INJ Plummets 12% Overnight—Smart Money Buying the Dip?

Blood in the streets—or just another crypto fire sale?

Injective's native token INJ got wrecked with the broader market, nosediving 12% in 24 hours. The question every degenerate trader's asking: Is this the capitulation moment before the next leg up?

Technical carnage meets opportunity

Chartists are eyeing key support levels like vultures circling wounded prey. That 12% haircut smells like fear—and nothing makes crypto sharks salivate more than retail panic.

Meanwhile, the 'fundamentals are strong' crowd keeps chanting about institutional adoption. Because nothing says 'mature asset class' like double-digit daily swings, right?

Greed index flashing buy signal?

History shows these dips get bought fast in bull markets. But with crypto, 'history' means roughly three data points stretched into a convincing narrative.

One hedge fund manager (who definitely isn't trying to dump bags) told us: 'This is healthy consolidation.' Translation: They need greater fools to offload onto.

Time to back up the truck—or watch the wreckage?