Ondo

Mountain Protocol

Injective

Captain

Optimism

<ul>
 <li>Injective integrates Mountain Protocol, introducing USDM stablecoin with a 5% annual yield.</li>
 <li>Ondo Finance and Injective collaboration boost capital efficiency in Injective dApps.</li>
</ul>
In a tweet, analyst Captain Faibik stated that Injective (INJ) has had a Falling Wedge upward breakout and retest verified on the 3-day time frame chart. This pattern appears to be quite bullish for the midterms. Faibik wants to see the token reach a new high, above $65.
Despite the recent fall in the crypto market, which followed the <a style="color: #008000;" href="https://www.crypto-news-flash.com/us-government-transfers-2-billion-in-bitcoin-from-silk-road-stash-65000-or-70000-btc-price-next/" rel="noopener noreferrer nofollow">US government’s large $2 billion BTC transfer</a>, Faibik has found some intriguing assets, such as Injective, that have the potential to rise.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$INJ</a> Falling Wedge upside Breakout and Retest Confirmed on the 3-day timeframe chart..<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;">
 Looks extremely Bullish for the Midterm.<a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/INJ?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#INJ</a> <a href="https://twitter.com/hashtag/Injective?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Injective</a> <a href="https://t.co/8VO3SBdUvw" rel="noopener noreferrer nofollow">pic.twitter.com/8VO3SBdUvw</a>
 — Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1817819306765500682?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 29, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="strong-inj-faces-short-term-decline-but-gains-long-term-optimism-with-usdm-integration-strong">INJ Faces Short-Term Decline but Gains Long-Term Optimism with USDM Integration&nbsp;</h2>
INJ is currently trading around $24.49, down 3.03% over the last 24 hours and consolidating over the past week. Despite the unpredictability, Faibik remains optimistic.
Previously, CNF <a style="color: #008000;" href="https://www.crypto-news-flash.com/injective-welcomes-usdm-yield-bearing-stablecoin-launches/" rel="noopener noreferrer nofollow">revealed</a> that Injective has integrated the Mountain Protocol and introduced USDM, a native yield-bearing stablecoin backed by Treasury bills. USDM provides a 5% annual income, enabling a variety of real-world asset use cases inside the Injective ecosystem.
Furthermore, Ondo Finance has collaborated with Injective, offering the USDY token to improve capital efficiency in Injective dApps. As we previously <a style="color: #008000;" href="https://www.crypto-news-flash.com/ondo-finance-joins-injective-a-new-era-for-tokenized-assets/" rel="noopener noreferrer nofollow">reported</a>, Injective is expediting the use of tokenized assets by introducing the world’s first RWA module that supports FX, commodities, and more.
This strategic move establishes Injective as a market leader in tokenization, with the goal of connecting traditional financial assets to the booming cryptocurrency sector.
In addition to these relationships, Injective has been acknowledged for its revolutionary Layer-1 solutions, which promise to enable faster and more efficient blockchain transactions.
Injective’s commitment to developing a more smooth and scalable blockchain infrastructure is a critical aspect that could fuel its long-term success.

Injective (INJ) Bullish Breakout Confirmed: New Highs Expected

目錄

Crypto News Flash

在 2024年7月30日發表的其他文章

Solana Tops Ethereum in Weekly Fees Amid Memecoin Surge

Ethereum Gas Fee Drop Boosts Crypto Market!

XRP and ICP Now Live on CME Group Enhancing Crypto Market Transparency

Bitcoin News: CoinShares Exec Identifies Key Hurdles For BTC Strategic Reserve

Kamala Harris Exposed, Considers Anti-Crypto Sen. Gary Peters

Harris Campaign Reaches Out to Crypto Industry in Effort to Mend Relations and Establish Regulato...

訂閱免費電子報，每天收取加密貨幣最新動態！