Injective Buyback to Burn $300K of INJ, Adds Tokenized Stock Rewards
- —Buyback will remove about $300,000 worth of INJ from circulation
- —Participants can claim tokenized stock rewards via Robinhood Chain
- —INJ trades near $7.7 within a $7.4–8.18 range
- —Analyst Giannis Andreou sees a $70 target if the higher-low structure holds
Why it matters: Recurring burns cut INJ supply and tie ecosystem revenue to tokenomics, supporting long-term holder interest.
Source: TronWeekly