$INIT 🟠 INITIA: does the price collapse after the token release?
Today, 2.5 million INIT have been unlocked, equivalent to 0.25% of the total supply, intended for the team and early investors. As often happens in these phases, part of the tokens was immediately sold on the market, causing an increase in selling pressure.
📉 The price reacted negatively, falling below $0.43, after a recent intraday high of $0.53.
📊 This highlights a known issue in projects with active vesting: unlocks create volatility, especially during the post-airdrop price discovery phase.
📌 Eyes on the next support level and the trend of volumes.