The whole chain is down, but $INIT has climbed from 0.19 yesterday to around 0.27, up nearly 40% in 24 hours, while shorts are paying about 0.89%. The team says roughly $3.27 million was transferred out, but not a single INIT was withdrawn, and they plan to make users whole. Comment 1 if you think the bad news is fully priced in; comment 2 if you think the suspension isn’t over and it’ll keep dumping. I’ll check the charts again tonight—follow for updates.
