“$INIT token will go to $1, invest now” — this is a common phrase tossed around by crypto enthusiasts and investors looking to generate excitement around a new digital asset. The idea is that a token currently trading at a low price (such as $0.01 or $0.10) is expected to surge to $1 soon, potentially turning small investments into massive gains — 10x or even 100x returns.
But these claims are often fueled by hype rather than solid evidence. When a new crypto token hits the market, many people fall victim to FOMO — the Fear of Missing Out — and invest impulsively without doing proper research, hoping to cash in quickly.
In reality, not every token reaches the $1 milestone. To grow in value, a token needs more than just hype — it requires a solid foundation, including a viable project, real-world use case, a skilled development team, and a clear roadmap. Just because a community says it’ll hit $1 doesn’t guarantee it will. While some early investors might profit, many others end up losing money when prices drop.
If you’re thinking about investing in something like the Init token, take the time to do your research. Read the whitepaper, investigate the team behind it, and understand the project’s vision and potential. Don’t invest based on buzz alone — in crypto, big rewards often come with big risks.