#INIT Token — Brief Overview + Price Forecast After Listing on Binance
What is $INIT?
INIT is the native token of the Initia project, a modular L1+L2 network built on the Cosmos SDK with Move VM support. The project focuses on creating independent blockchains and interchain applications.
Key Features: • Modularity and Scalability
• Cosmos + Move Support
• Ease of Launching Custom Networks
Tokenomics of INIT (at the time of TGE):
• Total Supply: ~1 billion INIT
• Circulating Supply: ~100–150 million INIT
• Use Cases: gas, staking, governance, network security
Price Forecast After Listing on Binance: • At Launch: $0.80 – $1.50
• First Week: $1.20 – $2.50
• Long Term (6–12 months): $3 – $5
Conclusion: INIT could replicate the success of Celestia and Dymension. Support from Binance Labs and a strong technological foundation give the project serious potential.