Injective

Wednesday

April

<div class="coinjournal">
 <ul>
 <li>Injective (INJ) price surged by nearly 10% as it hit an intraday high of $18.24.</li>
 <li>The gains came as OKX added support for INJ on its spot markets and the community burned more than $65k worth of INJ.</li>
 <li>INJ price is just 28% off its all-time high of $24.89 reached in April 2021.</li>
 </ul>
 Injective (INJ) price surged on Thursday as positive catalysts helped bulls break above recent resistance levels. The INJ token reached intraday highs of $18.24, soaring nearly double digits on the day as buyers pushed for the all-time high above $20.
 <h2 id="span-style-font-weight-400-okx-lists-inj-burn-auction-continues-span">OKX lists INJ, burn auction continues</h2>
 OKX added support for Injective (INJ) on November 30, opening deposits for INJ/USDT at 6 am UTC. The token opened for spot trading at 10 am UTC.
 The Injective team also announced that the community burned $65,000 worth of tokens (3,986.52 INJ), adding to the weekly burns that have been carried out every Wednesday since mainnet launch in 2021. The weekly burn accounts for 60% of all dApps fees.
 <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
 3/ Yesterday, over $65,000 worth of $INJ was burned 🔥 pic.twitter.com/b59ZKHlx0c
 — Injective 🥷 (@Injective_) November 30, 2023
 </blockquote>
 
 With today’s gains, which came after the <a rel="noopener noreferrer nofollow" title="latest" href="https://thebittimes.com/tag/latest.html">latest</a> burn action and <a rel="noopener noreferrer nofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a> of INJ for spot trading by <a rel="noopener noreferrer nofollow" title="Crypto exchange" href="https://thebittimes.com/tag/crypto-exchange.html">Crypto exchange</a> OKX, its likely further upside could bring the ATH of $24.89 reached in April 2021 into view. That <a rel="noopener noreferrer nofollow" title="Price" href="https://thebittimes.com/tag/price.html">Price</a> is now just 28% away, going by the <a rel="noopener noreferrer nofollow" title="Price" href="https://thebittimes.com/tag/price.html">Price</a> of $18.06 at the time of writing.
 Injective has soared more than 18% in the past week and 37% over the past month. The <a rel="noopener noreferrer nofollow" title="Price" href="https://thebittimes.com/tag/price.html">Price</a> of the layer-1 blockchain’s native token has skyrocketed 940% since hitting new lows a year ago. Trading volume rose 56% in the past 24 hours to over $128 million.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/injective-surges-after-latest-burn-auction-and-okx-listing-tbt72237.html">https://thebittimes.com/injective-surges-after-latest-burn-auction-and-okx-listing-tbt72237.html</a>

Injective surges after latest burn auction and OKX listing

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TheBitTimes

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