$INJ Burn coins—can you still draw NVIDIA stock???
Injective’s official schedule is set: the Community BuyBack on the U.S. East Coast closes at 9:00 AM on 9/30. Participants commit their INJ to be permanently destroyed on the spot, while the BuyBack rewards claim and the Stockdrop reveal are opened; the claiming window runs until 10/7. The rewards are tokenized stocks on the Robinhood Chain—there are stocks like NVIDIA, AMC, etc. Each address can receive at most one. On the chart, Binance’s INJUSDT perpetual is around 7.45, opening around 7.86, with a high near 7.92 and a low near 7.34; 24h is about -5.25%. Trading volume is about 64.48 million U with roughly 640k trades, and holdings are about 4.28 million INJ ≈ 31.91 million U—the narrative people are trading is “burn + U.S. stock airdrop,” yet the price has softened first. I think with the deadline window approaching, volatility will be more twisted than usual. How do you think about this unusual volatility from $INJ ? Feel free to leave a comment and chat.
Injective’s official schedule is set: the Community BuyBack on the U.S. East Coast closes at 9:00 AM on 9/30. Participants commit their INJ to be permanently destroyed on the spot, while the BuyBack rewards claim and the Stockdrop reveal are opened; the claiming window runs until 10/7. The rewards are tokenized stocks on the Robinhood Chain—there are stocks like NVIDIA, AMC, etc. Each address can receive at most one. On the chart, Binance’s INJUSDT perpetual is around 7.45, opening around 7.86, with a high near 7.92 and a low near 7.34; 24h is about -5.25%. Trading volume is about 64.48 million U with roughly 640k trades, and holdings are about 4.28 million INJ ≈ 31.91 million U—the narrative people are trading is “burn + U.S. stock airdrop,” yet the price has softened first. I think with the deadline window approaching, volatility will be more twisted than usual. How do you think about this unusual volatility from $INJ ? Feel free to leave a comment and chat.
