INIT Token Surges 12.85% Amid Geopolitical Tensions and High Volume After MEXC Listing

INITUSDT experienced significant price volatility over the past 24 hours, primarily driven by increased geopolitical tensions following reported Israeli airstrikes on Tehran, which triggered a broad sell-off in digital assets. Despite this, INITUSDT rebounded from its intraday lows, with the current price at 0.5742 USDT, representing a 12.85% increase from the 24-hour open of 0.5088 USDT. Trading volumes ranged between 39.67 million and 46.33 million INIT, with USDT volumes between 23.23 million and 24.81 million, indicating elevated market activity amid heightened uncertainty. INIT's recent listing on MEXC and ongoing exchange activity have contributed to its visibility, but the asset remains volatile, with prices still below its historical high of 1.30 USDT from May 2025. Overall, INITUSDT is currently trading with increased volume and significant price swings, reflecting both external geopolitical impacts and ongoing market developments.