INJ3LPrice(INJ3L)
Details INJ3L (INJ3L) Price information (USD)
The current real-time price of INJ3L is $0.0002. In the past 24 hours, INJ3L has traded between $0.0010 and $0.0010, showing strong market activity. The all-time high of INJ3L is $16.32720, and the all-time low is $0.0002.
From a short-term perspective, the price change of INJ3L over the past 1 hour is
INJ3L (INJ3L) Market Information
INJ3L (INJ3L) Today's Price
The live price of INJ3L today is $0.0002, with a current market cap of --. The 24-hour trading volume is 211K. The price of INJ3L to USD is updated in real time.
INJ3L (INJ3L) Price History (USD)
When is the right time to buy INJ3L? Should I buy or sell INJ3L now?
Before deciding whether to buy or sell INJ3L, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s INJ3L technical analysis can provide you with trading references.
Future price trend of INJ3L
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for INJ3L.
How much will INJ3L be worth tomorrow, next week, or next month in ? What about your INJ3L assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! INJ3L Price Prediction
How to buy INJ3L (INJ3L)
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INJ3L (INJ3L) FAQ
What is Injective (INJ)?
Injective is a lightning-fast, interoperable Layer-1 blockchain specifically optimized for building premier Web3 financial applications. It provides developers with powerful plug-and-play modules for creating decentralized applications (dApps) in finance. Injective is built with the Cosmos SDK and uses a Tendermint-based Proof-of-Stake (PoS) consensus mechanism, allowing for instant transaction finality and high speeds (10,000+ transactions per second). It supports cross-chain margin trading, derivatives, and forex futures trading.
What is the INJ token and what are its primary uses (utility)?
INJ is the native utility and governance token of the Injective ecosystem. Its primary uses include: governance through voting on protocol changes; staking to secure the network and earn rewards; payment for transaction fees, trading fees, and other network charges; use as collateral and liquidity in DeFi services; and participation in token burn auctions, which reduce the INJ supply.
What are the key features of Injective's tokenomics?
Injective's tokenomics are designed to be highly deflationary. A significant portion (60%) of all fees generated from dApps on Injective are regularly collected and burned through weekly auctions, steadily reducing the INJ supply over time. The recent INJ 3.0 upgrade (launched April 2024) further enhances this by dramatically increasing the rate of deflation and adjusting monetary policy in real-time based on network staking activity.
How does Injective differentiate itself from other Layer-1 blockchains?
Injective stands out due to its dedicated focus on finance and Web3 innovation. It is specifically built for DeFi applications, featuring an order book model that blends traditional finance efficiency with decentralized transparency. It offers native interoperability, being IBC-enabled and compatible with major Layer-1s like Ethereum, Solana, and Polygon, facilitating seamless asset transfers. Additionally, Injective aims for very low transaction fees, partly through features like Gas Compression.
Who are the founders and backers of Injective?
Injective was founded by Eric Chen and Albert Chin. It has received backing from prominent investors, including Jump Crypto, Pantera, and Mark Cuban.
How can one get started with Injective (INJ)?
To get started with Injective, users can create an Injective Wallet, often by connecting compatible wallets such as MetaMask. Next, acquire INJ tokens. Users can also bridge assets from other Layer-1 blockchains to Injective, and stake their INJ to help secure the network while earning passive returns.
