Binance Launches $INIT on Launchpool

Binance has introduced Initia ($INIT) on its Launchpool, allowing users to farm $INIT tokens by staking $BNB, $FDUSD, or $USDC. Backed by Binance and incubated during its $25 million funding round, Initia is already drawing attention. But the big question is: will the Launchpool ignite a buying frenzy, or are pre-market valuations already running too hot?