【Market Alert】INIT plunges nearly 59%
Initia fell nearly 59% in 24 hours, with trading volume of about $36 million over that period. The trigger was the second theft incident confirmed yesterday, in which assets worth about $3.27 million were stolen—the second such incident in three weeks. Security concerns have weighed on the token’s price. On the same day, ONE fell more than 17%, while PEPE dropped over 14%, with smaller tokens broadly under pressure. Short-term selling pressure remains heavy. Watch for updates on the project team’s response. What do you make of this sharp drop?
$INIT $BTC $ETH
#币安广场 #INIT #MarketAlert
(Source: Binance market data)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.
Initia fell nearly 59% in 24 hours, with trading volume of about $36 million over that period. The trigger was the second theft incident confirmed yesterday, in which assets worth about $3.27 million were stolen—the second such incident in three weeks. Security concerns have weighed on the token’s price. On the same day, ONE fell more than 17%, while PEPE dropped over 14%, with smaller tokens broadly under pressure. Short-term selling pressure remains heavy. Watch for updates on the project team’s response. What do you make of this sharp drop?
$INIT $BTC $ETH
#币安广场 #INIT #MarketAlert
(Source: Binance market data)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.
