"Init coin" usually refers to an "Initial Coin Offering" (ICO), which is the first sale of a cryptocurrency token to raise funds for a project, similar to a stock IPO.
$BNB BNB (Binance Coin) is trading at $605.61 today, up 0.59%. This modest rise follows its listing on Kraken, which introduced new trading pairs like BNB/USD and BNB/EUR, enhancing market access.