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As the second week for crypto trading began, the market slammed the bullish hopes of traders after bringing remarkable surges for over the past few weeks. Major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana's SOL, along with other significant altcoins, were hit by bearish volatility and opened in a downtrend.
This week, the Injective (INJ) price increase culminated with a new yearly high of $23.29.
Despite the crypto industry recording a significant correction in value with a drop of almost 4% within the past 24 hours, the INJ price has displayed a massive jump of over 18% in value, resulting in the price recording a new yearly high.
The crypto industry has regained its lost momentum as the market has recorded a notable run this year. Top cryptocurrencies have repeatedly recorded new yearly highs, highlighting a rising adoption in the crypto space.
INJ recorded a double-digit price growth following OKX listing and the completion of its weekly burn. The coin has seen an uptick in demand in the last week.
The Injective price has turned out to be one of the top gainers of the industry this year by recording a massive price, resulting in the price adding over 1310% in its value YTD. Following the price pump in October, the INJ price gained significant movement in its value.
Truflation, the “independent” and “unbiased” provider of verifiable economic data and indexes, is thrilled to announce its integration with innovative layer1 blockchain Injective to “provide data feeds for the pricing of real-world assets (RWAs) across the Injective ecosystem.
This week, the cryptocurrency market faced substantial turbulence, driven by Binance's legal challenges. With a hefty $4 billion settlement and the resignation of CEO Changpeng Zhao amid accusations of violating U.S. anti-money laundering laws, the industry witnessed significant disruptions.
The cryptocurrency market has experienced significant volatility this week, largely influenced by Binance's recent legal turmoil. The saga includes a massive $4 billion settlement and the consequential resignation of CEO Changpeng Zhao, following charges of violating U.S. anti-money laundering laws.
Injective has integrated SPL tokens to allow bridging from Solana. SOL's volume decreased, while INJ's price has the potential to increase.
AI and big data crypto tokens have embarked on a recovery campaign shortly after former OpenAI CEO Sam Altman's layoff impacted their combined market valuation.
As the crypto bull market continues to develop, certain altcoins are leading the way. Kaspa, Fantom, and Injective are generally always at the forefront.
The enthusiasts of Cryptocurrencies are as usual keeping watch for ingenious blockchain ventures, and one that has been in the headlines is Injective (INJ). In this article, from the origin, facts about it, and price trends to future predictions, we will dig into the complexities of Injective.
The Injective (INJ) hackathon with a prize pool of $100,000 is ongoing until Dec. 12.
These three top performing cryptos have truly been among the biggest upside assets in recent weeks, and could continue this momentum.
As part of CoinDesk's Trading Week 2023, presented by CME Group, Injective Labs co-founder and CEO Eric Chen joins "First Mover" to share some insights into some of the strategies for DeFi traders, including 64% saying they trade on both a centralized and decentralized exchange. Injective says the data was collected from hundreds of traders contacted via multiple channels.
The market participants have turned optimistic about the crypto markets nowadays. Interestingly, a small shift of focus is witnessed from the star crypto, Bitcoin, which is more or less stagnant.
TruBit stands as Latin America's most comprehensive cryptocurrency ecosystem under the banner of Galactic Holdings. The focal point of TruBit Pro, a cryptocurrency exchange platform that caters to seasoned traders, extends beyond spot trading and derivatives.
The Injective (INJ) team announced a new integration with the Binance wallet on Wednesday.
Several cryptocurrencies related to artificial intelligence surged in value after AI research company OpenAI announced new products and capabilities on Tuesday, Nov. 7, then went red as the market slumped.
These altcoins have bullish-looking formations and could reach new all-time highs in November.
The post Injective (INJ) Price Surges To 2-Year High – But Can The Rally Continue? appeared first on Blockonomi.
In recent days, AI-related cryptocurrencies have experienced a comeback in buying interest after the early 2023 pump due to ChatGPT. The Injective coin, in particular, has caught the eye of the market with its breakthrough past monthly resistance marks, currently trading at levels not seen in over two years.
XRP, Injective (INJ), eCash (XEC), Hedera (HBAR) , and the Graph (GRT) are all altcoins that have interesting developments lined up in November, which could affect their price.
