You might wonder why we don't trade our $QUNT?
We form a big ass liquidity currently above 1 milliones US Dollares and chill!
And you still go to cry on $MOTHER s ass and weep in the corner from all the $SOL meme rugs you have suffered from!
GET ON $INJ
GET IN $QUNT!
NOW!
Gm @Gemini!
Let's fuel the $INJ explosion by adding the native $INJ network alongside #inEVM!
Why @injective❔
This integration would boost liquidity, improve accessibility, and streamline trading for everyone.
For More Details: https://t.co/WsvYpdndJc
#Injective#Ghajini
Injective is rated as the top 1 project by BrokerScore🔥
The evaluation criteria are based on:
+ Performance Metrics
+ Market & Financial Health
+ Project Fundamentals
+ Social & Development
+ Roadmap & Timeline.
Don’t fade this, nINJas! #Injective Summer🚀
🥷@binance Pay has integrated @injective
as a payment option.
Now you can use #INJ for payments both with merchants and peer-to-peer.
$inj #injective#defi
2.4M+ Transactions a day, It's just normal now for #Injective
This showcases its steady growth and robust performance
Injective is exclusively designed for user-friendly applications, for Finance, for nINJas, and for everyone 🫵
There has been a lot of talk about new tokens with high FDV with low float, but @injective, on the other hand, has been consistently burning tokens.
@injective has been steadily burning tokens since last year, and I've calculated the quarterly token burn amounts from Q4 of last year to Q2 of this year.
Interestingly, even though Q2 of 2024 hasn't ended yet, the number of tokens burned is already at an all-time high (due to the $INJ 3.0 update). At this rate, there's a high probability that over 100,000 $INJ tokens will be burned in Q2 of 2024.
After researching @injective, my article has been continuously receiving shoutouts from the community(I hope this one gets them as well :))
The community seems to be more widespread and solid than I initially thought. The increasing number of tokens being burned is also concrete evidence that various applications on the Injective network are burning fees.
Okay, now we know that @injective is burning its tokens like crazy. But how do they do this?
Here is a brief history of Injective's burning mechanism:
INJ 1.0
The initial token burn mechanism involved a weekly burn auction. In this system, 60% of all fees collected from decentralized exchange(exchange module) built on Injective were directed into an auction basket. Community members would bid on this basket, and the winning bid amount was subsequently burned, reducing the total supply of INJ tokens. This approach aimed to create a deflationary effect, enhancing the value of the remaining tokens by decreasing the overall supply.
INJ 2.0
The second iteration expanded the scope of the burn mechanism. With INJ 2.0, any dApp operating on the Injective network could participate in the burn auction, not just exchange dApps. This allowed a more diverse range of applications, including DeFi platforms, NFT marketplaces, and gaming apps, to contribute to the token burn process. Additionally, these dApps had the flexibility to allocate up to 100% of their collected fees to the burn auction. This upgrade aimed to integrate a broader spectrum of use cases and maximize the burning potential from various sources within the ecosystem.
INJ 3.0
The most recent upgrade, INJ 3.0, introduced further enhancements to the tokenomics of Injective. This version significantly reduced the total supply of INJ tokens, making the token one of the most deflationary assets in the blockchain industry. In 3.0, not just exchanges and dApps, but any users can contribute to auctions this will allow for a more aggressive reduction in token supply.
The graph I created illustrates a significant increase in the number of $INJ tokens burned following the release of Injective 3.0. Injective is undoubtedly a project worth closely monitoring.
Will keep updated!
When the token burn just keeps getting better! 🔥 5,928,589 $INJ burned and counting, and with @injective INJ 3.0 upgrade, we're turning up the heat even more. #Injective#Meme
It’s actually so underrated that even as transactions and activity on Injective are up over 10000% in the last year, the chain is operating flawlessly.
Incredibly fast speeds with arguably the lowest fees in all of crypto.
#Altcoins
This is just a backtest imo.
-USDT Dominance broke through a trendline that had been intact for almost 6 YEARS.
-MACD is showing very strong bearish momentum
When USDT.D goes down, Altcoins go up.✅
Biggest Altseason since 2017 is loading imo.
Patience.💯