Hope you are ready for Merry December 💲💲💲
And another gift for you: N9LWF2HYA9SX (cash in you gift card asap!)
Injective Protocol (INJ) is an Ethereum-compatible cross-chain protocol. It connects users from various blockchain networks together into a single crypto community. The Injective Chain is a permissionless public blockchain network. INJ is the decentralized public utility and governance token of the Injective Protocol. Its applications include governance, derivatives collateralization, market maker, protocol security, relayer incentives, and more. INJ holders own and control the INJ exchange. They can participate in the ecosystem through a decentralized autonomous organization (DAO) structure. The INJ crypto can work as a stablecoin alternative to provide collateral for margin trading. Users can stake their INJ coins by delegating to an existing Injective Chain validator or become a validator as an INJ token holder.
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Very glad to see $RUNE and $INJ performing so strong. They keep proving they are the best of best of alts in this bull market. $SOL seems ready to pop as well and keeps showing relative strength.
$ETH and its faster sister $LDO are somewhat lagging $BTC and the strongest alts, but we assume that when the $BTC ETF approval mania hits his high, the news will be sold and the smart money will move to $ETH , the next ETF-approval candidate.
While all eyes are on Bitcoin, $INJ and $RUNE started to take off🚀 What is especially impressive is the performance of $RUNE as the rally is mostly driven by its fundamentals. As you can see below, the price continues to follow non-RUNE TVL (total value locked) on their platform👀
Injective Protocol price UK history shows the highest value of 16.21 GBP . We recorded this price on April 30, 2021, but we cannot exclude that a higher price was registered before February 15, 2021.