$INIT / USDT Long Trade Signal ๐ฆ๐ฆ
Init token has been making waves in the cryptocurrency market with its recent price surge. Here are some key updates:
*Current Price and Market Data:*
- *Current Price:* $0.90 (up 36% in the past day) or $0.5375/$0.5137/$0.4698 (according to different sources)
- *24-hour Trading Volume:* $4.3 million-$9.42 million
- *Market Capitalization:* $76.41 million-$81.2 million
- *Rank:* #546 or #555 on CoinMarketCap
*Recent News:*
- *Binance Launchpool:* Initia's token, INIT, was recently introduced on Binance Launchpool, which has contributed to its price surge.
- *Exchange Listings:* INIT is listed on prominent exchanges such as (link unavailable), Binance, Kraken, HTX Global, Bitget, (link unavailable), and KuCoin.
- *Airdrop Activities:* Initia has allocated 3% of its total supply for rewards and 5% for airdrops to early users, which has generated significant interest in the token ยน ยฒ ยณ.
*Price Predictions:*
- *Short-term:* INIT faces key resistance at $1.03, with potential for a 70-80% surge upon breakout.
- *Long-term:* Initia's price could reach $1.96-$2.51 by 2035, offering a potential +210.00% to +271.00% return from today's price ยฒ ยณ.
*Other Developments:*
- *Inflation Adjustment:* Initia has released a proposal to adjust its annual inflation rate to 1.25% to address high inflation concerns.
- *Staking and Liquidity Rewards:* Initia has a well-structured incentive program to encourage active participation and integration of the token ยฒ ยณ.