INJ just got approval to slash its token supply after hitting full emission. On paper, that's a solid move—fewer tokens, less dilution. But here's the thing: the broader altcoin environment is still sluggish, and sentiment matters. With a 472M market cap, INJ faces headwinds from the macro picture. Deflationary mechanics can spark rallies, sure. Yet they don't magically override market cycles or capital flow patterns. Worth watching, but don't expect this alone to spark a breakout when alts are treading water.
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WinterWarmthCat
· 2h ago
The coin burning mechanism sounds good, but currently the entire alt market has no vitality, and it feels a bit too idealistic...
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SatsStacking
· 2h ago
Reducing supply sounds good, but the current altcoin environment is too poor, and this move probably won't be effective.
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FudVaccinator
· 2h ago
The destruction mechanism... sounds great in theory, but in practice? When Bitcoin isn't moving, everything else is pointless.
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LayerZeroEnjoyer
· 2h ago
Reducing supply sounds good, but right now, everything can't withstand the macroeconomic pressure. Let's wait.
INJ just got approval to slash its token supply after hitting full emission. On paper, that's a solid move—fewer tokens, less dilution. But here's the thing: the broader altcoin environment is still sluggish, and sentiment matters. With a 472M market cap, INJ faces headwinds from the macro picture. Deflationary mechanics can spark rallies, sure. Yet they don't magically override market cycles or capital flow patterns. Worth watching, but don't expect this alone to spark a breakout when alts are treading water.