INJ - Potential Breakout
A 5 Million Tokens Burn is fundamentally good news ( tokenomics are important in crypto)
INJ could be the broker of the future, just to have an idea of what the project is all about:
Injective is an open, interoperable layer-one blockchain optimized for DeFi applications. It uniquely provides plug-and-play modules, including an order book and derivatives trading module, that make it easy for any developer to quickly launch finance applications with inherent value. Coupled with smart contracts capabilities, any developer can build complex applications with cutting-edge protocols. Built with Cosmos-SDK, Injective utilizes a Tendermint-based Proof-of-Stake (PoS) consensus mechanism to achieve instant transaction finality while sustaining lightning-fast speeds.
The current financial system is broken and too inefficient. DeFi has been promising in taking the first step towards breaking down the centralized infrastructure of the traditional exchange markets. Our mission is to take it a step further and to provide the most advanced, next-generation financial infrastructure for building DeFi applications on top of the Injective blockchain. Users can access these applications in a fully decentralized, fast, cross-chain, low-fee, and secure manner. READ MORE HERE
mY CHART SHOWS THE PRICE INA WEDGE, RUNNING OUT OF SPACE. tHAT MEANS VOLATILITY COULD BE INBOUND AND MOST LIKELY HIGHER.
Support at 1.534 and a first target at 1.85
Let's see how this goes.
One Love,
the FXPROFESSOR
INJ could be the broker of the future, just to have an idea of what the project is all about:
Injective is an open, interoperable layer-one blockchain optimized for DeFi applications. It uniquely provides plug-and-play modules, including an order book and derivatives trading module, that make it easy for any developer to quickly launch finance applications with inherent value. Coupled with smart contracts capabilities, any developer can build complex applications with cutting-edge protocols. Built with Cosmos-SDK, Injective utilizes a Tendermint-based Proof-of-Stake (PoS) consensus mechanism to achieve instant transaction finality while sustaining lightning-fast speeds.
The current financial system is broken and too inefficient. DeFi has been promising in taking the first step towards breaking down the centralized infrastructure of the traditional exchange markets. Our mission is to take it a step further and to provide the most advanced, next-generation financial infrastructure for building DeFi applications on top of the Injective blockchain. Users can access these applications in a fully decentralized, fast, cross-chain, low-fee, and secure manner. READ MORE HERE
mY CHART SHOWS THE PRICE INA WEDGE, RUNNING OUT OF SPACE. tHAT MEANS VOLATILITY COULD BE INBOUND AND MOST LIKELY HIGHER.
Support at 1.534 and a first target at 1.85
Let's see how this goes.
One Love,
the FXPROFESSOR
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