Few coins in this space combine moon-shot power with soul-crushing drawdowns quite like $INJ .
From its March 2024 peak around $52, Injective got absolutely wrecked, bleeding all the way down to the $5–$6 zone, a brutal 88–90% haircut that turned diamond hands into paper ones.
To the average eye, that chart looks like a horror movie.
To the ones who’ve lived through a few cycles, it looks suspiciously familiar: a battle-tested protocol quietly accumulating energy at the bottom of the range.
This isn’t a death spiral.
This is the part of the movie where the hero is bleeding on the floor… right before he gets back up and runs through the final boss.
Fundamentals never left.
Ecosystem is still growing.
Dev activity still top-tier.
And the chart? It’s carving out the exact same “spring-loaded” base we saw on $SOLV
SOLVUSDT
Perp
0.01568
-0.25%
, $AVAX , and $RNDR before they ripped faces off.
INJUSDT
Perp
5.699
+3.71%
isn’t dying.
It’s reloading.
See you on the other side of $50+ (again).
#İNJ #Injective #CycleReset $INJ