Coinspeaker
Injective (INJ) Price Reaches Another All-Time High after Nearly 3000% Increase in 2023
The price of crypto asset Injective (INJ) has seen an impressive explosion in 2023, surging almost 3000% in the process. The rapid price rise has also brought the asset to new all-time highs ATH as it continues to trade in greens. Recall that the asset recently reached a $34.64 ATH on December 15 before retracing its steps.
Injective (INJ) Price History
The price of Injective has embarked on a wild uptrend since the start of 2023. As seen in the image below, INJ was still trading at $1.27 at the start of the year. Its trading volume at the time was also around $4.5 million.
Today, however, INJ was seen trading at $39.28 on CoinMarketCap, signalling an over 2992% price increase year-to-date, and an over 32% increase in the last 24 hours.
For what it’s worth, it appears that the sky-high prices are being driven by a massive increase in futures trading volumes and leverage. However, some
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