🔥 $INJ Price Surges 33% After Supply Cut!


#Injective #INJ is rallying, hitting $26.29 with a 33% weekly gain following its Injective 3.0 upgrade and community-approved supply reduction. This move makes INJ one of the most deflationary assets, driving investor interest.


📊 Key Highlights:

*/ Upgrade Approved: 99.99% community vote transitioned to Injective 3.0, boosting INJ's value by 18% in 2 days.

*/ Short Squeeze Risks: Futures traders are betting against INJ, but growing demand may force short sellers to buy back, pushing prices higher.

*/ Bullish Indicators: RSI at 58.88 and MACD momentum point to continued growth.


🎯 Price Targets: INJ could break $30 soon and aim for $35+. A reversal may test support at $24.44.


#Altcoin Season# #Altcoins


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January 07, 2025 at 2:57 PM
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