Injective (inj) is aiming for a new all-time high, while Bitcoin is increasing to $ 46,000

• The price for injective (inJ) has increased by 14 % in the last 24 hours when the bulls exceeded the $ 40 brand.
• Inj strives for a new all-time high over $ 44, with profits in the middle of a new upward trend for Bitcoin, the BTC increased to $ 46,000.

The price for injective (inJ) has increased sharply due to new impulses. After Bitcoin had increased to over $ 45,000, it seemed as if most old coins were waking up to life, and the native tokens of injective has increased by more than 14 %in the last 24 hours. The trading volume has risen by 61 % to over $ 439 million in the same period.

meanwhile the Bitcoin price was traded near the $ 46,000 mark, which corresponds to an increase of 4 % within 24 hours. BTC achieved a maximum of $ 46,165 on the Bitstamp crypto exchange than the Bitcoin ETF mood increased.

The inJ price increases before the large tokens

During the upward trend near the all-time high of $ 44.57 reached the all-time high, a potentially drastic event can be expected in the next few days.

according to data shared by the TOKENOMICS-InightS platform TOKEN Unlocks, is about its final token frame.

The remarkable event will be activated on January 21, 2024, whereby 3.66 million inJ worth around $ 152 million (at current prices) will be activated. This increases the overall offer of injective to the overall range of 100 million inJ. The unlocked coins will make up about 4.3 % of the circulating offer of cryptocurrency.

🚨 Final Cliff Unlocks notification 🚨

Select your calendar for January 21, 2024 $

get ready for the huge cliff activation.

allocations:
- consultant: - Team: 120.37 million $ $ inj War ... pic.twitter.com/eycyv4hsuc

-TOKEN-FRIEBLES (@token_unlocks) 7. January 2024

While the injective ecosystem is preparing for the considerable influx of tokens, retailers will probably also keep an eye on the general market mood. This is because there is a broader optimistic outlook, since the industry awaits the approval of Spot-Bitcoin ETFs by the US stock exchange supervisory authority Securities and Exchange Commission (Sec).

Although the price is likely to fall because the new offer ensures downward pressure, Inj could benefit from a relaxing market. The desired price levels in the course of a possible pricing will be $ 100 at short notice. On the other hand, an renewed test of primary support could be exposed to less than $ 20.

At the time of writing this article, Injective changed the owner at around $ 42.21 - a little more than 5 % below his ath.