Injective and Chainlink also just printed new yearly highs🚀 Injective is also extremely close to printing new all-time highs (one of the first coins to do so this cycle)🔥Looks like the weekend will be fun🤑$INJ $LINK
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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During the recent bull run, Stable WCI experienced an impressive nearly 20x surge, primarily fueled by the remarkable performance of $LUNA. Sadly it ended how it ended. But I've never lost an interest about crypto and during bear market carefully selected my favorites: $LINK, $RUNE, $INJ, and $ROSE, and I am actively seeking to augment our positions in these tokens. Additionally, there are promising gems yet to be featured on @ICONOMI, and I am committed to incorporating them into our strategy at the earliest opportunity. 🚀
Predicting the future in the crypto realm is challenging, but the prospects of ETFs and halving events appear notably bullish. Consequently, I anticipate that the dark days are behind us for now. Any market dips, in my view, present buying opportunities. Notably, tokens like $LINK and $RUNE remain approximately 70% below their peaks, while $ROSE still down 80%. 👀 In the rapidly evolving landscape of #crypto, staying abreast of developments is crucial to avoid falling behind. However, this doesn't imply reckless decision-making.
Currently, $BTC is positioned at $37.7k with a dominance of 54%. While there is potential for it to rise, the onset of altseason could see its dominance dwindle to 40%. Importantly, we have outperformed $BTC by over 100% over last 6 months, providing a favorable position for the near future.
Have a nice weekend 😉
Looks like the altcoins followed the $BTC narative. Yesterday $SOL saw a nice pump from which we gave a 4% to $PAXG. Others ($LINK, $INJ and $DOT) followed nicely as well. The plan is the same, from the profits, we'll be taking smaller chunks of % and will be putting them into $PAXG and $USDC. At corrections we'll buy with those positions.
Have a great weekend guys!🤙
Injective Protocol (INJ) price history shows the highest value of 22.61 USD . We recorded this price on April 30, 2021, but we cannot exclude that a higher price was registered before February 15, 2021.