A simplified and updated analysis of the code $INIT Initia (INIT), which represents the backbone of the Initia network:
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🔍 Overview
Current price: around $0.40–$0.41, up approximately +9–14% over the past 24 hours, according to CoinMarketCap and CoinGecko (~ $0-30.4085 ±1%)
Market cap: approximately **$60–65 million **293-2, with daily trading of about $40–50 million, and a total supply of 1 billion INIT, of which ~161 million are circulating (~16%)
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🏗️ What is Initia and what is the role of INIT?
497-0Initia is a Cosmos SDK network that combines Layer‑1 with a set of customizable rollups (Interwoven Rollups), aimed at eliminating the fragmentation of application chains across a shared environment
741-0The INIT token is used as gas for transactions, a means to secure the network through staking and "Enshrined Liquidity", and settlement fees between Appchains, and is granted through a VIP program for users and developers
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🔢 Tokenomics
Total supply: 1,000,000,000 INIT
Distribution:
Liquidity & staking: 25%
VIP Rewards: 25%
Investors/Team: ~30%
Binance Launch: 6% (fully unlocked)
961-5Airdrop: 5% immediately unlocked
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📉 Recent price movement
The price dropped about ‑18% over the past week and about ‑24% over the last month, after reaching a peak price near **$1.45 in May 2025 **
1426-0This indicates a market correction phase following institutional launch momentum and the announcement of the mainnet
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#EthereumTurns10 #ETHCorporateReserves #BinanceHODLerTree #DELABSBinanceTGE #BNBATH
