$INIT
INIT had a huge price jump this week — from $0.20 to almost $1. That’s nearly a 5x increase, which shows high volatility.
Trading volume is very strong, especially for a new or hyped project. This usually means strong demand, possibly driven by launch excitement, news, or speculative buying.
In the short term, INIT looks very bullish. But after such a big move, there could be sharp pullbacks or high volatility ahead.
If you're already holding, watch closely around the $1.00 level for signs of a reversal.
If you're thinking of entering, waiting for a dip or some price stability might be the smarter move.