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As Bitcoin experiences a sideways consolidation phase, dropping up to 23% from its all-time highs, its overall market outlook remains cautiously optimistic. This consolidation is viewed as a healthy correction, potentially setting the stage for future growth.

Story Highlights The live price of the Injective token is Injective (INJ) price could hit a high of $57.66 by the end of the year 2024. With a potential surge, the INJ's price may record a high of $181.18 during the year 2030. Launched in November 2021, alongside a $120 Million incentive program called Astro.

The altcoin market retreats as most assets lose steam following the recent GameStop-triggered rallies. While the likes of PEPE stare at more dips, Injective's loyal investors keep INJ price afloat. Long-term holders aid INJ recovery Injective struggled after impressive actions, declining to explore yearly lows. Nevertheless, indicators suggest a notable comeback for the altcoin.

While Injective's (INJ) price may not be the worst performer, it managed to mark a new bearish achievement in the last 24 hours.

Injective (INJ), a decentralized exchange (DEX) protocol, is stirring excitement in the cryptocurrency market with analysts predicting a potential price surge. The token has been under the watchful eye of analysts, with many anticipating a significant upward move in its value.

As previously stated, the crypto markets continue on their roller coaster ride, with cryptos exhibiting high volatility. After a brief consolidation near $60,000, BTC prices rebounded above $63,000, ending the bearish trade setup. Now that the longs have played well, some altcoins, such as INJ, ARB, and AIOZ, have performed exceptionally well.

TL;DR Injective launches its Layer-3 network, inEVM, with Arbitrum's Orbit technology. It will provide more interoperability and enhanced functionalities. The main goal is to strengthen connectivity between Ethereum, Cosmos, and Solana. A mechanism to burn a portion of protocol fees will be implemented, increasing transaction processing efficiency and contributing to economic sustainability.

This collaborative integration with Caldera boosts interoperability and transaction efficiency across platforms. The newly introduced inEVM integration is set to transform how transactions and interoperability function within the blockchain realm.

Omni Network has presented the new modular blockchain implementation Octane, capable of integrating the Arbitrum and Celestia ecosystems.

Injective announced the launch of its Layer-3 network, the inEVM, powered by Arbitrum's Orbit toolkit.

Injective's "inEVM," which connects the Ethereum, Cosmos, and Solana networks, will rely on Arbitrum's Orbit toolkit.

With bitcoin powering out of its recent dip, at one point adding almost $9,000 to its price, the altcoin market has also begun to shift. Solana (SOL) and Injective Protocol (INJ) are among the first altcoins out of the blocks.

Despite the broader market turning optimistic with Bitcoin's surge above $63,000, few altcoins struggle to make a comeback. This reflects an underlying fear in some altcoins that they could nosedive with minor market corrections. Amidst the altcoins projecting a stronger week, they reflect potential weakness or a volatile pivot, reflecting a dangerous turn.

INJ, the native token of the Injective Network, commenced May with a fluctuating price action marked by a series of significant losses and gains. As INJ attempts to establish a stable price trajectory, popular market analyst with X handle Crypto Tony has highlighted a pivotal support zone for the altcoin in the coming weeks.

The decline in Celestia's price is not merely an isolated event but rather a reflection of the broader market sentiment witnessed over the past month. However, what sets this altcoin apart is the noticeable exodus of investors, signaling a waning enthusiasm towards TIA.

Celestia (TIA) is prone to further correction after consistently forming red candlesticks over the past few days. The saving grace is that investors are not too keen on saving the altcoin either.

MilkyWay, the liquid staking hub for Celestia's modular ecosystem, has received backing from top crypto and blockchain venture capital firms Polychain Capital and Binance Labs. MilkyWay secures $5 million from investors An announcement published on Tuesday revealed that Polychain and Binance Labs led MilkyWay's $5 million seed round raise.

Celestia liquid staking protocol MilkyWay has raised $5 million in a seed round co-led by Binance Labs and Polychain Capital.

Despite a week of sideways movement in the crypto market, with altcoins showing minimal signs of recovery and Bitcoin struggling to surpass the $65k price level, renowned crypto analyst Michaël van de Poppe has identified a specific group of altcoins.

The crypto market is heading towards a crucial decision in the next few days. Will the market go up or down?

In the latest insightful video, Aaron from Altcoin Daily delves into the current crypto scenario, highlighting key market developments and sharing his top picks for quality altcoins poised for growth. Let's unpack his analysis and explore the altcoins he's bullish on.

The INJ 3.0 upgrade by Injective introduces a deflationary model for its token, aiming to enhance long-term ecosystem value and security. The post Injective unveils largest tokenomics upgrade with INJ 3.0 release appeared first on Crypto Briefing.

The Injective community has approved transformative changes to its tokenomics, launching the Injective 3.0 system.

Binance, a leading cryptocurrency exchange, has once again triggered discussions among investors with its announcement to expand support for BOME, TIA, and MATIC tokens. Meanwhile, this move has sparked a significant rally in the prices of Book of Meme (BOME), Celestia (TIA), and Polygon (MATIC), underscoring the growing confidence in these cryptocurrencies within the market.

Binance Futures is set to expand its trading offerings by launching USDC-margined perpetual contracts for BOME, TIA, and MATIC cryptocurrencies. These contracts will provide traders with leverage of up to 75x, allowing for enhanced trading opportunities.

A closely followed crypto strategist believes that one memecoin is ready to witness mostly bullish price action. Pseudonymous analyst Inmortal tells his 212,700 followers on the social media platform X that Floki (FLOKI) looks primed to ignite bursts to the upside.

TL;DR Launch of INJ 3.0 on mainnet, making $INJ one of the most deflationary assets in the crypto market. Plan for accelerated reduction in INJ supply over the next two years. Beginning of a new era for the platform with these significant updates. Since its recent mainnet launch, INJ 3.

Two cryptocurrencies among the highest open interests in the market currently have negative funding rates, potentially indicating a buy signal.

The Injective community approved changes to INJ's upper and lower inflationary bounds and its inflation rate change parameter.

Layer1 blockchain Injective introduced proposal IIP-392 to reduce INJ's inflation rate as the project aims to be among the “most deflationary” cryptocurrencies. Injective proposal receives massive support Data shows the new proposal has received 99.99% YES votes less than 20 hours before the voting closes.

Celestia (TIA), a red-hot cryptocurrency in the modular blockchain space, has experienced a rollercoaster ride in recent weeks. After reaching a peak of nearly $16, TIA underwent a correction, plummeting to $7.5 according to CoinMarketCap data.

The broader cryptocurrency market has shed the short-term gains experienced leading up to the Bitcoin (BTC) halving event. Following the completion of the bullish event, the markets have failed to react positively, with analysts attributing it to the post-halving retracement.

Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is currently at the center of attention. The platform's proposed upgrade, Injective 3.0, aims to revolutionize its tokenomics by introducing deflationary measures for INJ.

Injective Protocol, a blockchain for decentralized finance (DeFi) and derivatives trading, is voting on a proposal to significantly reshape the platform's tokenomics and introduce a new era dubbed Injective 3.0. According to Injective, through a post on April 19, the proposal is now open for voting via the Injective Hub.

Injective, a decentralized Layer1 blockchain network, announced a few days ago that its blockchain network will soon be updated. Such a feat, IIP-392 Proposal, aims to radically pivot the INJ token's economic landscape, eventually cementing it among the most deflationary assets, just as market players know it.

The cryptocurrency industry has displayed a bullish reversal as the top crypto tokens have added over 5% in their respective portfolios within the past few hours. Furthermore, the price of Bitcoin has successfully crossed the $64K mark, indicating a positive outlook for the market this week.

A widely followed crypto analyst and trader is expressing bullish sentiment on a Solana (SOL) competitor while offering his forecast on three altcoins.

TL;DR Injective and Jambo Partner to Bring DeFi to Millions in Emerging Markets. Collaboration to offer financial solutions based on blockchain through the JamboPhone. Ninji Wallet will be available on Jambo phones, making it easier to access its DeFi ecosystem.

Injective (INJ) attracted investor interest on Thursday following the blockchain's groundbreaking partnership with Jambo – a web3 mobile service provider. Injective confirmed that the collaboration aims to offer decentralized finance (DeFi) and Web3-based technologies to boost economics in Latin America, Southeast Asia, and Africa.

INJ, the native token of the Cosmos-based layer 1 blockchain Injective, piqued substantial investor interest today, April 18, as its cryptographic venture took an exciting turn with a new collaboration. In an official statement released today, the layer 1 blockchain announced a strategic merger with Jambo, a Web3 mobile infrastructure, aiming to provide web3-based escapades

After trading under a bearish sentiment for over a week, the INJ price has recorded a bullish jump of 11.97% within the past 24 hours, highlighting a bullish reversal for the altcoin in the crypto industry.

Amidst market turbulence, Token Metrics, renowned for its AI-powered investment research, has identified a select group of cryptocurrencies poised to deliver extraordinary returns. Firstly, let's delve into Token Metrics' latest findings, spotlighting cryptocurrencies with the potential to yield gains of up to 100 times and more when the market rebounds.

The Rise from the Ashes: TIA's Resilient Rebound After a turbulent period that saw TIA's price plummet below the crucial $10 mark, the cryptocurrency displayed remarkable resilience, staging a strong comeback. The market witnessed two consecutive bullish candles on the four-hour chart, propelling TIA from a low of $8 to an impressive $11.

While most cryptocurrencies turned drastically bearish this week amid geopolitical tensions following the Iranian offensive against Israel, two projects remain with an overbought Relative Strength Index (RSI), making for a potential sell signal.

Two of the most promising altcoins have been beaten down heavily by the current crypto market correction. Is it time to buy $RNDR and $INJ now, before the bull market resumes?

The crypto markets are plunging, with the majority of the tokens slumping below their immediate support and heading towards the key support levels. Meanwhile, Coinpedia has picked some 100x gems, which may trigger a healthy upswing in the coming days.

Token Metrics, an AI-driven investment research platform, has recently identified 27 crypto assets with the potential to deliver significant gains of up to 10,000% for investors within the next two weeks.