Posted 12/19/2023, 2:04:00 PM
Injective Token Surges 3,000% to All-Time High on Anticipation of Wider Altcoin Gains and Solana Growth
- Injective (INJ) token has surged over 3,000% year-to-date to a new all-time high of $39.15
- The rally is driven by anticipation of wider altcoin gains and Solana's recent growth
- Injective combines AI and DeFi in a Cosmos-based blockchain
- Despite little value captured on chain, traders are buying the AI narrative
- Airdrop farmers may also be contributing to the token's rise