DeFi· ★★★· bullish·

Injective Brings Back Stockdrop With October Buyback as INJ Eyes $10 Breakout

  • —October Community Buyback revenue pool exceeds $247,000
  • —Committed INJ tokens are permanently burned after the event
  • —Tokenized stock rewards are not guaranteed and require eligibility checks
  • —INJ approached $9.50; a high-volume break above $10 would strengthen the bullish setup
Why it matters: The burn and revenue distribution affect INJ tokenomics, while a break above $10 would set the direction of the next move.
#INJ
Source: TronWeekly
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DeFi · Sep 22
Injective Launches Stockdrop, Rewarding INJ Buyback Participants With Tokenized Stocks
 DeFi · Oct 19
Injective RWA Perpetuals Top $1.1B Year-to-Date as INJ Eyes $8.50 Breakout
 Regulation · Oct 14
Injective secures SEC transfer agent status, INJ eyes $10 breakout