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The Injective (INJ) price increase led to a new all-time high of $34.64 on December 15.

The crypto industry has experienced significant price volatility in recent times as top tokens have been constantly recording pumps and corrections in their respective value. On the other hand, the INJ price has recorded a jump of over 7% in value, making it one of the top gainers of the day.

The AI trend has taken a significant leap forward in 2023, reshaping our understanding of what's possible. As we delve into 2024, these advancements are not just theoretical; they're practical, influential, and deeply intertwined with various sectors, notably cryptocurrencies.

Crypto Price Prediction: After witnessing a strong recovery for the past 8 weeks, the crypto market pauses to recuperate the exhausted bullish momentum. This post-rally correction is evident with the Bitcoin price reverting from $44,500 trying to stabilize to a recent gain.

Investor focus shifts to Bonk, Injective, and Celestia as they outshine established coins with record highs.

Injective Protocol (INJ) is a decentralized finance (DeFi) protocol designed to provide its users with permissionless trading capabilities in various derivative markets. Its protocol is built on Cosmos SDK and the Tendermint consensus protocol, these two components being the fundamental pillars of Injective's decentralized operation.

In the world of cryptocurrencies, altcoins are becoming more popular, especially as many of them are on the rise and showing better performance than the leading cryptocurrency, Bitcoin. Among the standout altcoins recently are Avalanche, Bonk, and Solana.

Injective (INJ) price has done well this year, making it one of the top-performing cryptocurrencies in the world. On Thursday, the token surged to a high of $34, which was over 2,550% above its lowest level in 2022. The surge has brought its total market cap to over $2.

In addition to TIA, INJ, and NEON, other tokens have also demonstrated noteworthy performance.

In an exhilarating turn of events, the cryptocurrency market has seen a remarkable surge as investors react to the Federal Reserve's momentous decision to uphold unchanged interest rates following the Federal Open Market Committee (FOMC) meeting. This decision, though widely anticipated, has triggered an impressive uptick across various cryptocurrencies, notably impacting Bonk (BONK), Injective (INJ), and BitTorrent (BTT).

In an intriguing move, a popular DeFi token, Injective, experienced a massive rally. It was believed to be a result of positive market sentiment, as they had shifted from being neutral to greedy as the Bitcoin price resumed its upswing.

With the token touching $31.35 early on Friday, the injective (INJ) price formed a new all-time high, suggesting that it has recovered all of its losses. In the cryptocurrency industry, altcoins are gaining traction because most of them have started to rise and are outperforming the leading cryptocurrency, Bitcoin.

Bitcoin has bounced back, trading above $43,000 as more people are jumping back in after a phase of taking profits. Not just Bitcoin, but some other cryptocurrencies are doing even better today, especially BONK, INJ, and HNT.

Thor Hartvigsen, a data-driven decentralized finance (DeFi) researcher, is questioning the appeal of Injective Protocol, a layer-1 platform whose creators say is designed to expressly power finance. As of December 2023, INJ, the native currency of Injective Protocol, is one of the top-performing coins, surpassing Bitcoin (BTC) and Ethereum (ETH).

Injective Protocol Price Prediction: INJ crypto has hit a new all-time high. I expect bullish continuation if price flips $25 into support.

Injective, an AI-backed interoperable blockchain optimized for DeFi applications, appears to be portraying noteworthy gains within the crypto space today, December 14. With INJ's horizon amassing bullish sentiments globally, the token is emerging as one of the leading AI-based digital currencies within the crypto landscape.

Crypto Price Prediction: The Federal Reserve decision to keep interest rates unchanged at the end of the two-day Federal Open Market Committee (FOMC) meeting on Wednesday. Although the outcome of the meeting was expected, remarks by the Fed chair, Jerome Powell, regarding when rate cuts were expected were a positive gesture.

Today, the Injective (INJ) price increase culminated with a new all-time high price of $32.20.

As the star crypto gained momentum, the whole crypto space followed in its footsteps and recorded significant price jumps. On the other hand, the dominance of altcoins is on the rise, indicating an increase in funds inflow in the crypto industry.

The Cosmos ecosystem shows remarkable performance despite the overall market downward. Like many altcoins, it is on the rise.

The world's largest crypto exchange Binance on Wednesday said it is launching new spot trading pairs and Trading Bots services for some crypto trading pairs. The crypto exchange plans to launch zero-fee trading for crypto such as Shiba Inu (SHIB), Injective (INJ), and The Sandbox (SAND).

In a remarkable turn of events, the Injective (INJ) token has witnessed an astounding surge, breaking past its previous all-time high (ATH). On December 12 night, INJ jumped to an ATH of $27.05 before slightly pulling back to $24.04 at the time of writing.

Injective Protocol's INJ token has recently hit a new all-time high of $27.02. However, it appears that the market is currently in a phase of rest and consolidation, with investors cautiously hopeful yet reluctant to drive prices much higher at the moment.

Injective was up by more than 20% in the last 24 hours alone, but its market indicators were bearish.