Coin overview
INIT
Ended--
Last price (USDT)
184.68K
24h total (USDT)
1.02M
Total vol (USDT)
2025-04-17 14:00:00 ~ 2025-04-24 10:30:00
Trading time (UTC+0)
2025-04-24 12:00:00 ~ 2025-04-24 16:00:00
Delivery time (UTC+0)
Total supply1.00B
Resources
Introduction
Initia is a network for interwoven rollups — we are holistically rebuilding a new multi-chain world across the architecture, product, and economic stacks using the Initia L1 and an interwoven system of L2s. Initia has the advantage of seeing the faults of many existing multi-chain systems like Cosmos and rollups on Ethereum. Initia builds a L1 in tandem to a system of interconnected L2s, creating a system that is designed for a rollup centric future.
Initia Foundation Opens Application Window for "Unstaking Subsidy Program"
Odaily Planet Daily News: The Initia Foundation has officially announced the launch of its "Unstaking Subsidy Program," which is now open for applications. Eligible users who unstake between June 2 and June 23 at 6:00 AM UTC can apply for partial subsidies to compensate for missed staking rewards. The application window will remain open until 12:00 PM UTC on August 3.
Base Ecosystem Opportunity: Can Compliance-Backed Stablecoins and On-Chain Stocks Unlock a New Narrative?
Original Title: "Refactoring On-chain Narratives: What New Story is the Base Ecosystem Telling?" Original Source: BitMart 1. Recent Ecosystem Changes in Base Since the end of May 2025, Base has seen a noticeable ecosystem "explosion." Metrics such as ecosystem user daily active addresses, TVL, and daily transaction volume have been rapidly increasing. The recent surge in the Base ecosystem is primarily due to the emergence of several popular narratives that have attracted significant market attention. Additionally, from a macro perspective, the optimism surrounding the stablecoin concept in the global stock market due to Circle's listing has spread among investors. Especially in the context of a potentially improving regulatory environment, Base may become a more favored choice for traditional institutions. · Growth in Active Users: The number of active addresses has experienced exponential growth, reaching a historical high of 3.6 million at one point recently. · Rapid TVL Growth: Base's total value locked (TVL) increased from $28 billion in May to a peak near $40 billion, returning to the highest point of the 24-year bull market. · Active On-chain Transactions: Since May, the average daily transaction count has approached nearly 9 million, reaching the highest point of the 24-year bull market. 2. Recent Popular Projects in the Base Ecosystem 1. Virtual: pumpfun+Bn Alpha's Listing Mechanism Ignites Market Frenzy Among the various hot projects in the Base ecosystem, Virtual is undoubtedly one of the most market-focused projects recently. With its innovative listing mechanism, it quickly attracted a large amount of funds and user participation, becoming a core representative of the current Base ecosystem listing narrative. The price of VIRTUAL has surged from $0.5 in mid-April to a high of $2.5 in early June, representing a 400% increase. The core advantage of Virtual's listing mechanism includes: · Extremely Low Listing Price: Each new project raises funds based on a valuation of 42,425 virtuals ($224,000), allowing users to participate at a very low price. There is significant profit potential for users after the project goes live. · Token Linear Unlock: Different from MEME on PumpFun, Virtual's launchpad project does not unlock all tokens after listing. Instead, it follows a transparent tokenomics model with batched unlocking, similar to VC coins. Furthermore, to prevent the project team from dumping the price, the raised funds are not directly handed to the team but injected entirely into the initial liquidity pool. · Low Risk Launchpad: Users participating in Virtual's launchpad projects will receive a full refund if the fundraising is unsuccessful. Additionally, Virtual only launches a few new projects per day, so the overall quality is generally higher than MEME, resulting in low user participation risk. · Reduced Rug Pull Probability: Virtual has set a 1% fee, with 70% of it returned to the project team. This incentive mechanism motivates project teams to improve trading activity rather than engaging in short-term cash-outs, creating a virtuous ecosystem loop. However, as the platform's popularity increased, early users frequently adopted a strategy of selling immediately after listing through the launchpad, aiming for short-term gains. This caused significant selling pressure on new projects, disrupting the overall ecosystem's stability. In response, in mid-June, Virtual introduced the "Green Lock Mechanism," imposing a mandatory lock-up period on launchpad users during which they are not allowed to sell the received tokens. Violations result in the suspension of point accumulation. While this mechanism helps curb early sell-offs and extend the project lifecycle, it significantly alters the original speculative logic. Users are forced to lengthen their profit-taking periods, leading to reduced capital efficiency and a phase of market enthusiasm cooling off. Virtual's price entered a downtrend in mid-June, falling from its peak to $1.69, a drop of over 37%. 2. Kaito: Attention Race Leader Kaito is the leading project in the "Information Finance (InfoFi)" track. Since May, Kaito's price has surged from $0.79 to a peak of $2.41, representing an increase of nearly 205%. Kaito's standout feature is its Yaps module, which "tokenizes user attention" to content posted on X, incentivizing users to create high-quality content around popular projects like Berachain, Monad, Initia, etc. This builds a Web3 dissemination mechanism primarily driven by content. This mechanism significantly boosts community engagement. Coupled with weekly airdrops and leaderboard rewards, users can both "voice out" and "monetize," attracting a plethora of content creators and opinion leaders. This has effectively fueled the growth of social and narrative content on the Base platform. In addition, Kaito has launched the Yapper Launchpad system based on a point ranking system and the AI-driven information network Kaito Connect, achieving a collaborative closed loop of content contribution, point distribution, and project selection. Users can not only earn airdrop eligibility and platform governance rights through Yaps but also participate in project ranking polls and incentive programs for high-quality content, forming a unique "create-to-invest" logic. Kaito Connect provides an open InfoFi network that everyone can participate in, allowing ordinary users to receive due rewards for information contribution. This content-based value anchor model has brought a new narrative to Base, different from traditional DeFi, opening up new imaginative space in the intersection of social and financial integration. Three, Coinbase and Base Future Development Trends In June 2025, the U.S. Senate passed the GENIUS Stablecoin Act, establishing a legislative framework for the U.S. dollar stablecoin. The passage of this act marked the first time that regulators formally recognized the compliance status of digital assets through legislation. In this regulatory context, Coinbase, as a compliant U.S. exchange platform, began its three major strategies. First, by connecting Coinbase with on-chain assets through Base, it serves as a compliant on-chain trading gateway. Second, in collaboration with traditional financial institutions, it issued compliant stablecoins based on Base, enabling traditional financial capital to move onto the blockchain. Third, it established content within the Base ecosystem, including on-chain U.S. stocks, compliant payments, DeFi, AI Agents, etc., to attract traditional capital inflow. Step One, Opening up the Compliance Asset Onboarding Channel—to Bring Coinbase Account Balances into the Base Chain Recently, Coinbase has been promoting deep integration between its centralized exchange platform and the Base chain. It has already introduced the Verified Pools feature, where KYC users can directly use their Coinbase account balances to interact with DApps on Base, without the need for complex wallet switching and on-chain transfer processes. Uniswap and Aerodrome have been announced as its on-chain DEX platforms. Although this feature is still in its early stages, this direction is highly consistent with the trend of many centralized exchange platforms promoting on-chain/off-chain integration. Step Two, Co-Building a Regulatory Stablecoin System with Traditional Financial Institutions: Driving Fiat Funds onto the Chain Building on the on-chain gateway, Coinbase is further collaborating with Wall Street financial giants like JPMorgan Chase to pilot the issuance of "compliant stablecoins" and "deposit tokens" (such as JPMD) on the Base chain. These assets are directly custodied by regulated banks, offering interest income, legal protection, and bank insurance, among other traditional financial attributes, far surpassing the trust basis of typical crypto stablecoins. This move signifies that not only can the U.S. dollar circulate on-chain, but also the core asset structure of the traditional financial system will migrate to digital, transforming Base into the on-chain bearer layer of traditional finance. Step Three: Building a Diverse Ecosystem — Activating the On-Chain Dollar's Demand for Use To enhance the actual usage scenarios of the on-chain dollar, Coinbase is actively driving the diversification of the Base ecosystem, covering multiple dimensions: · On-Chain Stock Trading: Currently applying to the SEC for permission to put stocks on-chain, planning to launch tokenized stock products that will allow users to trade stocks such as Apple and Tesla on-chain, breaking the geographical restrictions of traditional stock markets; · Ecosystem Collaboration with Circle: The launch of the Circle Payments Network (CPN) has provided stronger clearing infrastructure for USDC. As one of the largest stablecoins in the Base ecosystem, this enables DeFi, RWA, or cross-border payment projects on Base to directly access the global stablecoin payment channels, helping Base become a key part of compliant on-chain financial infrastructure. · Global Crypto Payments: Partnered with Shopify and Stripe to integrate stablecoins such as USDC into the e-commerce checkout process, expanding the on-chain dollar's practical application in cross-border settlements; · Compliant DeFi and On-Chain Lending: Guiding DeFi projects such as Aerodrome, Uniswap, and Spark to operate compliantly through KYC modules, providing stable, auditable on-chain trading, lending, and other services to institutions and retail users; · AI Agent and On-Chain New Gameplay like InfoFi: Creating more on-chain innovative gameplay to attract traditional users to participate. Through these three major initiatives, Coinbase has not only built a "fast lane" for compliant asset entry on-chain but also established a complete value loop for the dollar stablecoin — from fiat to on-chain, to on-chain access and circulation, and finally to the landing of real-world usage scenarios. High-Potential Projects in the Ecosystem · Aerodrome: Leveraging Coinbase's integration of the Base chain DEX into the main application, as a flagship project in the ecosystem, Aerodrome is expected to receive continuous and stable institutional liquidity support, further driving its trading volume, TVL, and platform revenue growth. At the same time, holders of the AERO token will receive higher revenue distributions and staking rewards due to platform revenue growth, incentivizing more users to participate in staking and governance, creating a positive feedback loop. · Uniswap: Similar to Aerodrome, as another DEX integrated with Coinbase, Uniswap will also gain more on-chain liquidity through this integration, enhancing its platform's potential earnings to increase the value of the UNI token. · Keeta: A high-performance RWA public chain, focusing on millions of TPS and sub-second transaction confirmation. It has currently passed independent stress tests to verify performance authenticity and has received support from multiple institutions, including former Google CEO Eric Schmidt. Although the coin price has experienced a significant correction, its token is expected to deepen cooperation with Base in RWA compliance direction upon Base listing. · Creator Bid: In collaboration with Kaito, it has released version 2.0, introducing new mechanisms such as staking and IDO, enhancing user engagement, and expanding the creator economy gameplay. The new mechanisms have driven the BID token to break its historical market cap in the short term to $1.5 billion, demonstrating the initial effects of the new mechanisms on user engagement and community enthusiasm. Drawing on the early performance of similar projects (such as Virtual), Creator Bid still has continuous growth potential as it iterates on its features. · Upside: Upside is the first social-oriented prediction market platform on Base, where users can convert X/Twitter, article, and video links into "Content Tokens" and vote and trade with USDC. The platform is currently in the second phase of testing, with about 20,000 X community followers. Although no tokens have been issued yet, Upside has attracted early user participation with its novel design of social prediction and investment mechanisms, positioning itself as a potential new application on Base that combines liquidity and content attributes. Currently, Base is gradually evolving from a "transaction-active" L2 network into a "structurally-integrated" on-chain financial and content infrastructure. From the innovative mechanisms of Virtual and Kaito to Coinbase's promotion of the on-chain dollar value system construction, despite some hot projects facing challenges of waning hype and user speculation behavior in the short term, from a long-term perspective, the narrative sustainability and institutional collaboration capabilities demonstrated by the Base ecosystem imply that it may become the bridge for the next phase of traditional capital entering Web3. For investors, Base is no longer just a hot trend rotation track but a significant specimen to observe the transformation path of the crypto industry towards "compliance, financialization, and practicality."
North Korea Launches Malware to Steal Crypto Wallets Through Fake Job Sites
North Korea-linked hackers are using a new malware to steal crypto wallet credentials from blockchain professionals. Cybersecurity firm Cisco Talos reported the activity on June 19, 2025. The malware is named PylangGhost and is written in Python. It allows attackers to control infected devices remotely and steal browser data and login credentials. The attackers belong to a group called Famous Chollima, also known as Wagemole. Cisco Talos linked the group to North Korea. The hackers targeted job seekers with crypto or blockchain experience. Most of the recent victims were located in India. Cisco Talos said in the report: “Based on the advertised positions, it is clear that the Famous Chollima is broadly targeting individuals with previous experience in cryptocurrency and blockchain technologies.” Fake Crypto Job Sites Spread PylangGhost Malware The hackers created fake crypto job sites that copy real companies such as Coinbase , Robinhood, and Uniswap. Victims received messages from fake recruiters who asked them to visit websites for skills testing. The attackers used this step to gather information about the victims’ systems. Malware Payload Download Commands. Source: Cisco Talos After that, the victims were invited to video interviews. During the interviews, they were asked to enable camera and microphone access. They were also tricked into copying and pasting commands into their systems. These commands pretended to install video drivers but instead installed the PylangGhost malware. Cisco Talos included screenshots of the fake job sites and the malicious commands. The instructions looked like normal technical steps. Malware Targets MetaMask and Password Managers After installation, PylangGhost can take control of the device. It steals cookies and credentials from over 80 browser extensions. These include crypto wallets and password managers such as MetaMask, 1Password, NordPass, Phantom wallet, Bitski, Initia, TronLink, and MultiverseX. The malware is based on an earlier trojan called GolangGhost. Both versions allow remote access and perform tasks like file control, system monitoring, screenshot capture, and browser data theft. PylangGhost also enables the attacker to stay connected to the infected device. Cisco Talos shared command-line instructions used to download the malware. These instructions were provided to victims as part of the fake video interview process. Fake Interview Malware Still Common in Crypto Job Scams Cisco Talos noted that the code structure in PylangGhost does not suggest the use of AI tools or large language models. Manual development was used to build the malware. Comments found in the code support this finding. This is not the first time crypto professionals were targeted through fake job listings. In April 2025, hackers linked to the $1.4 billion Bybit theft used similar tactics. They distributed malware through fake recruitment tests to reach crypto developers. The use of fake crypto job sites and interviews continues to be a method used by North Korean hacking groups. These groups often impersonate companies and run long phishing campaigns aimed at those working in the crypto industry. Cisco Talos included technical data, payload screenshots, and detailed malware behavior in the full report. Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
After their TGE, how did the InfoFi moonshots perform price-wise?
The 2025 Airdrop narrative has quietly been rewritten. In the past, "grinding" relied on speed and diligence, but now this game has entered a new stage — the algorithm era, or rather, the Mindshare era. As a representative product of the InfoFi Network, Kaito AI transforms on-chain social behavior into structured data through a "Yap-to-Earn" model, and through points and leaderboards, guides the redistribution of attention, establishing a brand new "mouth-grinding" logic: no longer just mechanical interaction, but a competition of content, propagation, and algorithmic weight. Many projects, after introducing the Kaito mechanism, have shown a high correlation between social media volume before and after token listing. Social activity is no longer just a promotional outcome but has become a key variable influencing airdrop allocation and market expectations. Here are some known crypto projects that have allocated airdrop shares to Kaito users and Yappers, as well as Kaito's own airdrop situation: Kaito's Own Airdrop Total Supply and Allocation: The total supply of Kaito AI is 1 billion $KAITO tokens, with 33.3% (approximately 333 million) specifically allocated for airdrops, while an initial community and ecosystem allocation of 10% of the tokens. Qualification Criteria: Eligible participants include users who have accumulated Yaps points through social media interactions and content creation, as well as users holding Genesis NFTs at the time of the snapshot. Allocation Basis: Kaito's airdrop aims to incentivize user participation and contribution, distributing based on factors such as Yaps points, Genesis NFT holdings, and contribution to the ecosystem. Many projects choose to collaborate with Kaito, conducting airdrops through the Kaito platform or targeting Kaito Yappers and holders to incentivize community participation and promotion. Here are some examples: Huma Finance (HUMA) Huma Finance plans to allocate 0.5% of the token for rewarding Huma Yappers, while some rewards will also be distributed to the broader Kaito ecosystem to drive PayFi and Huma adoption. Based on X platform's tweet time distribution and event analysis, late May was the most intense period of discussion throughout the year, with multiple positive events driving a surge in social platform activity. In April prior to this, the release of Huma 2.0 and its integration with protocols such as Solana, Jupiter, Kamino, briefly ignited DeFi community enthusiasm. LOUD LOUD launched through an "Initial Attention Offering (IAO)" mechanism, with the entire participation path closely tied to Kaito's product ecosystem. Users are required to make a post mentioning LOUD on the X platform and build on-chain reputation on Kaito to qualify for the IAO whitelist or participate in the public sale. Additionally, LOUD's weekly token fee reimbursement mechanism is also distributed based on Kaito's Mindshare leaderboard. According to the tweet time distribution data analyzed by Grok, June 1st marked the peak of the year in terms of overall activity, with a focus on events such as the token's IAO completion, $LOUD listing on Meteora DEX, leaderboard rewards distribution, and significant price fluctuations all occurring simultaneously. The token experienced a 25.28% plunge within 24 hours of listing, triggering intense debates over whether "Loud is a Meme or part of SocialFi's mainstream." Story (IP) The Story project's airdrop incentives target Kaito Genesis NFT holders and high-quality content creators associated with Story, with rewards based on long-term contribution data starting from 2023. In 2025, Story made a significant impact on X platform with its mainnet launch and $IP token listing, quickly becoming a hot topic. Analysis of tweet timing and core events shows that the mid-February period (February 11th to 27th) was the peak discussion phase of the year, driven by continuous posts from the platform's officials and core users, exchange listings, airdrop events, and synchronized market sentiment releases, collectively propelling the project to high levels of social attention. Berachain (BERA) Berachain distributed 1.25 million $BERA to social contributors, stating explicitly that users eligible for the social airdrop and holding a Kaito Yaps account would receive additional rewards. According to data on the X platform, during the February launch of the Berachain mainnet and the $BERA airdrop period, social interaction and market sentiment simultaneously heated up, marking the peak period of the year in terms of mentions. On the mainnet launch day, Berachain initiated a large-scale airdrop of $BERA (15.8% of the total supply, valued at $6.32 billion) and saw simultaneous listings on multiple exchanges, including Binance, Coinbase, and OKX, with the price spiking to a high of $14.99 within the day. Active trading, airdrop participation, and price volatility collectively drove intense attention on social platforms, with estimated tweet views reaching millions and market-related discussions exceeding 70%. Wayfinder (PROMPT) Wayfinder allocated 40% of its PROMPT token to the community, including 5 million PROMPT designated for the social task plan for Kaito AI. Out of this, 4 million PROMPT was allocated to users reaching the "Emerging Yapper" level (100+ posts) and sharing relevant content, while the remaining 1 million PROMPT was allocated to "Emerging Yappers" with Yaps scores between 0 and 90. KAITO holders also received a 30% bonus. Based on time distribution and discussion density analysis, the mid-April period marked the peak of the annual social mentions for Wayfinder, driven primarily by the official launch of $PROMPT, trading activation across multiple platforms, commencement of airdrop distributions, and Wayfinder's proactive response to MEV attack incidents. Initia (INIT) Initia's airdrop guidelines specify that 5% of the tokens are allocated to active Twitter users, which, aligned with Kaito's incentive mechanism, forms the airdrop portion allocated to Kaito users by Initia. In the first half of 2025, the modular blockchain project Initia, through its mainnet launch, token issuance ($INIT), and endorsement by the Binance Launchpool, briefly held a prominent position on the X platform's trending topics list. Observing the platform's public activities and mainstream crypto media reports, late April appeared as the absolute peak of social mentions, with a series of key events unfolding, including the mainnet launch, $INIT listings on multiple exchanges, airdrop distributions, and a daily trading volume surging to $8.16 billion, rapidly propelling the project to increased market attention and liquidity. From the discussion, it can be seen that the April heat is mainly driven by the three elements of "mainnet release + airdrop + price increase," accounting for nearly 65% of the overall discussion. Moving into May, the focus of the discussion gradually shifted to governance issues, especially the questioning surrounding Proposal 39, triggering widespread community discussions on the transparency of the Initia Foundation's governance. The platform's official responses and proposal revisions have helped maintain community trust. At the same time, $INIT hit a historical high of $1.44 on May 13 and then retraced. As of early June, it was trading at $0.6975, indicating a slight cooling of market heat and a stabilization of social discussions.
Bitget Introduces U-Based AGT Perpetual Contract
Key Takeaways: Bitget launches U-based AGT contract on May 20, 2025. Enhances its derivatives offering amid industry growth. Absence of official statements from key Bitget leaders. Bitget Introduces U-Based AGT Perpetual Contract Bitget’s recent launch of the AGT perpetual contract underscores its strategy to expand in the growing crypto derivatives market, lacking direct funding impact disclosures. Bitget’s introduction of the U-based AGT perpetual contract represents its ambition to broaden its market presence. Bitget continues to enrich its portfolio following previous perpetual launches like INIT and FLOCK. This move further solidifies the exchange’s status in the industry, although specifics on leverage range remain undisclosed. “Despite the buzz around the launch, it appears that the search results did not yield any specific quotes or statements related to the recent launch of the U-based AGT perpetual contract by Bitget.” Bitget’s growing list of derivatives showcases strategic ambition, as the launch of the U-based AGT perpetual contract signals focus on enhancing investor offerings. Coupled with previous contract introductions, this reflects a commitment to diversification and competitiveness. Changes primarily affect Bitget users and AGT holders, potentially boosting transaction volume. Market observers anticipate contract attractiveness due to potential market volatility; however, unpredictability persists. Bitget’s expansion reflects a proactive response to competitive pressures, with systematic introduction of perpetual contracts signifying a drive for market leadership. Despite this, absence of participation from Bitget’s leadership in public discourse leaves speculation on strategic motives. The cryptocurrency exchange landscape remains dynamic. While Bitget advances its derivatives, rival OKX plans to delist some contracts for risk prevention. This highlights contrasting approaches as companies navigate regulatory landscapes and evolving user expectations. Industry analyst predictions hinge on Bitget’s continual portfolio growth shaping market behavior. The evolution could prompt a reevaluation of competitive strategies among other exchanges, fostering intensified focus on product innovation.
Initia: Airdrop Claim Ends in 8 Days, 93% Already Claimed
Initia posted on platform X stating that the Initia airdrop claim will end in 8 days, with 93% of the airdrop already claimed and approximately 3.4 million INIT remaining to be claimed.
Cobie joins crypto investment firm Paradigm as advisor
Jordan Fish, the popular crypto trader better known as Cobie, has joined crypto investment firm Paradigm as an advisor. "He’s always been one of my favorite people in crypto to chat with, so excited to make it official," Paradigm cofounder Matt Huang said Friday in a post on X . "Someday we can convince him to restart UpOnly." Cobie is the founder of Echo, a platform that allows retail investors and crypto community members access to early-stage funding rounds on similar terms to those offered to venture capitalists. It has been used for raises for projects such as MegaETH , Initia , Ethena , and Fogo , The Block previously reported. "We just want to make stuff so that people can fund decentralised projects without selling most of it to one or two entities," Cobie told The Block in February. "Fundraising happens at various stages of a projects lifecycle and we currently only cover the really early stages. There isn’t [in my opinion] a very good way to do a launch sale today." Onchain sleuth ZachXBT joined the firm in February as an incident response advisor. White hat crypto hacker "samczsun" previously joined Paradigm Fund in 2020 as a research partner. "About ten seconds ago, @paradigm have opened an Echo group, which I am pretty pleased about, and I have simultaneously agreed to advise Paradigm -- mostly helping with their public market/liquid fund," Cobie said Friday in a post on X . "I didn't even know Paradigm had a public market fund until yesterday. Will spend some time figuring out which coin I should try to make Matt topblast first." The research-driven Paradigm recently led a $50 million Series A round for decentralized AI project Nous Research.
Altcoins Experience Broad Gains, ETHFI, PNUT, INIT All Rise Over 30%
According to market data, altcoins are experiencing a general upward trend, including: ETHFI with a 24-hour increase of 42.58%, currently priced at $1.096; PNUT with a 24-hour increase of 39.77%, currently priced at $0.467; INIT with a 24-hour increase of 33.37%, currently priced at $1.11; PARTI with a 24-hour increase of 28.92%, currently priced at $0.3406; MUBARAK with a 24-hour increase of 25.29%, currently priced at $0.0545; MOVE with a 24-hour increase of 23.88%, currently priced at $0.2339.
INIT is live! Bullish or bearish? Join to share 3,432 INIT!
🔥 New coin INIT now live on Bitget! Users who hold or have traded INIT are eligible to win activity rewards and share a prize pool of up to 3,432 INIT! You can share your views on INIT’s price predictions, trading experiences, or your next trading plans. First-time posters in Insights can additionally share a prize pool of up to 858 INIT! Additionally, outstanding posts and high-quality comments will be selected for extra rewards, and get official promotion (including a featured spot on the INIT K-line - Insights Community page). 🙋 Join the topic: https://www.bitget.com/insights/topics/details/13407 💎 Prize Pool Requirements: - You must hold or have traded INIT during the activity period. - Posts must include the topic tag and coin tag $INIT. - At least one post must have more than 3 interactions (likes + comments). Activity Period: From 2025-04-24 11:00 UTC to 2025-05-1 16:00 UTC. You can post your insights directly from the coin’s K-line page for more exposure and interactions. Here’s how: Activity Rules: 1️⃣ Participation Prize: Share a total prize pool of up to 2,145 INIT Award Rules: The prize pool increases based on the number of participants. Number of participants Prize Pool Less than 100 143 INIT 100-500 participants 572 INIT 500-1,000 participants 1,144 INIT More than 1,000 participants 2,145 INIT 2️⃣ First-time Poster Prize: Share a total prize pool of up to 858 INIT Award Rules: The prize pool increases based on the number of first-time posters. Number of participants Prize Pool Less than 50 71.5 INIT 50-100 participants 143 INIT 100-200 participants 429 INIT More than 200 participants 858 INIT 3️⃣ High-Quality Post and Comment Prize: - Each post will receive 28.6 INIT Award Rules: 10 selected high-quality posts will each receive 28.6 INIT. To make it easier for you to qualify: - Provide analysis to support your view and show unique insights on INIT’s price movements or predictions. - Data support: Reference relevant market data, charts, or screenshots to strengthen your content’s credibility. - Each high-quality comment earns 14.3 INIT Winning Rules: 10 high-quality comments will be selected, each receiving a 14.3 INIT reward. Terms and Conditions: - Avoid posting duplicate content; copying others’ posts or repeating submissions may result in disqualification. - Rewards will be distributed to winners’ accounts within 7 business days after the event ends. - Posts must be relevant to the event theme. Spam, irrelevant content, or cheating behaviors such as fake accounts or like manipulation will lead to immediate disqualification. For more details, please refer to the: https://www.bitget.com/support/articles/9139373288473-insights-agreement-and-disclaimer. - Bitget reserves the right of final interpretation for this event. For inquiries, please join the official Insights Telegram group ( @BitgetInsightsOfficial).
An investor bought INIT with 2x leverage 15 hours ago, and currently has a floating profit of over $630,000
On April 25th, according to Lookonchain monitoring, investors have taken a long position on INIT with 2x leverage 15 hours ago, with an average purchase price of $0.638. The unrealized profit has now exceeded $630,000.
Bitcoin's next big resistance is $95K— What will trigger the breakout?
Bitcoin’s price rose to a new range high at $94,700 on April 23, its highest value since March 2. Several analysts said the next psychological resistance remains at $95,000, and the price might drop to test support levels below. “The $94K–$95K zone is clearly the resistance to beat,” said Swissblock in an April 24 post on X. The onchain data provider asserted that the next logical move for Bitcoin would be a pullback toward the $90,000 zone to gain momentum for a move higher. “The $89K–$90K zone could be next to test bulls, but with BTC’s structure strength, these dips are for buying.” BTC/USD chart. Source: Swissblock Popular Bitcoin analyst AlphaBTC opined that the asset will likely consolidate in the $93,000-$95,000 range “before pushing higher to take liquidity above 100K.” Several bullish signs suggest that BTC is well-positioned to break above $95,000 in the following days or weeks. Source: CoinTelegraph Futures Market Updates OI remained above $60B for Bitcoin and $20B for ETH markets. Bitcoin Futures Updates Total BTC Open Interest: $65.04B (+2.31%) BTC Volume (24H): $91.61B (-24.45%) BTC Liquidations (24H): $30.06M (Long)/$56.33M (Short) Long/Short Ratio: 51.05%/48.95% Funding Rate: -0.0017% Ether Futures Updates Total ETH Open Interest: $20.84B (-1.95%) ETH Volume (24H): $43.45B (-21.94%) ETH Liquidations (24H): $50.99M (Long)/$9.71M (Short) Long/Short Ratio: 49.76%/50.24% Funding Rate: 0.0061% Top 3 OI Surges INIT: $87.71M (+2,805.30%) LEVER: $16.44M (+295.40%) FLOCK: $4.36M (+263.14%)
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 23:59 UTC today. The project is gaining massive momentum as evidenced by both price action and volume. According to Lookonchain , a trader went long on INIT about 16 hours ago with 2x leverage at an average price of $0.638 and is now sitting on an unrealized profit of over $630K. Someone went long on $INIT 15 hours ago with 2x leverage at an average price of $0.638, and is now sitting on an unrealized profit of over $630K. https://t.co/ccUhvBNQK6 pic.twitter.com/NXgGFAecvS — Lookonchain (@lookonchain) April 25, 2025 Initia combines a Layer 1 chain with an interconnected system of customizable Layer 2 rollups, called Interwoven Rollups. This setup allows developers to launch their own app-specific chains with full-stack customizability, while staying connected to the broader ecosystem. The Initia L1 itself is built on the Cosmos SDK but uniquely integrates the MoveVM, enabling the use of Move smart contracts. Initia also tightly integrates foundational infrastructure like LayerZero for messaging and Celestia for data availability, along with built-in oracles, indexers, and native USDC support. At the heart of Initia is its Enshrined Liquidity mechanism designed to overcome the limitations of proof-of-stake and rollup networks—most notably, the trade-offs between security and liquidity. Typically, in most PoS networks, users must choose between staking their tokens to secure the network and earn rewards or using them to provide liquidity for trading. This creates a dilemma: more staking boosts chain security but limits the availability of assets for liquidity, and vice versa. Enshrined Liquidity removes this trade-off by allowing liquidity positions on InitiaDEX, specifically in INIT-token pairs approved by governance, to double as staking assets with validators. In other words, users can stake their LP tokens and still earn trading fees—while also supporting network security and receiving staking rewards. The INIT token is used for gas fees across both L1 and L2s, and also serves as the base asset for liquidity pools that fuel cross-chain trading.
Bitget Has Launched U-based INIT Perpetual Contract with Leverage Range of 1-20x
According to the official announcement, Bitget has launched U-based INIT perpetual contracts with a leverage range of 1-20x. Contract trading BOT will be opened simultaneously.
Bitget Launches INIT On-chain Earn With 8～11% APR
Bitget Earn is thrilled to announce the launch of INIT On-chain Earn product, offering 8～11% APR. Subscribe now and boost your earnings! >>>Subscribe now<<< How to subscribe: Website: Navigation bar > Earn > On-chain Earn. To subscribe, simply search for the corresponding coin. App: Home > Earn > On-chain Earn. To subscribe, simply search for the corresponding coin. Terms and conditions: You can view and manage your subscriptions by navigating to Assets > Earn > On-chain Earn. Your subscription will start accruing interest at 12:00 AM (UTC+8) on the day after subscription (D+1). If the subscription is made after 12:00 AM (UTC+8), interest will begin accruing on the second day (D+2) Daily interest = interest accrual amount × daily APR ÷ 365 Redeem: Use the Express Redemption and Standard Redemption buttons to withdraw funds anytime after subscribing. If you have any questions, refer to Mastering Passive Profits with Bitget On-chain Earn: A Comprehensive Guide for more details. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
New spot margin trading pair — INIT/USDT!
We are thrilled to announce that Bitget has launched isolated spot margin trading for INIT/USDT. New listing promotion: To celebrate the listing of new coins, Bitget will randomly distribute spot margin interest vouchers or position vouchers to users. Spot margin interest vouchers can be used to offset part or all of the borrowing interest in margin trades. Position vouchers allow users to open margin trade positions without using their own funds. You can claim vouchers in the Coupons Center . References: Three steps to complete Bitget spot margin trading Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users should conduct their own research and invest at their own discretion. Bitget shall not be liable for any investment losses. Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Initia mainnet is online and airdrops are available
Initia announced that the mainnet has been launched and the airdrop application is open. The deadline for claiming is 30 days, until 18:00 on May 24, 2025.
INITUSDT now launched for futures trading and trading bots
Bitget has launched INITUSDT for futures trading with a maximum leverage of 20, along with support for futures trading bots, on April 24, 2025(UTC+8). Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. INITUSDT-M perpetual futures: Parameters Details Underlying asset INIT Settlement asset USDT Tick size 0.0001 Maximum leverage 20x Funding fee settlement frequency Every four hours Trading time 7*24 Depending on market risk conditions, Bitget may adjust the parameters from time to time, which may include the tick size, maximum leverage, and maintenance margin rate. For more details, kindly check out: INIT/USDT [Futures] Bitget’s futures include: USDT-M Futures, Coin-M Futures and USDC-M Futures. USDT-M Futures - Trade using USDT for all pairs. You can choose USDT to trade multiple currency pairs at the same time, in which multiple futures share the same account equity, profit, loss and risks. Thank you for your support and attention to Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Initia mainnet is live and airdrop claim is open, valid for 30 days
According to official news, Initia has announced that its mainnet is live and airdrop claims are open, with the claim period valid for 30 days, ending on May 24, 2025, at 18:00 (UTC+8).
Research Report | Initia Project Details & INIT Market Cap Analysis
1. Project Introduction Initia is a full-chain Rollup network that achieves native interoperability of multi-chain ecosystems through its independently developed Layer1 + Rollup framework. The platform is built on Cosmos SDK and supports three major virtual machines: EVM, MoveVM, and WASM. It is one of the few infrastructures that genuinely caters to both Ethereum-based and non-Ethereum-based developers. The project uses the underlying public chain (Initia L1) as a unified liquidity and consensus hub and builds application-level Rollups (Minitia) and an Optimistic framework (OPInit Stack) on it. Developers can directly deploy customized chains, enjoying services such as shared consensus, native interoperability, and unified incentives, bypassing the cumbersome deployment process and shifting focus from "chain development" to "product innovation." In terms of economic model, Initia introduces an innovative mechanism called Enshrined Liquidity, which deeply binds liquidity with consensus security, allowing users to stake LP assets for governance rights and ecosystem benefits. Additionally, the VIP (Vested Interest Program) mechanism bridges the value distribution logic between Rollups and users/developers, ensuring that every active contribution receives a reward. Unlike traditional public chains that emphasize “encouraging migration” as a core path, Initia places more emphasis on “native building” and “ecological integration.” It constructs a complete development support system through built-in wallet services, oracles, block explorers, and unified identity systems. Each Minitia is not just an AppChain but a one-stop, ready-to-use application issuing platform. As of now, Initia has completed three rounds of financing, accumulating $25 million, with investors including top-tier institutions like Binance Labs, Hack VC, Delphi Digital, and Theory Ventures. The ecosystem spans DeFi, AI, GameFi, and other directions, indicating a rich potential for imminent outbreak. 2. Project Highlights 1. Building an Integrated Architecture to Facilitate System Coordination between Layer1 and Rollup Initia innovatively integrates its independently developed Layer1 main chain (Initia L1) with the native Rollup framework (OPInit Stack), forming a modular blockchain infrastructure with secure consensus, liquidity hub, cross-chain communication, and unified governance capabilities. The platform enables native coordination between Layer1 and multiple Rollups at the technology stack and governance mechanism levels, providing applications with a complete combinable environment. It is currently one of the few projects in modular public chains with system closed-loop capabilities. 2. Native Support for Three Virtual Machines, Targeting Multi-Ecosystem Developer Groups Initia supports EVM, MoveVM, and WASM, which are compatible with Ethereum and Move ecosystems and can serve developers from multiple languages (e.g., C, Rust), minimizing migration costs to the greatest extent. With its independently developed Interwoven Stack toolchain, Rollup projects can be “used out of the box,” allowing for flexible customization, rapid deployment, and breaking down development barriers between multi-chain ecosystems. 3. Liquidity Drives Consensus, Deeply Binding Incentive Mechanisms and Security Modules The core module, Enshrined Liquidity, allows users to stake LP Tokens (provided by InitiaDEX) to validators to participate in consensus, breaking the traditional paradigm where assets only serve transactions, and achieving a new mechanism where “liquidity equals governance rights.” This design enhances main chain security, increases asset value transfer efficiency at the application layer, and strengthens the economic connection between L1 and Rollup. 4. Native Incentive Mechanism VIP, Promoting Joint Ecosystem Construction by Users and Developers Initia launched the Vested Interest Program (VIP), offering ecosystem incentives finely divided based on on-chain behavior data, user activity, and Rollup operation contributions, ensuring that value flows directly to end-users and builders, replacing the inefficient transformation model of traditional grants. This mechanism not only guarantees developer enthusiasm but also stimulates long-term user interaction desire, serving as a key driving module for sustainable ecosystem growth. 3. Market Cap Expectations Initia is a modular blockchain platform that integrates Layer1 main chain and native Rollup Stack, aiming to build a unified communication layer for “universal chain interoperability” with strong architectural depth and cross-chain integration capabilities. In terms of positioning, Initia is comparable in technology path and market space to projects like Movement (modular + Move), ZetaChain (full-chain smart contracts), and Avail (DA layer + modular infrastructure), all representing projects in the new track of “modular blockchain.” Currently, Initia's token INIT has a total supply of 1 billion, with its launch price and market cap yet to be disclosed. We can refer to the fully diluted valuation (FDV) range of the aforementioned similar projects to assist in judging the potential valuation anchor and potential space for INIT post-launch. 4. Economic Model The total supply of Initia's native token INIT is fixed at 1 billion, with 5% allocated to airdrops. Token Allocation Airdrop 5% The airdrop will reward testnet users, ecosystem advocates, and early supporters. These tokens will be released all at once at the mainnet launch (TGE) with a 30-day window for eligible recipients to claim them. Foundation 7.75% Held by the Initia Foundation for purposes like liquidity guidance, validator delegation, ecosystem incentives, and strategic cooperation. This portion will be deployed in stages to support the platform's long-term ecological construction. Protocol Developers (Team) 15% Allocated to team members and contributors, with a 12-month lock-up and a 36-month linear release mechanism (4 years in total). Protocol Sales (Investors) 15.25% Involves investors from three funding rounds, with all tokens set with the same 4-year lock-up and unlocking mechanism as developers, maintaining long-term synergy between the team and investors. Enshrined Liquidity and Staking Rewards 25% Used to support Initia's native staking model (Enshrined Liquidity), rewarding liquidity providers and validation nodes, with a release rate of 5% per year, released linearly by block. VIP Rewards Program 25% Initia's core incentive module for distribution to end-users participating in Rollup construction, active user behavior, and ecosystem contributions, with an initial release rate of 7% per year, to be fulfilled continuously based on KPI achievement or zap mode. CEX Launch Activities 6% Specifically for initial CEX liquidity guidance, mainly for arrangements related to the CEX Launch Campaign. Echo.xyz Community Sale 1% Allocated to Echo.xyz community sale participants, with four releases unlocking 25% each at the 12th, 15th, 18th, and 24th months after the mainnet launch. Token Utility 1. Used to pay transaction fees in the Initia network's L1 and L2, serving as the universal fuel asset within the ecosystem. 2. Can be staked to participate in the consensus mechanism, supporting network security, and enhancing staking efficiency by combining with a liquidity staking model. 3. Holders have on-chain governance rights, including protocol parameter adjustments, liquidity whitelist reviews, treasury usage, and ecosystem allocation decisions. 4. Acts as a bridging medium between Rollups within the ecosystem, supporting efficient asset circulation and state communication. 5. Core asset of InitiaDEX can be used to create liquidity pools, earning trading fees and additional protocol rewards. 5. Team & Financing Team Information: Initia was founded by Stanford Liu, the former head of research at Terraform Labs, along with co-founder Ishan "Zon" Mangolji and Ecosystem Head OmniscientAsian (formerly of New Tribe Capital). The team is focused on building simple, highly coordinated modular blockchain infrastructure, aiming to eliminate complexity and fragmentation issues faced by developers and users. Financing Information: Since 2023, Initia has received support from well-known institutions like Binance Labs, Delphi Digital, and Hack VC, accumulating $24 million in funding. The latest Series A financing round was completed in September 2024, with a valuation of $350 million, reflecting market recognition of its modular architecture and strong execution team. 6. Potential Risk Warning 1. Although the Initia mainnet is officially launched with a complete Layer1 + native Rollup framework, the current Minitia (application chain) ecosystem is still in its early stages. If the expansion speed of high-quality native applications does not meet expectations or if cross-Rollup liquidity and user growth are slow, there may be short-term impacts on network activity and intrinsic demand for INIT tokens. 7. Official Links Website: https://initia.xyz/ Twitter: https://x.com/initia Discord: https://discord.com/invite/initia
[Initial Listing] Bitget Will List Initia (INIT). Come and grab a share of 412,000 INIT!
We are thrilled to announce that Initia (INIT) will be listed in the Public Chain, Innovation and Web3 Zone. Check out the details below: Deposit Available: Opened Trading Available: 24 April 2025, 11:00 (UTC) Withdrawal Available: 25 April 2025, 12:00 (UTC) Spot Trading Link: INIT/USDT Activity 1: PoolX — Lock INIT to share 126,000 INIT Locking period: 24 April 2025, 11:00 – 1 May 2025, 11:00 (UTC) Lock Now Locking pool: Total INIT Campaign Pool 126,000 INIT Maximum INIT locking limit 714,300 INIT Minimum INIT locking limit 10 INIT INIT pool airdrop per user = user's locked INIT ÷ total locked INIT of all eligible participants × corresponding pool. Activity 2: CandyBomb – Deposit or trade to share 286,000 INIT Promotion period: 24 April 2025, 11:00 – 1 May 2025, 11:00 (UTC) CandyBomb Promotion details: Total INIT Campaign Pool 286,000 INIT INIT net deposit campaign pool*new users only 201,000 INIT Futures trading pool*new futures user only 85,000 INIT Note: Rewards will be distributed within 7 business days after the end of the campaign. Activity 3: Enjoy 8～11% APR with the INIT On-chain Earn product Launch time: April 24, 12:00 (UTC) Join now Product details: Coin Product type Term APR Minimum single order amount Maximum single order amount INIT On-chain Earn Flexible 8～11% 1 INIT Unlimited Product rules: Interest accrual time: D+1 16:00 (UTC). Interest distribution time: D+2 16:00 (UTC). Redemption: Standard redemption: T+21 day. Express redemption: Instant, with a 10% fee on profits. No transaction fee will be charged if the user chooses Express Redemption before interest accrual starts. Introduction Initia is a network for interwoven rollups — we are holistically rebuilding a new multi-chain world across the architecture, product, and economic stacks using the Initia L1 and an interwoven system of L2s. Initia has the advantage of seeing the faults of many existing multi-chain systems like Cosmos and rollups on Ethereum. Initia builds a L1 in tandem to a system of interconnected L2s, creating a system that is designed for a rollup centric future. Contract Address: https://scan.initia.xyz/interwoven-1 (will be available at public launch) Website | X | Discord How to Buy INIT on Bitget Fee Schedule Price Market Data 7-Days Limited-time Buy Crypto Offer: Buy INIT with your credit/debit cards at 0% fee with 140+ Currencies, EUR, GBP, AUD, TWD, UZS, UAH, TRY, THB, BRL, PLN, IDR, PHP and CAD etc. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
Filled orders
Delivery scenarios
