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Injective’s $INJ Surges Over 1300% In 2023, Achieving New Yearly Peak In The Last 24 Hours

Will Izuchukwu by Will Izuchukwu
December 11, 2023
in News
Reading Time: 2 mins read
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In 2023, $INJ from Injective has become a standout cryptocurrency, showcasing an exceptional bullish run with an astounding gain of over 1300% this year alone.

$INJ 1year Chart – CoinMarketCap

Recently, $INJ hit its highest point in the year at $23.19, making strides toward its all-time peak of $25, and simultaneously gaining attention on X (formerly Twitter).

Another day of ninjas trending on X 🥷 pic.twitter.com/1Ve1ijdtze

— Injective 🥷 (@injective) December 11, 2023

Despite the prevailing bearish trend in the broader crypto market, the recent uptick in $INJ’s value is attributed to a strategic collaboration between Injective and Google Cloud. Of course, this partnership aims to bring the Illuminate Hackathon to developers focused on the fastest Layer 1 blockchain tailored for financial applications.

The Injective $INJ & Google Cloud Illuminate Hackathon

The Injective & Google Cloud Illuminate Hackathon serves as a vital launchpad for builders exploring Web3 finance applications, featuring an enticing $100,000 prize pool. Notably, this collaboration offers developers a unique opportunity to unleash their creativity and innovation within the Injective ecosystem.

Need plans for the weekend? 🤨

Injective and Google Cloud are collaborating to bring the Illuminate Hackathon to devs building on the fastest L1 built for financial applications. Deadline coming up!

Details 👇https://t.co/eLNhC1qZ7E

— Injective 🥷 (@injective) December 9, 2023

Also, global developers are invited to participate in the hackathon, where they can craft pioneering Web3 projects capable of revolutionizing the entire blockchain industry.  Of course, this partnership underscores Injective’s commitment to nurturing a community-driven ecosystem, where developers play a crucial role in shaping the future of decentralized finance.

As $INJ continues its ascent toward its all-time high, the collaboration between Injective and Google Cloud not only boosts its market value but also establishes the token as a key player in the evolving landscape of blockchain-based financial applications.

Finally, the Illuminate Hackathon exemplifies the transformative potential that innovative collaborations can unlock within the crypto space.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.

Follow us on Twitter @thevrsoldier to stay updated with the latest Metaverse, NFT, A.I., Cybersecurity, Supercomputer, and Cryptocurrency news!

Image Source: karnoff/123RF // Image Effects by Colorcinch

Tags: AltcoinAltcoinsCryptocryptocurrencyGoogleHackathonINJInjective
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