$INJ spiked nearly 20% to $3.58 before easing, reflecting strong momentum around key upgrades.

The token of Injective gained on IIP-619 approval and today’s mainnet upgrade, enhancing EVM architecture and RWA integration with Chainlink. Volume surged ($14M+), with notable whale accumulation and recent token burns supporting tokenomics.

Technically, trend structure is bullish, but RSI (6) above 90 signals extreme overbought conditions. Price rejection toward $3.30 shows short term resistance near $3.60, with support around $3.00.

Sentiment is optimistic, though rapid gains raise pullback risk.

$PROM

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PROM
PROMUSDT
1.268
+1.19%