CandleFocus

Injective introduces automated INJ burn using AI power agent

Injective has launched an automated token burn mechanism powered by its AI agent technology. Participants can participate in weekly token burns through simple text commands. The system is powered by Injective's iAgent AI technology. Trading volumes for Injective have reached $594 million in the last 24 hours, indicating market participation and liquidity. INJ's price has surged, pushing it above a $3 billion market cap. The introduction of AI-powered burn auctions allows community members to directly participate in the token burn process. INJ's price is currently at $31.3 with gains in different timeframes. Analysts anticipate further gains and have identified resistance levels at $33 and $50.

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