Inj
INJ road to 100$-500$ Long termWhy I like INJ
The use cases intended for INJ include but are not limited to: protocol governance, exchange fee value capture, derivative collateralization, liquidity mining, and staking. Further details regarding each of these use cases can be found below.
Protocol Governance: The INJ token can be used to govern various components of Injective's sidechain including the futures protocol, exchange parameters and protocol upgrades via a DAO structure.
Exchange Fee Value Capture: After the relayer reward distribution, the exchange fee will undergo an on-chain buy-back-and-burn event to accrue value for INJ.
Collateral Backing for Derivatives: INJ will be utilized as an alternative to stablecoins as margin and collateral for Injective's derivatives markets. In some futures markets, INJ can also be used for collateral backing or insurance pool staking where stakers can earn interest on their locked tokens.
Exchange Participation Incentives: The foundation plans to incorporate a liquidity mining scheme and distribute a fixed number of INJ tokens daily weighted by the liquidity each network participant provides.
Tendermint-based Proof-of-Stake (PoS) Security: To ensure the security of Injective's sidechain, Injective will incentivize nodes to stake INJ and participate in the sidechain's network consensus with block rewards.
Not to mention all the recent investor activity and huge amounts of partnerships, to gain what I think will be a good foundation of users on launch.
blog.injectiveprotocol.com
[30%] INJ / USDTWhat Is Injective Protocol (INJ) ?
The Injective Protocol project is a revolutionary idea that aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like Binance, Pantera and Hashed.
The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem.
INJUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price is in an ascending triangle and is trapped in a triangle. We intend to break the triangle and move towards the top targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
INJ Flag Pattern + Good Funda : TP1 IS $17.8 (60% GAIN)
Injective Protocol is an interesting project with solid Fundamental and now TA is very interesting as well
Forming a Flag Pattern and had a healthy Retest in $10 area Support Zone (Yellow Box)
very Good Buying opportunity due to very small risk!
TPs: $17.8 (TP1) / 26.15 (TP2)
STOPLOSS: Daily Candle Closing Below Yellow Box (Very Good Risk/Reward Ratio)
NOTE: Targets are NOT FIXED Points BUT areas So don't get Obsessed with A exact Price (like $17.8) to secure profit
🆓Injective Protocol Analysis (14/3) #INJ $INJThe selling pressure on INJ is quite strong and what we can do is to watch how the price will react at the 11$ zone.
If there is a buying force to help INJ rebounding, we will buy it for 14$ target or even higher targets like as 17$ or 23$ zones.
But if the worse case happens when INJ loses the 11$ zone, it will come back to 7$ zone, this is really a good buy zone for the next rally
📅EVENTS
- Jun 30 : Mainnet Launch
📈BUY
-Buy: 10.7-11.3$ if A. SL if B
-Buy: 13.7-14.3$ if A. SL if B
-Buy: 16.7-17.3$ if A. SL if B
📉SELL
-Sell: 13.7-14.3$. SL if A
-Sell: 16.7-17.3$. SL if A
-Sell: 22.5-23.5$. SL if A
♻️BACK-UP
-Sell: 10.7-11.3$ if B. SL if A
-Buy: 6.8-7.2$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
[90%] INJ / USDT (LONG)Analysis :
- We still in the canal
- hidden bullish divergence ( RSI )
The Injective Protocol project is a revolutionary idea that aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like Binance, Pantera and Hashed.
The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem.
[60%] INJ / USDT- First target : 14.4$
- Second target : 18$
Analysis :
- Bullish divergence momentum
- Descending triangle
- Falling wedge RSI
What Is Injective Protocol (INJ) ?
The Injective Protocol project is a revolutionary idea that aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like Binance, Pantera and Hashed.
The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem.