$INIT The price had a huge surge this week, from a low of $0.20 to nearly $1 — almost a 5x move. That’s extremely volatile.
Very strong volume, especially for a new listing or a highly anticipated project. This usually shows heavy demand, possibly from speculative buying, launch hype, or news.
$INIT looks extremely bullish short-term, but after such explosive gains, expect possible high volatility and sharp corrections soon. If you’re holding, watch for signs of reversal around $1.00. If you’re entering, waiting for a dip or consolidation might be safer #BTC