Crypto Price Today: Injective, HBAR Sees Bull Runs, RPL Price Continues Bears

The top 4 cryptos for today are:

INJ token is up by 5.78%

Injective" data-role="coin-name">The Injective (INJ) token price is up by almost 6% in the last 24 hours and is now trading at $7.75. It has a global market cap of $649,444,298. Anjela from Tradingview attributes INJ’s relative performance to the growing expectation of major token burns. Network fees are used to progressively remove INJ from circulation as part of Injective’s decentralized governance concept.

HBAR token is up by 12%

Hedera (HBAR) crypto token price is up by more than 12% in the last 24 hours, and now its price stands at $0.06353. The global market cap is $2,095,678,303. The recent increase followed the addition of Dropp, a micropayments platform built on the Hedera Hashgraph, to the FedNow instant payments system, which is operated by the US Federal Reserve.

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RUNE token is up by 7%

THORChain (RUNE) crypto token price is up by more than 7% in the last 24 hours, and the price stands at $1.59. It has a global market cap of $542,515,610. In fact, despite a violent selloff across broader markets, RUNE has increased by nearly 40% this week. On August 18, RUNE reached a four-month high of $1.64.

RPL token is down by 4.31%

Rocket Pool (RPL) token is down by almost 5% in the last 24 hours and the price is trading at $24.56. It has a global market cap of $481,943,288. These bears are present regardless of Coinbase Ventures’ announcement a few days ago that it had made a strategic investment in Rocket Pool by purchasing RPL tokens.

Also Read: Injective (INJ) Price Soars By 10% Amid Crypto Crash