INJ has a vote closing tomorrow, and it is closer than anyone expected.
The Veyra upgrade vote sits at 33.03% turnout against a 33.4% quorum. That is 0.37 points short, with one day left. Yes votes are 70.9%, almost nobody is voting no — the fight is just about turnout.
$INJ is down -12.4% today at $6.98, on $28.7M volume. It fell to $6.56 this afternoon, then bounced back toward $7.00 in one hour.
Yesterday the same vote pushed INJ up +11%. Today the market is selling it along with everything else.
If the vote reaches quorum tomorrow, the upgrade moves toward its November 24 target. If it misses by a hair, it fails on turnout — not on opposition, but because not enough people voted.
A vote this close, on a day this red, is a strange test. The upgrade is about the chain's future. The price today is about fear.
Do you think the vote still matters if the price keeps falling?
#INJ #Crypto #Binance
Not financial advice.
The Veyra upgrade vote sits at 33.03% turnout against a 33.4% quorum. That is 0.37 points short, with one day left. Yes votes are 70.9%, almost nobody is voting no — the fight is just about turnout.
$INJ is down -12.4% today at $6.98, on $28.7M volume. It fell to $6.56 this afternoon, then bounced back toward $7.00 in one hour.
Yesterday the same vote pushed INJ up +11%. Today the market is selling it along with everything else.
If the vote reaches quorum tomorrow, the upgrade moves toward its November 24 target. If it misses by a hair, it fails on turnout — not on opposition, but because not enough people voted.
A vote this close, on a day this red, is a strange test. The upgrade is about the chain's future. The price today is about fear.
Do you think the vote still matters if the price keeps falling?
#INJ #Crypto #Binance
Not financial advice.
