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What is Injective Protocol all about
With the growth of DeFi so has there been an explosion in offerings around getting this space up and running. Injective Protocol is a decentralized exchange protocol that intends to offer advanced features like cross-chain margin trading, derivatives, forex, synthetics, and futures trading.
As is the desire of late, the protocol looks to offer all these opportunities in a completely decentralized, permission less, and highly performant way - with zero gas fees; a big consideration in the current DeFi space.
DeFi is still new and emerging, and as such there are a number of barriers to entry - gas fees being one. But, other issues like lack of options and user experience also come into play in this decentralised space. Injective Protocol's mission is to remove barriers of access to DeFi markets, eliminate gas fees while maintaining high transaction speeds, and provide a truly decentralized and limitless trading experience for everyone.
Some of Injective's key features that play towards this are its Layer-2 protocol speed, decentralized order book, unrestricted market creation, and of course, the Low network latency and no gas fees.
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INJ Questions & Answers
Historically, what was the highest Injective Protocol price?
The price of Injective Protocol peaked on 2021-04-30, at 20.53 EUR.
What is the Injective Protocol price today?
Price of Injective Protocol right now is at 6.32 Euro.
Is Injective Protocol expected to increase in value 3 months from now?
On the basis of our prediction algorithm we estimate the value of Injective Protocol is likely going to be between €4.96 and €11.69 in three months.
What price will Injective Protocol reach in one month?
On the basis of our price prediction algorithm we estimate that Injective Protocol's price will reach anywhere between €5.73 and €11.46 in 30 days.
How popular is Injective Protocol?
0 individuals were engaging in discussing Injective Protocol online on Reddit in the last 48 hours. Injective Protocol's official Twitter handle currently is followed by 0 people.
What price will Injective Protocol reach in six months?
Long term forecast is very difficult, however in accordance with our prediction algorithm we estimate the cost of Injective Protocol is likely going to be between €2.40 and €13.83 in 6 months.
10 days Injective Protocol price forecast
Long term Injective Protocol price prediction