 Hello and welcome to Make Money Territory. In this video, we will be talking about the latest update on iEng. Injective's AI-focused technology is becoming increasingly popular in the DeFi industry. As evidenced by the significant growth and market capitalization of AI-focused tokens like FET and GRT, Injective is a cosmos-based blockchain that combines AI technology with DeFi. Its DApps can use AI algorithms to improve market efficiency and optimize decisions for users, such as trades on decentralized exchanges. According to CoinMarketCap, the total market capitalization of AI-focused tokens like FET and GRT has increased by over 1500% and 450% respectively since the beginning of 2021. This growth can be attributed to the increasing popularity of AI technology in the DeFi industry. Injective's native token, INEJ, has surged by 2,564% since the start of 2023, driven by growing anticipation of a wider altcoin rally and the trend of airdrop farmers. Investors have been flocking to the injective blockchain as its native token, INJ has surged to an all-time high of $39.15, representing almost 3,000% increase since the start of 2023. Injective's AI-focused technology is becoming increasingly popular in the DeFi industry, as evidenced by the significant growth in market capitalization of AI-focused tokens like FET and GRT. Injective is a cosmos-based blockchain that combines AI technology with DeFi. Its DApps can use AI algorithms to improve market efficiency and optimize decisions for users, such as trades on decentralized exchanges. According to CoinMarketCap, the total market capitalization of AI-focused tokens like FET and GRT has increased by over 1500% and 450% respectively since the beginning of 2021. This growth can be attributed to the increasing popularity of AI technology in the DeFi industry. Another factor contributing to INJ's surge is the trend of airdrop farmers who move from blockchain to blockchain in search of freshly minted token airdrops. Many projects built on top of Injective have confirmed an airdrop, which has attracted traders looking to scoop up these new tokens. According to The Zangle, an estimated $1.6 billion in cryptocurrency has been distributed through airdrops in 2021 alone. This trend has become increasingly popular in the DeFi industry as it provides an opportunity for traders to earn additional tokens without having to invest significant amounts of capital. To conclude, the DeFi industry continues to grow and evolve. We will likely see more blockchains and projects incorporating AI technology into their platforms. According to a report by Deloitte, the global AI market is expected to reach $126 billion by 2025, up from $6.05 billion in 2018. As a result, we may see further growth and adoption of INJ and other AI-focused tokens in the future. The revolutionary artificial intelligence, AI-focused finance injective, INJ, reached an important milestone today with its token price hitting an all-time high of $39.97. This also marked a significant surge. Amidst this fluctuation, INJ whales preferred to take profits, benefiting from a strong weekly gain of 64%. While Bitcoin was trading sideways last week, INJ displayed an impressive rise, showing an increase of 147% over the past month and 64% over the previous week. This rise occurred despite the profit-taking activities of large wallet addresses, highlighting INJ's resilience and independent market dynamics. Despite a correction down to $36 from the peak, on-chain metrics for INJ remain optimistic and predict further potential price increases. Notable transactions, especially those valued over $100,000, showed an increase from December 4th to December 19th. This is consistent with the profit-loss metric on the network indicating that INJ holders strategically benefited from token sales in December, contributing to the token's strong performance. When examining supply dynamics, it is observed that the presence of the token on exchanges increased between December 17th, 19. However, compared to the last six months, the supply remained relatively restricted. Despite a marginal increase in entries to exchanges, selling pressure is expected to remain stable, avoiding any significant increase. The network growth metric for injectives showed a notable rise, reflecting the upward trajectory of INJ price increases. This underlines a positive outlook for injective and points to a potential for sustainable growth. In conclusion, injective's recent peak of $39.97, an all-time high, reflects its resilience and market dominance. On-chain metrics marked by profit-focused transactions and favorable supply dynamics point to a solid foundation for sustainable growth. As network growth aligns with the bullish narrative, the altcoin INJ appears to be well-positioned for a consistent rise in the dynamic cryptocurrency environment. Injective is a blockchain built for finance. It is an open interoperable Layer 1 blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more. Injective uniquely provides powerful core financial infrastructure primitives that applications can leverage, including a fully decentralized MEV-resistant on-chain order book. In addition, all forms of financial markets such as spot, perpetual, futures, and options are fully on-chain. The decentralized cross-chain bridging infrastructure is compatible with Ethereum, IBC-enabled blockchains, and non-EVM chains such as Solana. Injective provides the most advanced next-generation financial infrastructure for building DeFi applications on top of the injective blockchain. Users can access these applications in a fully decentralized, fast, cross-chain, low-fee, and secure manner. Some of Injective's key elements include Layer 1 smart contract blockchain. Injective provides a start-of-the-art interchange L, one that is able to achieve ultra-fast speeds while charging zero gas fees. Unlimited DeFi applications, Injective allows anyone to build DeFi applications with Injective's robust infrastructure and financial primitives such as an on-chain order book. Injective, INJ, has appreciated more than 30 times in value this year, and the INJS team initiated the minting process as a result of the growing inscription enthusiasm. Initially, INJ Coin supported this initiative through its official account, but a few minutes ago it published an important warning advising investors to be cautious of the INJS team. 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