$INIT open shot
(Initia) jumped about 75% in 24 hours, with trading volume up roughly 8x. The rally came right after Initia paused its rollup network on Nov 9 to investigate an infinite mint attack. Reports say the INIT token itself could not be minted, the Layer 1 chain stayed online, and the loss was limited to external tokens on the network. A sharp pump after a security incident is risky, so avoid chasing the candle. Wait for confirmation, use a stop loss, and do your own research. Not financial advice. $INIT #Initia #crypto
(Initia) jumped about 75% in 24 hours, with trading volume up roughly 8x. The rally came right after Initia paused its rollup network on Nov 9 to investigate an infinite mint attack. Reports say the INIT token itself could not be minted, the Layer 1 chain stayed online, and the loss was limited to external tokens on the network. A sharp pump after a security incident is risky, so avoid chasing the candle. Wait for confirmation, use a stop loss, and do your own research. Not financial advice. $INIT #Initia #crypto
