Injective Price Drops 5% Amid Exploit Repercussions and Upbit Warning

Injective's price dropped around 5% over the past day due to lingering effects of a recent exploit and Upbit's warning about investing in INJ.

The altcoin segment, excluding BTC and ETH, saw a decline of approximately 1.4% as capital shifted towards major cryptocurrencies.

Injective's performance lagged behind both BTC and the broader altcoin market with a 7-day drop of around 12%, underperforming its peers.

The intraday pattern showed INJ trading between $5.07 and $5.10 USD before slipping to roughly $4.79 USD, consistent with a gradual risk-off move rather than a single crash bar.