A long-term holder of INJ tokens sold a significant amount, causing the price of INJ to drop by 7.7%. Despite this, the Injective network continues to experience growth, with an increase in DeFi usage and positive mentions in the AI finance sector. The holder made a profit of $15.21 million from the sale of the tokens. The Injective network has seen a significant rise in daily transactions, indicating increased adoption and usage. Injective is also ranked highly in terms of social activity for AI-related cryptocurrencies. The price of INJ is currently trading at $28.45, with potential upside if it breaks above $28.50 and downside risk if it falls below $26.00.
- Content Editor ( thecoinrepublic.com )
- 2024-11-29
Injective Growth Remains Unstoppable, Despite INJ Price Pullback