Injective surges 12%! Can AI tokens hit $17? 🚀🤖

Injective (INJ) has recently skyrocketed by 12%, with trading volume soaring by 87%. The daily chart has completed an inverted head and shoulders breakout, showing tremendous momentum! The driving force behind this is the tokenized asset market, which has seen annual trading volumes exceed $2 billion, attracting the attention of both institutions and retail investors alike.

From a technical perspective, it has broken through the 50-day and 100-day moving averages, and holding above the $15 mark is crucial; otherwise, it may be pushed back down to around $12. Market sentiment is through the roof, with over 95% of investors bullish, and media exposure is also giving INJ a boost.

But let's not forget, explosive growth relies not only on hype; the platform's fundamental strength and the overall market conditions will determine if it can sustain this momentum. Otherwise, when the bull market dream fades, the warning of getting cut like chives could come at any moment! 🔥🦈