INIT plunged 38.4% to 0.163 USDT, while BTC moved just -0.3% to 73,578 USDT over the same period. 🏦 $BTC

First, the daily range was wide: from 0.1603 to 0.395, meaning the price tested both directions over 24 hours.

Second, trading volume reached 49.6 million USDT—a high volume indicating that the move was driven by actual trading, not thin liquidity.

Third, the drop wasn’t unique to INIT: ZEC fell 15.9%, UNI 7.5%, and PEPE 7.1%, while BTC remained nearly flat.

Headlines linking INIT to GTA 6 have not been confirmed by Rockstar, and this interpretation remains unverified.

What matters: If trading remains heavy near the bottom of the range, volatility may stay high, and momentum traders are likely to keep watching both directions.

Bottom line: The wide range and 49.6 million USDT in volume mean both sides were active, not just one.

Do you think 0.1603 is a floor that will hold, or was 0.395 a peak we won’t see again? 👇

#INIT #Altcoins

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This content is for informational purposes only and is not financial advice.

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