$INIT / $USDT Showing Signs of Life After a Downtrend? 🤔
Taking a look at the $INIT / $USDT 4-hour chart on Binance. We're seeing a slight positive movement in the last 4 hours, up +0.44%, bringing the current price to $0.8204. However, the overall daily change is still down by -1.85%. This looks like a relatively New listing in the Layer 1 / Layer space.
The 24-hour high reached $0.9857, while the 24-hour low touched $0.7700, indicating significant intraday volatility. The 24-hour volume for $INIT is 149.02M.
Looking at the recent performance, today is down by -1.36%. The 7-day, 30-day, and 90-day data are currently showing "--", likely because it's a newer listing and hasn't accumulated enough trading history for those longer timeframes. Similarly, the 180-day and 1-year data are also "--". This lack of historical data⬇️ makes trend analysis more challenging.
Given its recent listing and the intraday volatility, what are your initial thoughts on INIT? Do you see potential for growth, or is it still finding its footing? Share your insights and predictions below! 👇
