Why Injective’s (INJ) Final Unlock Is Something to Keep an Eye On

• The last set of the locked INJ tokens would hit the market by January 21.
• An analyst noted that INJ had formed a bullish flag and might surpass $60.
• INJ needs to breach the $40.28 resistance to confirm the breakout.

Layer-one blockchain Injective (INJ) is gearing up for the final phase of its token unlock, the Token Unlocks handle on X disclosed. According to the post, INJ would be fully unlocked on January 21.

With 3.66 million tokens set to be released, the unlock would mean that 100% of the total INJ supply would be in circulation. 

INJ Prepared to Rally, Analyst Says

At press time, about 83.75 million INJ tokens were in circulation. So, if the 4.35% enters the market, the entire circulating supply would be 100 million. 

Furthermore, the token unlock would give market participants who have missed INJ’s impressive run to have…

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