Call back a bit on init (not wide @initia
Lowest point 0.54 matches my judgment
XD It's quite satisfying to ride the waves back and forth
Recently found that many institutions don't hedge to lock in profits XD
Why not follow my tweet analysis 😂
$INIT Brief Analysis (Non-Promotion)
@initia
Launches on Binance at 19:00 sharp
Still focused on Ethereum Layer 2 protocol. Personally, I believe this sector only holds exit value.
Investors include HackVC, Delphi, and Binance Labs, primarily categorized as Series A funding.
Anchored at $14 million raised with a valuation of $350 million.
Institutional price is approximately $0.35 per token, while the community round raised only $2.5 million at a price of about $0.25 per token.
The community round is expected to unlock 50% of tokens at TGE, leading to significant selling pressure. Pay attention to the specific opening price. Currently, the highest opening price is $0.85, which is a high start.
Primary market participants should aim to lock in profits above $0.50 for relative reliability.
Secondary market participants can attempt low-leverage short positions at higher prices, taking profits below $0.50.
Those optimistic about the project can consider accumulating below $0.40.
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