#INitOnBinance $INIT The Logic Behind Today's INIT Jump! 🚀 (+202.25% on its Day 1 of Trading)
🔸 Today, April 24, Initia (INIT) was officially listed for trading on Binance. As you saw in my previous updates, it had an impressive takeoff exceeding +200% in a matter of hours!
Why such a MASSIVE increase just today? The logic is simple:
* It’s a New and Anticipated Token: INIT is not a project that came out of nowhere. It has had prior development and anticipation. Being listed TODAY on a giant platform like Binance generates a lot of attention.
* The “Euphoria” of the First Day: When a token is listed on a major exchange, there is an initial avalanche of buyers wanting to get in early. The demand in the first hours is usually very high.
* Limited Initial Supply: Initially, the number of INIT tokens available for purchase in the market may be limited compared to the demand. High demand + Low supply = Price skyrocketed!
* The Binance Effect: Being listed on Binance gives it enormous visibility worldwide. This immediately attracts a large number of traders and investors.
🔸The +202.25% we saw in INIT today is a classic combination of enthusiasm for a new listing on a major exchange and the strong buying pressure this generates in its first hours of public trading.
It’s a reminder of how dynamic and exciting the crypto market can be, especially with new launches!
⚠️Always remember that these initial movements can be very volatile. Always do your own research.
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