chain functionality.