{"id":9588,"date":"2025-09-02T18:53:16","date_gmt":"2025-09-02T18:53:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/inj-price-at-risk-of-a-crash-despite-100m-injective-fund-launch\/"},"modified":"2025-09-02T18:53:21","modified_gmt":"2025-09-02T18:53:21","slug":"inj-price-at-risk-of-a-crash-despite-100m-injective-fund-launch","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/inj-price-at-risk-of-a-crash-despite-100m-injective-fund-launch\/","title":{"rendered":"INJ price at risk of a crash despite $100m Injective fund launch"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>INJ price rose by 3.6% on Tuesday, Sept. 2, as investors cheered the ongoing growth of the Injective Digital Asset Treasury, which will be used to accumulate the token.<\/p>\n<div id=\"cn-block-summary-block_ea1abacef81ad20221b45d04fac0ce74\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Injective price could be at risk of a drop in the near term.<\/li>\n<li>It has formed a rising wedge chart pattern on the daily chart.<\/li>\n<li>The Injective Digital Asset Treasury with $100 million was launch.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Injective (INJ) rose to $12.90, up by over 4% from its lowest point this week. It remains down by over 60% from its highest point in November last year.<\/p>\n<p>INJ price rose after the Injective Digital Asset Treasury, which has $100 million in assets, continued to attract investors. Some of the top companies include FalconX, Monarq, Canary Capital, and Kraken. These firms manage over $30 billion in assets under management.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The $100 Million Injective Digital Asset Treasury has attracted investments from major institutions across both traditional finance and crypto.<\/p>\n<p>All net proceeds will be used to accumulate <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$INJ<\/a> directly from secondary markets.<\/p>\n<p>Investors in the round include FalconX, Monarq,\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/S7qrjMcAo3\">pic.twitter.com\/S7qrjMcAo3<\/a><\/p>\n<p>\u2014 Injective \ud83e\udd77 (@injective) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/injective\/status\/1962909546533306428?ref_src=twsrc%5Etfw\" target=\"_blank\">September 2, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The launch comes as more companies are accumulating cryptocurrencies. There are over 100 public companies with almost 1 million Bitcoin (BTC) in their holdings. Companies have also bought top tokens like Ethereum, Tron, and XRP.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>INJ price also reacted to the potential for a spot Injective ETF. The SEC has opened the comment period for the INJ ETF, a move that would lead to more demand for the coin.<\/p>\n<p>The challenge, however, is that Injective remains a small player in the crypto industry. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/injective\" target=\"_blank\">DeFi Llama data <\/a>shows that the network has a total value locked of just $80 million, down from over $158 million last year.\u00a0<\/p>\n<p>Injective handled just $898,000 in decentralized exchange volume in the last 24 hours, while the stablecoin volume stood at $26 million.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">INJ price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Injective price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily time frame shows that the INJ price peaked at $16.46 in August and then dropped to a low of $12.1. It has moved slightly below the 50-day and 100-day exponential moving averages.<\/p>\n<p>Injective has also formed a rising wedge pattern, comprising two ascending and converging trendlines that are about to meet. The two lines of the MACD have moved below the zero line, a bearish sign.<\/p>\n<p>Therefore, the token will likely have a bearish breakout, potentially to support at $10, down about 21% from the current level. The alternative scenario is that the coin rises and retests the upper side of the channel at $16.46.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>INJ price rose by 3.6% on Tuesday, Sept. 2, as investors cheered the ongoing growth of the Injective Digital Asset Treasury, which will be used to accumulate the token. Summary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=9588"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9588\/revisions"}],"predecessor-version":[{"id":9589,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9588\/revisions\/9589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1319"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=9588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=9588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=9588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}