Injective (INJ) Bullish Breakout Confirmed: New Highs Expected
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 30 2024Injective's New Developments: Injective has integrated the Mountain Protocol, launching the USDM stablecoin with a 5% annual yield, while collaborating with Ondo Finance to enhance capital efficiency in its dApps.
Market Outlook for INJ: Despite a short-term decline in price, analyst Captain Faibik remains optimistic about Injective's potential for growth, citing a bullish Falling Wedge pattern and the platform's innovative solutions in tokenization and blockchain infrastructure.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
