php Editor Zimo will reveal to you the historical highest and lowest prices of INJ coins. INJ coin is the token of Injective Protocol and a native token of decentralized exchanges. According to market data, the historical highest price of INJ coin reached XXX US dollars, while the historical lowest price was XXX US dollars. These data show the volatility of INJ coin prices and potential investment opportunities, but investment requires caution. It is recommended to make decisions after a detailed understanding of the market conditions and personal risk tolerance.
According to verifiable data, as of December 18, 2023, the INJ coin reached an all-time high price of $27.8263 on December 12, 2023, and had a historical low of 0.6588 on October 29, 2020. Dollar.
INJ token is Injective’s native utility token that can be used for multiple purposes, including protocol governance, dApp value capture, PoS security, developer incentives, and staking.
The destruction auction mechanism on Injective is very unique. Each week, 60% of all fees collected from dApps are auctioned through a buyback and burn mechanism. This mechanism causes the supply of INJ to decrease dramatically over time. The INJ burn auction is unique in that it helps accumulate value for the entire Injective ecosystem. In fact, Injective has the highest token burn rate in the industry.
Injective is a blockchain designed specifically for the financial industry. It is an open, interoperable first-layer blockchain. Its goal is to power the next generation of decentralized finance (DeFi) applications, such as decentralized spot and derivatives exchanges, prediction markets, and lending protocols.
Injective’s goal is to provide financial infrastructure primitives for DeFi applications, such as fully decentralized on-chain order books, to resist MEV. Additionally, all types of financial markets, including spot, perpetual, futures, and options, can be conducted entirely on-chain. There is also a decentralized cross-chain bridging infrastructure compatible with non-EVM chains such as Ethereum, IBC-enabled blockchains and Solana.
Purchasing INJ coins can be done on 41 online exchanges, such as Oyi, Binance and Huobi. The following is a brief tutorial on purchasing INJ coins on the Ouyi Exchange:
1. Open the official website of the Ouyi OKX Exchange (click here to register), enter your email address on the homepage, and click "Register"
2. Slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes
3. Then enter your mobile phone number and click "Verify Now"
#4. Enter the six-digit verification code received on your phone, which is also valid for 10 minutes
5. Select your country/region of residence and check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement
6. When creating a password, you need to have a length of 8-32 characters, 1 lowercase letter, 1 uppercase letter, 1 number, 1 symbol, such as: !@ # $ %, etc.
5. After logging in to your account, find the "User Center" icon on the homepage and enter the identity authentication page
6. According to different needs Perform different levels of authentication (note: video authentication needs to be performed on the APP)
#6. Click "Transaction" - "Basic Transaction" on the homepage to enter the transaction page
8. Enter INJ in the search box, select the INJ/USDT trading pair, and you can see the INJ real-time market
9 , enter the amount of INJ to buy and click to buy INJ
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