Injective

<ul><li>Injective&#39;s market cap ascends to #36 with a 254% value increase, signaling robust investor confidence.</li><li>Over 85% of $INJ supply held by the top 3 wallets, highlights concentrated ownership.</li><li>INJ&#39;s price surge of 83.85% in a week, coupled with strong technical indicators, points to continued bullish momentum.</li></ul>Injective, a rising star in the cryptocurrency market, has made headlines with its remarkable surge. As highlighted by Santiment, an analytic platform, since mid-October,<a href="https://cryptotale.org/injective-protocol-hits-new-high-signals-bullish-trend/" rel="noopener noreferrer nofollow"> Injective</a> has seen its market cap rank soar to 36. This ascent comes after an impressive 254% increase in its value.Notably, the bridge wallet of Injective holds over two-thirds of the available $INJ tokens. Additionally, the top three wallets collectively possess 85.6% of the supply, valued at a staggering $2.18 billion.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/dfe86d788fc64218975d2fa43f24843d.png" />Rekt Capital, a renowned analyst, pointed out that the cryptocurrency has recently reached new All-Time Highs, entering a phase of price discovery. Injective has revisited its last major resistance point. To continue its upward trajectory, it needs to transform this red resistance into support. This move is crucial for rallying to new All-Time Highs. Until then, INJ will likely oscillate within the orange-red price range.Read full article at<a href="https://cryptotale.org/injective-dominates-with-2-18-billion-in-top-wallets-reaching-new-peaks/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Injective Dominates with $2.18 Billion in Top Wallets, Reaching New Peaks

CryptoTale

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