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Injective Price Prediction 2024 – 2030: Will INJ Price Reclaim $50 This Year?

1M ago
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The post Injective Price Prediction 2024 – 2030: Will INJ Price Reclaim $50 This Year? appeared first on Coinpedia Fintech News

Story Highlights

  • The live price of the Injective token is  $ 23.78355728
  • Injective (INJ) price could hit a high of $57.66 by the end of the year 2024.
  • With a potential surge, the INJ’s price may record a high of $181.18 during the year 2030.

Launched in November 2021, alongside a $120 Million incentive program called Astro. The Injective Protocol plays an important role in the Artificial Intelligence (AI) category. Moreover, the Injective (INJ) price has gained significant attention from the crypto industry after the AI boom.

With a market cap of $2.163 Billion, a circulating supply of 93,400,000 INJ tokens, and a total supply of 100 Million INJ tokens. The Injective project has successfully secured a spot in the top 50 cryptocurrencies by market cap.

Are you curious about Injective’s roadmap of reclaiming $50 this year? Are you also planning to stack these tokens? Fear not and dive in as we explore the feasible Injective price prediction from the year 2024 up till 2030 and the years to come.

Injective Overview:

CryptocurrencyInjective
TokenINJ
Price  $ 23.78355728 red -1.02%
Market Cap $ 2,221,384,249.9942
Circulating Supply 93,400,000.0000
Trading Supply $ 69,725,300.7135
All-time High$52.75 on 14th March 2024
All-time Low$0.6557 on 03rd November 2020
24 High $ 24.7000
24 Low $ 22.7900

Injective Price Prediction May 2024

The INJ price traded in a consolidated range between $30.55 and $43.35 for the first two months. This indicated a weak price action for the altcoin in the crypto market. However, as the volatility in the market grew, the bulls regained momentum and surged 72.66% in valuation.

This resulted in the Injective (INJ) token recording a new all-time high (ATH) of $52.75 on 13th March. After this, the bulls lost momentum and since then, the price has been trading under a bearish trend, resulting in the price recording a correction of 56.13% in its portfolio.

On the other hand, the Simple Moving Average (SMA) records a bullish crossover in the chart, suggesting the price will experience a significant price action in the coming time.

Injective Price Prediction 2024
TradingView: INJ/USDT

The technical indicator, MACD, displays a constant green histogram in the 1D time frame, indicating a bullish sentiment in the crypto space. Moreover, the averages show a bullish convergence, suggesting a positive outlook for the Injective price in the coming time.

If the market holds the price above the support level of $23.36, the bulls will regain momentum and prepare to test its upper resistance level of $30.55 this month. However, bearish price action may pull the price toward its lower support level of $18.50 during the upcoming weeks.

INJ Price Prediction 2024

Suppose, the Injective project releases significant updates during the upcoming months. This could result in the altcoin attempting to retest its ATH of $52.75 and possibly conclude the year with a new ATH of $57.66.

On the contrary, if a strong bearish reversal occurs in the crypto market, the INJ price would lose momentum and plunge toward its low of $15.12. With this, the average trading price of Injective could settle at $36.39 for the year 2024.

Injective Price Prediction 2024 – 2030

Price PredictionPotential Low ($)Average Price ($)Potential High ($)
202415.1236.3957.66
202536.8451.3465.85
202648.2269.7491.27
202763.1790.41117.66
202880.99105.73130.47
202996.36124.49152.63
2030118.18149.63181.18

INJ Price Prediction 2025

With a strong bullish year ahead, The Injective price is prepared to experience a robust bullish price action during the year 2025. Furthermore, increased adoption and newer technological updates could lead the INJ price to test a new all-time high of $65.85 during the year.

However, bearish price action could result in the Injective (INJ) price plunging toward its yearly low of $36.84. With this, the average trading price of an INJ token could settle at $51.34.

INJ Crypto Price Prediction 2026

According to forecast prices and technical analysis, INJ’s price may reach a minimum of $48.22 in 2026. The maximum price could hit $91.27, with an average trading price of around $69.74.

Injective (INJ) Price Prediction 2027

Looking forward to 2027, the Injective’s price may reach a low of $63.17, with a high of $117.66, and an average forecast price of $90.41.

Injective Crypto Price Prediction 2028

In 2028, the price of a single INJ is anticipated to reach a minimum of $80.99, with a maximum of $130.47 and an average price of $105.73.

INJ Coin Price Prediction 2029

By 2029, INJ’s price is predicted to reach a minimum of $96.36, with the potential to hit a maximum of $152.63, and an average of $124.49.

Injective Price Prediction 2030

In 2030, Injective is predicted to touch its lowest price at $118.18, hitting a high of $149.63 and an average price of $181.18.

Market Analysis

Firm Name202420252030
Wallet Investor$52.194$82.802
priceprediction.net$30.61$43.20$299.31
DigitalCoinPrice$49.52$56.13$174.48

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s Injective (INJ) Price Prediction 2024

With the completion of the 4th Bitcoin Halving, the crypto market has officially entered the bull market. Moreover, the recent bullish price action has reflected a high potential during the upcoming time in both short-term and long-term perspectives.

As per CoinPedia’s formulated Injective (INJ) Price Prediction, if the price sentiments favor the bulls, the INJ price will continue trading under a bullish influence, prepare to retest its all-time high, and potentially achieve a new ATH by achieving a possible high of $57.66 this year.

Conversely, if new stricter regulation is implemented on the crypto market. In this case, the Injective (INJ) price will prepare to test its lows of $15.12 by the year-end. With this, the average of the INJ price could land at $36.39 for the year 2024.

FAQs

What will be the maximum price of the Injective token by the end of 2024?

Suppose the crypto market continues to trade under a bullish sentiment. The Injective price may reach a high of $57.66 by the year-end.

Can Injective reach $100?

The trading price of an Injective token is $23.61. For this altcoin to reach $100, it has to record a surge of 323.54% in valuation.

How high will the INJ price reach by the year 2025?

The Injective (INJ) price may reach a high of $65.85 by the end of the year 2025.

Is Injective (INJ) an AI coin?

Yes, Injective is an Artificial Intelligence (AI) coin.

What will be the minimum and maximum price of Injective (INJ) price by the year 2030?

With a constant rise in the adoption and applications of cryptocurrencies and blockchain technology across various industries. The Injective price may record a maximum of $181.18 and a minimum of $118.18 during the year 2030.

What is the value of 1 Injective token?

At the time of writing, the price of 1 INJ token was $23.61.

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