Injective Overview

The current live price of the Injective (INJ) token is $25.74588301. By the end of 2024, INJ’s price could potentially reach $57.66. Looking further ahead, by 2030, it could surge to a high of $181.18. Launched in November 2021 with a $120 million incentive program named Astro, Injective Protocol is a notable player in the AI category. The token has gained significant attention in the crypto industry, especially after the AI boom.

Injective boasts a market cap of $2.163 billion and a circulating supply of 93,400,000 INJ tokens out of a total supply of 100 million. This has helped the project secure a place among the top 50 cryptocurrencies by market cap.

Injective Price Prediction for June 2024

Currently, INJ trades within a range of $23.36 to $30.55, showing weak price action over the past two months. However, the token has seen an increase of 2.33% in the last day, 14.77% over the past week, and 17.14% in the past 30 days. A potential Golden Cross indicated by the Cross EMA 50/200-day in the 1D time frame suggests a possible bullish reversal soon.

Detailed Price Predictions for 2024

The MACD technical indicator shows a consistent green histogram in the 1D time frame, indicating increased buying pressure. If the bulls can push the price above $30, INJ may gain momentum to test its upper resistance at $36.35. Conversely, a bearish reversal could see the price drop to its support level of $23.36.

For 2024, significant updates from the Injective project could drive the price to retest and possibly exceed its all-time high (ATH) of $52.75, potentially reaching $57.66 by year-end. However, in the event of a market downturn, the price could fall to a low of $15.12, with an average trading price of $36.39.

Long-Term Price Predictions (2025-2030)

- 2025: With positive market sentiment and technological advancements, INJ could hit a high of $65.85. A bearish trend could lower the price to $36.84, with an average of $51.34.

- 2026: Forecasts suggest a minimum price of $48.22 and a maximum of $91.27, averaging around $69.74.

- 2027: INJ could see a low of $63.17 and a high of $117.66, averaging $90.41.

- 2028: The price might range from $80.99 to $130.47, with an average of $105.73.

- 2029: Predictions indicate a low of $96.36, a high of $152.63, and an average of $124.49.

- 2030: By 2030, INJ might reach a minimum of $118.18 and a maximum of $181.18, with an average of $149.63.

Market Analysis

Various firms have provided their predictions:

- Wallet Investor: $52.194 (2024), $82.802 (2025)

- priceprediction.net: $30.61 (2024), $43.20 (2025), $299.31 (2030)

- DigitalCoinPrice: $49.52 (2024), $56.13 (2025), $174.48 (2030)

FAQs

- Maximum price by 2024: $57.66

- Can INJ reach $100?: Requires a 323.54% increase from the current price.

- High for 2025:$65.85

- Is INJ an AI coin?: Yes

- 2030 price range: $118.18 - $181.18

- Current value of 1 INJ: $23.61