INIT - Initia Token - Super Simple
What is it?
INIT is the coin of Initia blockchain. It helps to make new blockchains easily. Used for fees, staking, and voting. Total supply = 1 Billion. Only around 219M in market now.
Current Price:
Around $0.12 - $0.13 today, down around 38% in 24 hours. It was $1.44 at top in May 2025. So down around 91% from top.
For Beginner Trader:
Very risky, price moves fast up/down.
Only trade with small money.
Don't buy because it's falling, wait for stable.
For Professional Trader:
High volume, good for short-term scalping.
Watch support $0.11 - $0.12, resistance $0.20.
Use stop-loss always.
Long Term or Not?
No for most people.
Why? Only 22% supply out, 78% still to come = price can fall more. Plus recent hack news.
Yes only if: You believe in project and can hold 3-5 years and forget money.
Rule: Long term = Only BTC, ETH. INIT = Only short trade. $INIT
What is it?
INIT is the coin of Initia blockchain. It helps to make new blockchains easily. Used for fees, staking, and voting. Total supply = 1 Billion. Only around 219M in market now.
Current Price:
Around $0.12 - $0.13 today, down around 38% in 24 hours. It was $1.44 at top in May 2025. So down around 91% from top.
For Beginner Trader:
Very risky, price moves fast up/down.
Only trade with small money.
Don't buy because it's falling, wait for stable.
For Professional Trader:
High volume, good for short-term scalping.
Watch support $0.11 - $0.12, resistance $0.20.
Use stop-loss always.
Long Term or Not?
No for most people.
Why? Only 22% supply out, 78% still to come = price can fall more. Plus recent hack news.
Yes only if: You believe in project and can hold 3-5 years and forget money.
Rule: Long term = Only BTC, ETH. INIT = Only short trade. $INIT
