We are all watching the charts, but ignoring the Burn... 🔥
Everyone talks about "ETH Sound Money," but nobody looks at the Injective Burn Auction. It is arguably the most aggressive value capture mechanism in crypto.
Here is the alpha: 60% of all fees generated across the entire ecosystem (dApps, exchange, etc.) are auctioned off and burned every single week.
Now combine that with the new Native EVM launch. More dApps = More Fees = More INJ Burned.
We already have the $100M Institutional Buy pressure from Pineapple Financial. Now we have a deflationary supply shock kicking in. Economics 101 says higher prices are inevitable.
INJ
5.69
+6.15%
1000LUNCUSDT
Perp
0.05154
-2.82%
LUNA2USDT
Perp
0.10034
-5.56%