INJ will compete with CEX's?

COINBASE:INJUSD   Injective Protocol
Ever felt like the markets are manipulated? That there are hidden forces manoeuvring prices this way and that, like puppeteers pulling the strings? Regardless of whether this happens or not, the capacity for centralised exchanges or market makers to do so is most definitely real.

Enter decentralised exchanges and more pertinently, Injective Protocol. INJ is a fully permissionless, Binance-backed, finance-centric blockchain, that acts as a platform to trade derivatives, execute smart contracts and build dapps. All transactions and operations are carried out on-chain, reducing manipulation risk and the use of centralised order books.

INJ has already performed a massive 20X in the last 12 months, outperforming the large cap alt-market massively, especially when you consider it has already been through a bull run (admittedly without some major exchanges listing the token). I'm not in INJ, but will be looking for dips to get in on, with the levels above being areas of interest, gradually increasing my buy amount, if it dips more and more.


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