{"id":7418,"date":"2025-01-13T16:48:25","date_gmt":"2025-01-13T16:48:25","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7418"},"modified":"2025-01-13T16:48:25","modified_gmt":"2025-01-13T16:48:25","slug":"3-reasons-why-injective-inj-can-rally-despite-bitcoin-sliding","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7418","title":{"rendered":"3 Reasons Why Injective (INJ) Can Rally Despite Bitcoin Sliding"},"content":{"rendered":"<div>\n<p>Injective protocol is a DeFi platform offering low fees and high scalability. Will INJ price rally in 2025? Could INJ crypto even reach $100?<\/p>\n<p><span data-preserver-spaces=\"true\">Bitcoin, Ethereum, Solana, and decentralized finance (DeFi) tokens like Injective have not been spared by sellers. At the time of writing, not only is the total market cap bleeding, but there is also <\/span><span data-preserver-spaces=\"true\">a real risk of BTC and ETH crashing below crucial support levels.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">There are critical support zones to be watched closely at $90,000 and $<\/span><span data-preserver-spaces=\"true\">3,200,<\/span><span data-preserver-spaces=\"true\"> for Bitcoin and <a class=\"general-link\" title=\"Ethereum Whales Eye Rising AI Altcoin Predicted To Outperform Cardano And Shiba Inu By Q2 2025\" href=\"https:\/\/99bitcoins.com\/sponsored\/ethereum-whales-eye-rising-ai-altcoin-predicted-to-outperform-cardano-and-shiba-inu-by-q2-2025\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>, respectively. Meanwhile, altcoin traders are closely monitoring INJ <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke: ;\n        stroke-width: ;<\/p>\n<p>    }\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"inj-injective-protocol\" id=\"coin_widget_id_678541e910d02\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"inj-injective-protocol\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background: #e0e0e0; \"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"inj-injective-protocol\"><br \/>\n                    <span class=\"cwp-coin-icon \"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/inj-injective-protocol.png\" alt=\"inj-injective-protocol icon\" width=\"16px\" height=\"16px\"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"inj-injective-protocol\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/inj-injective-protocol.png\" alt=\"inj-injective-protocol icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Trading volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Last 7d price movement<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p>.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">INJ is the token that powers the DeFi-focused platform, Injective Protocol. Over the last two years, INJ has been swinging higher, surging in 2024. At spot rates, not only did INJ outperform Solana and even Tron, but <\/span><span data-preserver-spaces=\"true\">continued<\/span><span data-preserver-spaces=\"true\"> to carve market <\/span><span data-preserver-spaces=\"true\">share,<\/span><span data-preserver-spaces=\"true\"> and rapidly grew the total value locked (TVL), looking at DeFiLlama.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-191046\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-36.png\" alt=\"\" width=\"1627\" height=\"696\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-36.png 1627w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-36-300x128.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-36-1024x438.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-36-768x329.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-36-1536x657.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-36-50x21.png 50w\" sizes=\"(max-width: 1627px) 100vw, 1627px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/defillama.com\/chain\/Injective\" target=\"_blank\" rel=\"nofollow noopener\">Source<\/a>)<\/p>\n<p><span data-preserver-spaces=\"true\">Even as crypto prices remain shaky, optimism is high, <\/span><span data-preserver-spaces=\"true\">with<\/span><span data-preserver-spaces=\"true\"> supporters believing the token can <\/span><span data-preserver-spaces=\"true\">easily<\/span><span data-preserver-spaces=\"true\"> fly to fresh levels.<\/span><span data-preserver-spaces=\"true\"> Will this happen?<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Analysts believe INJ can spearhead the recovery for what\u2019s emerging, surging back to December highs.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Behind their bullish stance are several compelling reasons:<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Grayscale\u2019s Endorsement of INJ Could Trigger Mega Boost<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Partly because<\/span><span data-preserver-spaces=\"true\"> of its stellar performance in the past 24 months, Grayscale, one of the largest digital asset managers, recently <a class=\"general-link\" href=\"https:\/\/www.grayscale.com\/blog\/general-updates\/assets-under-consideration-current-products\" target=\"_blank\" rel=\"noopener\">included<\/a> INJ in its long list of potential investment products. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This<\/span> clearly indicates<span data-preserver-spaces=\"true\">\u00a0that despite everything, INJ is attracting institutional interest.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">One of the largest institutional asset managers, Grayscale, with over $50 billion in AUM, has just added <a href=\"https:\/\/twitter.com\/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$INJ<\/a> to its list of assets under consideration this week.<\/p>\n<p>Grayscale is known for adding only the most in-demand crypto assets to its platform. If added, INJ would be\u2026<\/p>\n<p>\u2014 Mirza.inj <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f977.png\" alt=\"\ud83e\udd77\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@mirza_inj) <a href=\"https:\/\/twitter.com\/mirza_inj\/status\/1878078183779479632?ref_src=twsrc%5Etfw\">January 11, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">If INJ is eventually approved and a trust is formed around the token, institutions can gain exposure by purchasing INJ-backed shares. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Learning from Ethereum and Bitcoin, the trust could, in the long run, be converted to an exchange-traded fund (ETF). <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For now, supporters should cross their fingers tightly since the selection process is complex and could take weeks to conclude.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Injective 3.0 Upgrade Approved: Could It Move INJ Price?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The Grayscale endorsement is also when the platform plans to transition.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Last week, the community voted, approving the transition from 2.0 to 3.0 era.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The governance proposal to begin the next phase of <a href=\"https:\/\/twitter.com\/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$INJ<\/a> 3.0 has passed with 99.99% of community members voting YES.<\/p>\n<p>The new chapter of INJ 3.0 is live now to dramatically reduce the token supply, enabling INJ to become one of the most deflationary assets over time. <a href=\"https:\/\/t.co\/YJNCQsIiD7\">pic.twitter.com\/YJNCQsIiD7<\/a><\/p>\n<p>\u2014 Injective <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f977.png\" alt=\"\ud83e\udd77\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@injective) <a href=\"https:\/\/twitter.com\/injective\/status\/1875946586221715805?ref_src=twsrc%5Etfw\">January 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">It is an <a class=\"general-link\" href=\"https:\/\/gov.injective.network\/discussion\/17013-inj-30-the-ultimate-injective-tokenomics-upgrade\" target=\"_blank\" rel=\"noopener\">upgrade<\/a> that will implement important tokenomics changes that benefit token holders and value accrual.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For example, Injective has enabled real-time adaptation of token supply based on staking activity. This change alone enhances staking rewards for INJ holders while making the token more deflationary.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This is an interesting change because even before this transition, Injective offered a\u00a0<a href=\"https:\/\/www.stakingrewards.com\/asset\/injective-protocol\" target=\"_blank\" rel=\"noopener\">staking yield<\/a> of 10.66%, which is much\u00a0higher than what SOL and ETH stakers receive.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-191044\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-35.png\" alt=\"\" width=\"1379\" height=\"580\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-35.png 1379w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-35-300x126.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-35-1024x431.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-35-768x323.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-35-50x21.png 50w\" sizes=\"auto, (max-width: 1379px) 100vw, 1379px\"><\/p>\n<p><span data-preserver-spaces=\"true\">The high speed, low transaction fees, and a secure, vibrant ecosystem could explain why Injective\u2019s TVL has been rising. Interest in protocols like Hydro and Helix explains the spike in assets under management.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Is INJ Crypto Undervalued in the Ongoing Crypto Crash?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Considering its role in DeFi, rising global interest in crypto, and Injective\u2019s growth, one trader is convinced INJ <\/span><span data-preserver-spaces=\"true\">is undervalued<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In a post on X, he <a class=\"general-link\" href=\"https:\/\/x.com\/TurboBull21\/status\/1878742341705748639\" target=\"_blank\" rel=\"noopener\">said<\/a> INJ can soar 10X to $100 in 2025. Because of this possibility, he believes this could be the best time to accumulate.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GhKhLchbIAAAbsB?format=jpg&amp;name=large\" alt=\"Image\"><\/p>\n<p><span data-preserver-spaces=\"true\">From the charts, the analyst is convinced that if INJ reclaims $25 and January highs, prices will likely rip<\/span><span data-preserver-spaces=\"true\">\u00a0higher.<\/span><span data-preserver-spaces=\"true\"> The <\/span><span data-preserver-spaces=\"true\">next<\/span><span data-preserver-spaces=\"true\"> targets will be December highs and Q1 2024 peaks before prices double to $100.<\/span><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/solana-surpasses-ethereum-as-top-ecosystem-for-new-developers-in-2024\/\" target=\"_blank\" rel=\"noopener\">Solana Surpasses Ethereum as Top Ecosystem for New Developers in 2024<\/a><\/strong><\/p>\n<p><a href=\"https:\/\/discord.gg\/QneEHUjm\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow\"><b>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/b><\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/3-reasons-why-injective-inj-can-rally-despite-bitcoin-sliding\/\">3 Reasons Why Injective (INJ) Can Rally Despite Bitcoin Sliding<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Injective protocol is a DeFi platform offering low fees and high scalability. Will INJ price rally in 2025? Could INJ crypto even reach $100? Bitcoin, Ethereum, Solana, and decentralized finance (DeFi) tokens like Injective have not been spared by sellers. At the time of writing, not only is the total market cap bleeding, but there [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7418","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7418"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7418\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}