#INIT
Initia (INIT) – Market Overview
Current Price: $0.8878 USD
24h Change: +0.18%
Intraday High / Low: $0.9281 / $0.7169
Circulating Supply: ~148.75 million INIT
Max Supply: 1 billion INIT
All-Time High: $7.53 (April 15, 2025)
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Recent Developments
Binance Launchpool: INIT was introduced as the 68th Binance Launchpool project. Users could farm INIT by staking USDC and FDUSD.
Exchange Listings: INIT is now listed on Binance, Kraken, Gate.io, KuCoin, Crypto.com, Bitget, and HTX Global.
Airdrop: 50 million INIT (~5% of total supply) was airdropped to early users and community contributors.
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About Initia
Architecture: Initia is a modular Layer 1 built on Cosmos SDK. It simplifies the creation of interconnected rollups (Minitias).
Token Use Cases:
Gas for transactions on L1 and appchains
Staking for network security
Governance voting
Ecosystem Products: INIT supports multichain rollups and aims for scalability, composability, and high performance.
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Tokenomics Overview
Developers: 15% (4-year vesting)
Investors: 15.25% (4-year vesting)
Staking/Liquidity Rewards: 25%
User/Builder Rewards: 25%
Binance Launchpool: 3% (30M INIT)
Airdrop: 5%
Marketing Reserves: 3%
Echo.xyz Sale: 1%
Foundation Liquidity: 7.75%
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Price Predictions
Short-Term: Could reach $1.00 due to exchange momentum
Long-Term: Estimates suggest $3.00 possible with ecosystem growth
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Key Takeaways
INIT is gaining attention from major exchanges and investors
Ecosystem has strong foundations and active community engagement
Long-term outlook is positive if development and adoption continue
