🚀 INIT (Initia) Set to Launch on Binance – April 24, 2025 (Do read important )
INIT is making waves in the crypto community as it prepares for its Binance debut. With a premarket price around $0.7230 and an FDV nearing $700 million, the anticipation is palpable.
Key Details:
Launch Date: April 24, 2025, at 11:00 a.m. UTC
Launch Date in IST (Indian Standard Time):
April 24, 2025, at 4:30 PM IST
(Most important Point )
Initial Circulating Supply: ~148.75 million INIT
(Most important Point )
Total Supply: 1 billion INIT
INIT (Initia) – Buy Recommendation Analysis (Premarket)
Current Premarket Price: ~$0.723
Launch Date: April 24, 2025, 4:30 PM IST
Initial Circulating Supply: ~148.75 million (14.88% of 1B total)
Estimated FDV: $600M–$700M
Buy Recommendation? → Cautious Buy (Short-Term Opportunity)
Reasons to Consider Buying (Short-Term):
Strong Hype: INIT is the 68th Binance Launchpool project — typically associated with high launch-day volume.
Low Circulating Supply: Only ~15% of tokens are in circulation, which often creates upward price pressure during initial hours.
Market Sentiment: Bullish MACD crossover and healthy RSI suggest short-term growth is likely.
Risks:
FDV is High: At $700M, INIT is already priced aggressively compared to some established Layer 1s.
Mainnet Not Live: The token is valued ahead of actual ecosystem utility, making it speculative.
Post-Launch Dump Risk: Early investors may sell during the first 24–48 hours.
Recommendation:
Traders: A short-term buy at launch (below $0.75) with tight stop-loss (e.g., $0.68) and sell target near $0.85–$0.90 could be profitable.
Investors: Wait for post-launch correction and evaluate once mainnet or ecosystem activity becomes visible.
