Could you please clarify for me, does the cryptocurrency Injective Protocol have a predefined maximum supply limit? I'm interested in understanding if there's a fixed quantity of Injective tokens that can ever exist, or if its supply can potentially grow indefinitely. It would be helpful to know if this maximum supply, if it exists, is set in the project's protocol or governance structure. Thank you for your assistance in this matter.
6 answers
Pietro
Fri May 24 2024
Additionally, BTCC provides futures trading, enabling traders to speculate on the future price movements of INJ. This service offers leveraged trading opportunities and can potentially amplify profits or losses.
Ilaria
Fri May 24 2024
The live market capitalization of INJ, calculated by multiplying the current price with the total number of coins in circulation, stands at $22.8 million USD. This figure offers a snapshot of the token's overall worth in the market.
GeishaCharm
Fri May 24 2024
Regarding INJ's supply, it currently has a circulating supply of 92.15 million coins. This represents the total number of tokens that are currently in active use and trading on various exchanges.
Nicola
Fri May 24 2024
Notably, INJ has a maximum supply of 100 million tokens. This figure represents the upper limit of the total number of INJ tokens that will ever be created. It provides investors with a sense of scarcity and potential future growth.
MatthewThomas
Fri May 24 2024
The price of Injective's INJ token has experienced a subtle increase of 0.09% within the past hour. However, compared to yesterday's valuation, it has declined by -2.99%. This fluctuation reflects the dynamic nature of the cryptocurrency market.