The post Injective (INJ) Price Marks New ATH at $32.1: Is This a Natural or a Made-Up Rally? appeared first on Coinpedia Fintech News
In an intriguing move, a popular DeFi token, Injective, experienced a massive rally. It was believed to be a result of positive market sentiment, as they had shifted from being neutral to greedy as the Bitcoin price resumed its upswing. However, some metrics do point towards a probably fabricated bull run, which may end up in a huge dump very soon.
The INJ price has been on the run! The token managed to attract over $500 million in volume, with a massive jump of over 150% in just a couple of days. How did the price manage to soar while the broader markets displayed a significant bearish influence? Will the jump in volume and price lead the price to over $50 before the end of 2023?
It is worth noting that INJ’s price has been among the best performers for the past few days. With the recent price action, the token has elevated its ranking and stands curr
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