$INIT Hello, bunch of determined investors! 🌵 Let's have a chat about INIT (INIT/USDT) that is making quite a stir (and causing cold sweats with this recent drop of over 13% to $0.71!).
This little one is ranked 350, with a market value of about $108 million. But what really got me was the Volume/Market Cap: over 120%! It's people buying and selling like crazy! This shows a hell of an interest, but it also raises a red flag for volatility. The price can change in the blink of an eye, faster than a package of couscous on a hungry day! 🔥
But hold on, there's more to this story: Only about 15% of the INIT coins are on the market! The rest (about 850 million tokens!) is kept away. If this bunch of coins decides to show up in the market, hold on tight, because the price could take a hit! 📉
The thing is new, hit $1.44 the other day (05/13) and already visited $0.54 (05/07). What a heart-stopper!
So, what's your bet for INIT? Is it going to shoot up like a rocket on Saint John's night or is it going down the hill? Leave your comment down below, tough guy! 👇
#INIT #USDT #Binance #Crypto #Analysis #Investment #KeepAnEye #Volatility
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