Talks of possible collaboration between first-layer blockchain Injectable (INJ) and the Fetch.AI (FET) artificial intelligence protocol have sparked optimism in the crypto community. According to some analysts, the partnership will be a positive development that could strengthen the short-term bullish trend.
According to experts from Altcoin Buzz, kriptovalyuta INJ has shown resilience over the past month despite market fluctuations. In the first half of October, Altcoyin grew by almost 30%. However, the crypto asset then lost its advantages.
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Friday's cryptocurrency market crash sent INJ below its October opening level, sending the price down 16% to $17,11. The asset later recovered and is now trading at $18,30.
Despite the pullback from early October, analysts believe that INJ will remain bullish, including thanks to the cooperation with FET. A breakout above $35 will confirm the growth and could trigger a sustainable bullish trend for the altcoin. According to INJ enthusiasts, the asset could outperform the market next year.
The collaboration will also benefit FET, the native cryptocurrency of the Fetch.ai AI protocol. Investors are optimistic about the rising asset, expecting it to break out following Bitcoin's rally.
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If a quorum can be achieved and the collaboration between INJ and FET is approved, it will improve interoperability between blockchains, simplify asset transfers, and strengthen the project ecosystems.
