Interesting to look at the correlation between Injective's active user base and token price movement lately. The metrics aren't painting the picture you'd expect though—turns out active users and price action are moving in opposite directions. Bearish disconnect between on-chain activity and market sentiment right now. 😅
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Interesting to look at the correlation between Injective's active user base and token price movement lately. The metrics aren't painting the picture you'd expect though—turns out active users and price action are moving in opposite directions. Bearish disconnect between on-chain activity and market sentiment right now. 😅