【INIT, which surged after being hacked and halting its chain, crashed! It plunged from $0.395 to $0.148 in half a day, down more than 60%】
Initia’s mainnet remains halted after being hacked for the second time in three weeks, with no restart date set. Binance spot INIT briefly hit around $0.395 shortly after 1 p.m. on November 11 (Beijing time), then fell steadily. It is now around $0.148, down about 62% from its high and 46% in 24 hours.
$INIT
#Initia #INIT #Hacker attack
Initia’s mainnet remains halted after being hacked for the second time in three weeks, with no restart date set. Binance spot INIT briefly hit around $0.395 shortly after 1 p.m. on November 11 (Beijing time), then fell steadily. It is now around $0.148, down about 62% from its high and 46% in 24 hours.
$INIT
#Initia #INIT #Hacker attack