Injective (INJ) Historical Price and Returns Analysis: Should I Buy INJ Now?

Abstract

This article provides a comprehensive review of Injective’s (INJ) historical prices and market fluctuations since its inception. By analyzing data from both bull and bear market phases, we evaluate the potential returns for investors purchasing 10 INJ tokens and address the crucial question, “Should I buy INJ now?” This analysis aims to help both newcomers and long-term investors understand market timing and growth potential.

Bull Market Inception and Early Market Cycles: Historical Price Review (2020 to 2021)

Injective was created by Binance Labs around 2020, with an early trading price of approximately $1.27 according to CoinMarketCap records.

Here’s how INJ’s price changed during the initial bull market phase:

2020

• Opening price: $1.27
• Closing price: $4.41
• Highest price: $4.79
• Lowest price: $1.27
• Annual return: 247.87%

2021

• Opening price: $4.40
• Closing price: $8.56
• Highest price: $19.81
• Lowest price: $4.40
• Annual return: 94.5%

An investor who purchased 10 INJ tokens during the early bull market phase in 2020 would have a potential return of $472.90 if sold today.

Bear Market Adjustment and Mid-Term Market Cycle: Return and Risk Analysis (2022)

During this period, INJ’s price experienced a significant downturn, influenced by overall market conditions.

Here’s the potential return for investors who purchased 10 INJ tokens during the bear market or consolidation phase:

• 2022: -$74.30

Recent Market Cycle: Should I Buy INJ Now? (2023 to present)

In recent years, INJ has shown a strong upward trend, sparking discussions about whether we’ve entered a new bull market or if we’re still in a bear market phase.

2023

• Opening price: $1.41
• Closing price: $35.74
• Highest price: $40.56
• Lowest price: $1.41
• Annual return: 2428.12%

2024

• Opening price: $36.48
• Closing price: $25.43
• Highest price: $42.81
• Lowest price: $16.23
• Annual return: -30.28%

Potential returns for investors purchasing 10 INJ tokens during this period:

• 2023: $458.40
• 2024: -$304.79
• 2025-present: -$148.42

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

Through the analysis of INJ’s historical prices and potential returns, we can observe long-term growth trends, helping investors assess whether the current phase is still suitable for positioning and answering the key question, “Should I buy INJ now?”