#tradersleague #INIT

🚀 INIT Coin Market Update – July 1, 2025

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📉 Current Price & Performance

INIT Coin (Initia) is currently trading at approximately $0.412, marking a sharp decline from its all-time high of $1.44, reached on May 13, 2025. This represents a loss of over 70% in less than two months. Over the past 24 hours, INIT is down about 8–9%, with intraday lows near $0.406 and highs around $0.456.

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💰 Market Capitalization & Supply

• Circulating Supply: ~148.75 million INIT

• Max Supply: 1 billion INIT

• Market Cap: Estimated between $60M–$67M

• Fully Diluted Valuation (FDV): Around $407M–$450M

Despite the drop in price, INIT maintains a solid position in terms of active supply and valuation.

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🔍 All-Time Highs & Lows

• All-Time High (ATH): ~$1.44 (May 13, 2025)

• All-Time Low (ATL): ~$0.388 (June 20–22, 2025)

• Current Position: Only 5–6% above ATL, suggesting it’s near bottom support levels.

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📊 Volume & Exchange Activity

• 24h Volume: Between $26M–$71M, depending on the source

• Major Exchanges: Listed on Binance, KuCoin, Bitget, MEXC, and over 30 other platforms

• Liquidity: Still high, with active trading across key markets

This shows continued interest in INIT despite market weakness.

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🧠 Technical Outlook

• Short-Term Trend: Bearish with slight upward fluctuations

• Support Levels: ~$0.388–0.40

• Resistance Levels: ~$0.50–0.52 (short-term), ~$0.89 (medium-term)

Technical analysts are watching closely for consolidation or a breakout.

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🧩 Project Overview

INIT powers the Initia Layer 1 + Layer 2 ecosystem, focused on modular rollups and appchain interoperability. Built using Cosmos SDK and Move VM, the project has technical strengths and long-term potential, but its price action suggests the market is waiting for new catalysts or roadmap updates.

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📌 Key Takeaways

• Trading near ATL with strong volume = potential for rebound or further volatility

• High-risk asset with technical promise