Current situation (July 3, 2025):
- Price: ~0.00043–0.00045 USD (based on current data).
- Context: INIT is the token of InitVerse, a platform on BNB Chain focused on decentralized cloud computing and AI in Web3. Launched in 2024, it focuses on infrastructure for dApps and asset tokenization. Market capitalization: ~4–5 million USD (rank ~1000–1500). Trading volume: ~1–3 million USD/24h. Circulating supply: ~10 billion INIT, max: 100 billion. Recent growth of 10–15% is related to listing on Bitget and AI hype.
Technical forecast for 2026 (based on analytics):
- Prices:
- Optimistic: 0.001–0.003 USD (growth of 130–600%) in a bull market and success of AI/Web3.
- Neutral: 0.0006–0.001 USD (growth of 40–130%).
- Pessimistic: 0.0002–0.0003 USD during correction or low activity.
- Levels:
- Support: 0.0004–0.00042 USD, 0.0002–0.00025 USD.
- Resistance: 0.0005–0.0006 USD, 0.0008–0.001 USD.
- Trend: Bullish on daily charts (RSI ~60–70, 50 MA above 200 MA). Weekly chart shows consolidation (MACD neutral). Breaking 0.0006 USD may signal growth.
Fundamentals:
- Growth drivers:
- AI and Web3: InitVerse provides cloud solutions for dApps, supporting AI development.
- Listings: Bitget, MEXC, potentially Binance, increase liquidity.
- Community: Positive on X (@InitVerse, @BitgetWallet) emphasizes integration with BNB Chain and AI hype.
- Staking: APR ~5–15% (pools expected to launch).
- BTC halving (2024): supports altcoins in 2025–2026.
- Partnerships: BNB Chain, Chainlink (oracles), potential with xAI.
- Risks:
- Regulation: SEC may classify INIT as a security.
- Volatility: low market cap (~5 million USD) is vulnerable to whale manipulation.
- Competition: Akash Network, Render in decentralized computing.
- Unlocks: ~10 million USD in 2025 may pressure the price.
- Limited visibility: project is new, little data on TVL (~1–5 million USD).
Recommendation:
- For investors: Buy on correction to 0.0004–0.00042 USD, stop below 0.0002 USD. Target: 0.0008–0.001 USD. Staking (if available) for income.
- For traders: Buy on breaking 0.0006 USD, target 0.0008–0.001 USD. Sell below 0.0004 USD, target 0.0002–0.00025 USD.
- Risk: 0.5–1% of deposit due to high volatility, low liquidity, and the project's youth.
Risks: Regulation, competition, unlocks, decline of BTC/ETH, low activity.