Bittime – The price Injective Price Increase After Latest Collaboration Announcementof INJ, the native token of the Injective blockchain, surged by 15.36% in the last 24 hours, reaching $28.39 at the time of writing (April 18). This positive price increase coincides with the announcement of a strategic collaboration between Injective and Jambo, a Web3 mobile infrastructure company.
Injective and Jambo Unite to Empower Emerging Markets
According to Injective's official statement, this collaboration aims to bridge the gap between emerging markets in Africa, Southeast Asia and Latin America and the world of decentralized finance (DeFi). This will be achieved through the JamboPhone, a specially designed smartphone that is preloaded with Injective's original dApps, including Ninji Wallet. This user-friendly approach aims to make access to the Injective ecosystem easier for millions of potential users.
Jambo: Connecting Emerging Markets to the Digital World
Jambo is a mobile phone infrastructure company focused on providing affordable, user-friendly technology to connect individuals in emerging economies with the digital world. The recently launched JamboPhone, a Web3-enabled Android 13 smartphone, aligns perfectly with Injective's mission to expand DeFi accessibility.
INJ to IDR Price Bittime Exchange
Market Responds Positively To The News
The partnership announcement sparked a wave of optimism in the market, which was reflected in a surge in INJ prices. Here is a breakdown of some of the key market indicators:
Price: Increased 15.36% in the last 24 hours, reaching $28.39.
Market Capitalization: Increased 15.36%.
Trading Volume: Increased 68.59% in 24-hour trading volume.
Open Interest: Increased 28.29%, reaching $114.78 million (according to Coinglass data).
Derivatives Volume: Increased 96.52%, reaching $722.33 million (according to Coinglass data).
This surge in market activity confirms the strong bullish sentiment for Injective, further reinforcing the positive impact of the collaboration.
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Investor Enthusiasm and Potential for Further Growth
The strategic merger with Jambo has ignited significant investor interest in Injective's future. Crypto enthusiasts remain optimistic about INJ's price trajectory, with some speculating about a potential post-halving rally. However, it is important to remember that cryptocurrency markets are inherently volatile, and future price movements remain uncertain.
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How to Buy Injective (INJ) on Bittime
You can buy and sell Injective (INJ) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Injective (INJ) is available on Bittime with the market pair INJ/IDR . To be able to buy INJ IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Injective (INJ) on Bittime .
Monitor the price chart movements of Injective (INJ) , Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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