Investment Disclaimer:
- I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only.
- Past performance presented here is not an indicator of future performance.
- This post expresses my own opinion about the cryptocurrency mentioned herein and is not an offer to buy or sell, or a solicitation of any offer to buy or sell the cryptocurrency mentioned in this post.
- I do hold a long position in INJ as a token holder.
TL; DR
1. Injective Token ($INJ) has undergone 24.89% return from USD 4.0432 to USD 5.0496 since its first launch on 01 Jan 2021.
2. All technical analyses (VWAP, MACD, RSI, Price vs Volume) and quantitative risk measurements (Value-at-Risk, Kurtosis, Return distribution) are suggesting that INJ is fairly traded with similar risk profile as compared to 10 days ago.
3. Based on Google Trends, Injective Protocol has gained an increasing amount of adoptions and popularity by the internet users. Its Google Search Score has increased 194% over the last quarter, and 118% over the last 6 months.
4. #DeFi Fun Fact: Injective Pro (the very first order book-based DEX built on top of Injective Chain) is the fastest exchange that reached $1B trading volume within just 30 days, surpassing FTX, Bitfinex and Coinbase by a huge margin.
Find out what's driving the increasing adoption and rising popularity of Injective Protocol at:
Quantdoge Publications- How does Injective Protocol ($INJ) Perform?
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