INIT crypto surges 36% post-launch, edging towards $1 as volume explodes over 45,000%
INIT crypto is riding a wave of explosive momentum as price edges towards $1 fueled by 45,000% surge in volume.
Initia (INIT) price has surged 36% in the past 24 hours, currently trading at $0.90, with trading volume surging by over 45,000% . The rally is fueled by major exchange listings, with the most recent addition being Gate.io, offering both spot and perps.
The project is fresh out of Binance Launchpool, launching yesterday after 6-day farming period through staking USD Coin (USDC), Binance Coin (BNB), or FDUSD, where 3% of the total supply was allocated for rewards. Additionally, 5% of the supply is reserved for airdrops for early users and testers, with the latest airdrop still ongoing and set to conclude at…