Convert and Swap Injective INJ to Euro EUR
INJ/EUR: 1 Injective equals €19.82 EUR
Last update: 6:03 PM, December 22, 2024
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Injective is falling this week.
The current price of Injective is €19.82 per INJ. With a circulating supply of 98,970,935.41 INJ, it means that Injective has a total market cap of €1,950,954,072.91. The amount of Injective traded has fallen by €42,929,760.70 in the last 24 hours, which is a 34.22% decrease. Additionally, in the last day, €125,439,529.47 worth of INJ has been traded.
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About Injective
Injective is an open, interoperable blockchain optimized for DeFi applications. Injective is smart contracts-enabled and utilizes a Tendermint PoS consensus mechanism. INJ is the native token that enables community members to participate in governance, validation, burn auctions and more.
Injective (INJ) is a layer-one blockchain designed to power next-generation decentralized finance (DeFi) applications. It aims to provide a robust financial infrastructure, including a fully decentralized on-chain orderbook and compatibility with various blockchains such as Ethereum and Solana. Built with the Cosmos SDK, Injective utilizes a Tendermint-based Proof-of-Stake consensus mechanism, offering instant transaction finality and high performance. The Injective ecosystem comprises over 100 projects and a global community of over 150,000 members. The INJ token, the native utility token of Injective, is used for protocol governance, dApp value capture, Proof-of-Stake security, developer incentives, and staking.
Injective operates on a Tendermint-based Proof-of-Stake (PoS) consensus mechanism, which provides instant transaction finality and the ability to sustain high performance. It offers a highly interoperable smart contract platform based on CosmWasm, with advanced interchain capabilities. Injective's core exchange module includes an advanced on-chain order book and matching engine for various financial markets, resistance to Miner-Extractable Value (MEV) through frequent batch auction order matching, and zero gas fees for users. The INJ token is used to secure the Injective blockchain using a proof-of-stake mechanism, with validators and delegators both participating in staking.
Injective aims to provide a platform for a wide range of DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, and lending protocols. The INJ token is used across a diverse range of functions such as protocol governance, dApp value capture, Proof-of-Stake (PoS) security, developer incentives, and staking. Developers can leverage Injective's robust infrastructure and financial primitives to build DeFi applications. Additionally, Injective's smart contract platform allows for multi-chain smart contract transactions to occur seamlessly, enabling developers to create novel use cases that would not be possible on other chains.
Injective was developed by Injective Labs, a research and development company. The co-founder of Injective Labs, Eric Chen, has extensive knowledge about blockchain protocols and traditional finance. Albert Chon, the CTO of Injective Labs, is a Stanford University graduate and was a software development engineer at Amazon. He co-founded Injective Labs with Eric Chen. The Injective ecosystem has grown to include over 100 projects and a global community of over 150,000 members. The INJ token, the native utility token of Injective, is used for a variety of functions within the Injective ecosystem.
How Injective and Euro differ
Injective (INJ) and Euro (EUR) are two distinct forms of value representation, each with its unique characteristics. Injective is a layer-one blockchain designed to power next-generation decentralized finance (DeFi) applications. It aims to provide a robust financial infrastructure, including a fully decentralized on-chain orderbook and compatibility with various blockchains. The INJ token, the native utility token of Injective, is used for protocol governance, dApp value capture, Proof-of-Stake security, developer incentives, and staking. On the other hand, the Euro is a traditional fiat currency used by 19 of the 27 member states of the European Union. It is centralized, regulated by the European Central Bank, and used for everyday transactions, savings, and investments. Unlike Injective, the Euro does not operate on a blockchain, does not have a native utility token, and is not used for protocol governance or staking. While Injective seeks to provide a platform for a wide range of DeFi applications, the Euro serves as a standard medium of exchange within the Eurozone.
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INJ to Euro conversion tables
The exchange rate of Injective is decreasing.
The current value of 1 INJ is €19.82 EUR. In other words, to buy 5 Injective, it would cost you €99.12 EUR. Inversely, €1.00 EUR would allow you to trade for 0.0504 INJ while €50.00 EUR would convert to 2.5221 INJ, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 26.33%. Meanwhile, in the last 24 hours, the rate has changed by 0.96%, and that the the highest exchange rate of 1 INJ to Euro was €20.32 EUR and the lowest 24 hour value was 1 INJ for €19.11 EUR. This time last month, the value of 1 INJ was €23.00 EUR, which is a 14.59% increase from where it is now. Looking back a year, Injective has changed by €35.04 EUR. That means that in a single year, the value of Injective has shrank by 46.8%.
INJ to EUR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
€19.94 EUR | -0.96% | €26.63 EUR | -26.33% | €23.00 EUR | -14.59% | €35.04 EUR | -46.80% |
INJ to EUR
Amount | Today at 6:03 pm |
---|---|
0.5 INJ | €9.91 |
1 INJ | €19.82 |
5 INJ | €99.12 |
10 INJ | €198.25 |
50 INJ | €991.23 |
100 INJ | €1,982.45 |
500 INJ | €9,912.25 |
1,000 INJ | €19,824.51 |
EUR to INJ
Amount | Today at 6:03 pm |
---|---|
0.5 EUR | 0.0252 INJ |
1 EUR | 0.0504 INJ |
5 EUR | 0.25 INJ |
10 EUR | 0.50 INJ |
50 EUR | 2.52 INJ |
100 EUR | 5.04 INJ |
500 EUR | 25.22 INJ |
1,000 EUR | 50.44 INJ |
Today vs. 24 hours ago
Amount | Today at 6:03 pm | 24 hours ago | 24H Change |
---|---|---|---|
0.5 INJ | €9.91 | €9.99 | -0.80% |
1 INJ | €19.82 | €19.98 | -0.80% |
5 INJ | €99.12 | €99.92 | -0.80% |
10 INJ | €198.25 | €199.84 | -0.80% |
50 INJ | €991.23 | €999.18 | -0.80% |
100 INJ | €1,982.45 | €1,998.36 | -0.80% |
500 INJ | €9,912.25 | €9,991.78 | -0.80% |
1,000 INJ | €19,824.51 | €19,983.56 | -0.80% |
Today vs. 1 month ago
Amount | Today at 6:03 pm | 1 months ago | 1M Change |
---|---|---|---|
0.5 INJ | €9.91 | €11.51 | -13.91% |
1 INJ | €19.82 | €23.03 | -13.91% |
5 INJ | €99.12 | €115.14 | -13.91% |
10 INJ | €198.25 | €230.28 | -13.91% |
50 INJ | €991.23 | €1,151.41 | -13.91% |
100 INJ | €1,982.45 | €2,302.82 | -13.91% |
500 INJ | €9,912.25 | €11,514.12 | -13.91% |
1,000 INJ | €19,824.51 | €23,028.24 | -13.91% |
Today vs. 1 year ago
Amount | Today at 6:03 pm | 1 year ago | 1Y Change |
---|---|---|---|
0.5 INJ | €9.91 | €18.55 | -46.57% |
1 INJ | €19.82 | €37.11 | -46.57% |
5 INJ | €99.12 | €185.53 | -46.57% |
10 INJ | €198.25 | €371.07 | -46.57% |
50 INJ | €991.23 | €1,855.35 | -46.57% |
100 INJ | €1,982.45 | €3,710.70 | -46.57% |
500 INJ | €9,912.25 | €18,553.49 | -46.57% |
1,000 INJ | €19,824.51 | €37,106.98 | -46.57% |
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