$INIT Lands on Binance at $0.62, Kicking Off a Modular Blockchain Journey
Initia, a Cosmos-based blockchain blending Layer 1 (Initia) and Layer 2 (Minitia) via Optimistic Rollups, hit Binance today, April 24, 2025, trading at $0.62.
With an initial circulating supply of 148.8M $INIT (14.9% of 1B total), it boasts a $92.2M market cap and a $620M fully diluted valuation. Backed by $24M from heavyweights like Delphi Ventures, Hack VC, and Theory VC across four funding rounds, Initia’s poised for growth.
The initial token split includes 5% for airdrops, 3% for Binance Launchpool’s community, and the rest fueling founders, ecosystem, and marketing. Long-term, 25% goes to staking and liquidity, 25% to VIP incentives, 15.25% to VCs, 7.75% to founders, 15% to the dev team, with the remainder earmarked for ecosystem support.
What’s your bet—will Initia’s modular approach make it a game-changer in the Cosmos ecosystem?
