Here’s an enhanced overview of the INIT (Initia) token:
📊 Price & Market Data
Current price: approximately $0.41 USD per INIT
24-hour trading volume: about $56 million, with a ~16% uptick recently
Market cap: around $68 million, with 150 million tokens currently circulating out of a total supply of 1 billion
Price range: ATH ~$1.42, ATL ~$0.3886; it currently trades 67% below its peak
🛒 How to Buy INIT
1. Create an account on a supported exchange such as Gate.io, MXC, KuCoin, WhiteBIT, or BitMart
2. Fund your account with fiat (bank transfer, credit/debit card) or crypto (USDT preferred)
3. Buy INIT via spot market using pairs like INIT/USDT or through the exchange’s fast‑trade interface
4. Optional: Transfer INIT to a wallet (e.g., MetaMask or OKX Wallet) for self-custody, staking, or using dApps
🚀 Use Cases & Utility
According to official and third-party sources, INIT offers wide utility across the ecosystem:
Transaction fees: used to pay gas within the Initia layered network
Staking: validators and delegators stake INIT to secure the network and earn rewards
Governance: holders vote on protocol upgrades, parameter changes, and ecosystem treasury decisions
DeFi & liquidity: used in the “Omnitia Liquidity Hub” for liquidity pools, yield farming, and trading
Interchain utility: acts as a cross-chain medium of exchange across interconnected L2 appchains
🔍 Outlook & Context
The token’s fully diluted valuation (FDV) is estimated between $630–700 million
Analysts project that INIT could stabilize around $0.40–0.65 in 2025, with upside to $1–$3 if adoption scales significantly
It’s built as a Layer 1 network with interwoven rollups designed to address scalability and interoperability, positioning the token as an integral infrastructural asset
Feature Detail.
Price (≈) $0.41
Trading pairs INIT/USDT on Gate.io, MXC, WhiteBIT, BitMart; Fast-Trade on KuCoin
Total supply / Circulating 1 billion total, ~150 m circulating
Use cases Gas, staking, governance, DeFi, cross‑chain applications
Outlook $0.40–0.65 base; potential for $1+ with ecosystem growth
✅ Next Steps for You
Dive deeper: explore Chain Explorer (via your exchange or wallet) to track staking, fees, governance votes
Track adoption: monitor upcoming dApp launches, DeFi integrations, and rollup deployments on Initia
Assess risk: crypto is volatile—do your own research and only invest what you can afford.
