$INIT BUY IN SPOT
The Initia (INIT) token, recently introduced as the 68th project on Binance Launchpool, has garnered significant attention due to its innovative approach to appchain deployment and liquidity enhancement
๐ Current Market Performance
๎As of April 24, 2025, INIT has been listed on multiple major exchanges, including Binance, Bybit, Gate.io, KuCoin, and MEXC Binance Futures, INIT is trading at approximately $0.7478, experiencing a slight decrease of 0.8% Pre-market trading on platforms like Gate.io and Bybit showed INIT prices ranging between $0.69 and $0.75, indicating a stable entry point supported by actual trading data
๐ฎ Price Predictions
Analysts have provided varying forecasts for INIT's
Conservative Estimate Considering current market volatility and macroeconomic factors, a realistic listing price is projected between $0.30 and $0.40. This aligns with post-launch strategies observed in similar projects like Arbitrum and Optimism
Mid-Term Outlook Assuming moderate growth and adoption, INIT's price could stabilize between $0.40 and $0.65. This range accounts for factors such as demand from Binance Launchpool, broader market sentiment, and the token's utility post-launch
Bullish Scenario Drawing parallels with Kaito, another modular project with a similar token supply, INIT could potentially reach a price point of $1.38 or higher, contingent on strong community engagement and ecosystem development
โ๏ธ Tokenomics and Distribution
INIT has a total supply of 1 billion tokens, with an initial circulating supply of approximately 148.75 million (14.88%) at the time of listing on Binance The token distribution includes allocations for staking rewards, airdrops, and marketing reserves, aiming to foster long-term decentralization and ecosystem growth
๐ Binance Promotion
To celebrate INIT's listing, Binance has launched a promotion offering a share of a 1,000,000 INIT prize pool to eligible users who trade INIT between April 24 and May 1, 2025. Rewards are distributed based on trading volume, with higher #INitOnBinance 