$INIT landing on Binance Launchpool is definitely a big deal, especially with Binance backing it during that $25M raise — gives it some solid credibility right out the gate.
Here’s a quick take:
Bullish signs:
Binance backing: When Binance incubates a project, it usually pumps hard, at least initially — just look at $SAGA and others.
Launchpool exposure: Means easy access for BNB, FDUSD, USDC holders = strong farming interest = initial demand spike.
Market hype: The crypto market's heating up again, so anything shiny tends to get attention.
Caution flags:
Pre-market froth: Some insiders might already be sitting on early allocations with low entry points, which means sell pressure on TGE.
Short-term vs long-term: Could pump hard and dump just as fast unless the project has long-term use or staking incentives.
If you’re thinking of farming it, might be worth jumping in early — just keep one eye on the unlock schedule and the other on how the hype holds post-listing.
Tu ki kehnda ay? Planning to farm or just watching from the sidelines?
#$INIT