The cryptocurrency Initia ($INIT) is scheduled to launch in approximately 11 hours. It will be listed simultaneously on the exchanges Binance and MEXC, indicating a launch with high visibility and liquidity potential.
The $INIT is a Layer 1 blockchain focused on modularity and interoperability, offering native support for rollups and appchains. Its goal is to facilitate the creation of scalable decentralized applications, with shared infrastructure and aligned economic models. Initia's modular architecture positions it as a direct competitor to projects like Celestia and Cosmos.
Total supply: 1 billion $INIT tokens
• Initial circulating supply: ~148.75 million (14.88% of total)
• Distribution via Binance Launchpool: 30 million tokens (3% of total)
• Estimated launch price: between $0.50 and $0.72, with fully diluted market value (FDV) estimated between $600 million and $700 million
• Confirmed listings: Binance (pairs INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, INIT/TRY) and MEXC
Positive Points
• Simultaneous listing on major exchanges: Binance and MEXC, increasing visibility and liquidity.
• Participation in Binance Launchpool: allows for early acquisition of tokens through staking of BNB, USDC, or FDUSD.
• Focus on modularity and interoperability: aligned with current trends in the blockchain market.
• Significant airdrop: distribution of 50 million tokens to testnet participants and community contributors.
Initia ($INIT) presents a robust technological proposal and is receiving significant support from major platforms, which may indicate potential for appreciation. However, as with any cryptocurrency launch, it is essential to be aware of the associated risks, especially related to price volatility and project maturity.
