$INIT WARNING — STAY ALERT! ‼️

Initia has reportedly halted its mainnet after a security breach involving compromised keys, with approximately $615K transferred without authorization.

But here's what's surprising: despite the security incident, $INIT is still pushing higher!

What's driving this move?

Is it pure hype?

A short squeeze?

Or are traders ignoring the security risks?

Remember: A price pump doesn't mean the security issue is resolved.

Stay cautious, manage your risk, and don't FOMO into the rally! DYOR.