$INIT Stay Calm Before the New Coin Dip!!!
The establishment of INIT is aimed at realizing the vision of application chains. It connects the native aggregated interconnection system, a unified multi-chain product suite, and the economic system that brings these chains together by building L1.
Today, with the launch of spot trading, there’s a wave of selling pressure, and the U-based perpetual contract trading has transitioned to the standard version.
Contract Suggestion: At this stage, it's easy to get trapped if you enter long positions. The enthusiasm for the new coin's launch will maintain selling pressure for 2-3 days, so you can wait for a break below support to enter short positions.
Spot Suggestion: Wait for enthusiasm to decline and the market to stabilize before entering.
Specific entry points will be announced in the community. Leave a comment with 111 below 🚗