Injective's Tokenomic Changes Aim for Unprecedented Deflation: Price Impact
Wednesday, 24 April 2024, 09:52
Injective's Tokenomic Changes Aim for Unprecedented Deflation: Price Impact
The recent approval of the INJ 3.0 system introduces major changes to Injective's tokenomics, focusing on deflationary strategies.
Key Changes:
- Revised inflationary bounds set at 4% to 7%
- Increased inflation rate change parameter to 0.5
- Strategic updates aim to make INJ one of the most deflationary assets in the crypto space
CEO Jenna Peterson emphasizes the importance of these updates, while analyst Nihilus predicts a potential price surge if INJ breaks the critical resistance level.
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