Why is one CEX dominating INIT volume after starting late?

[Gentlord]

So I’ve been eyeing $INIT for a while now, mainly because of how they’re combining Layer 1 and app-specific Layer 2s (aka Minitias). The Cosmos SDK base, instant bridging, and tools for both devs and users actually make it one of the more polished upcoming launches I’ve seen lately.

But here’s where I’m a bit stuck…

A few CEXs kicked off pre-market on the 15th, and I noticed one of them just recently opened trading but somehow already has more volume than Gate, MEXC, and KuCoin combined. That feels odd considering it came in late. Either the whales are parking their bags there or maybe it’s a liquidity thing but I’d love to hear from anyone actually trading it pre-listing.

Price discovery is clearly still in motion. If you’ve been picking up $INIT already or watching closely, where are you seeing the best rates right now? Are there any early listing events happening I should know about?

[s0nujamil]

So I’ve been eyeing $INIT for a while now, mainly because of how they’re combining Layer 1 and app-specific Layer 2s (aka Minitias). The Cosmos SDK base, instant bridging, and tools for both devs and users actually make it one of the more polished upcoming launches I’ve seen lately.

But here’s where I’m a bit stuck…

A few CEXs kicked off pre-market on the 15th, and I noticed one of them just recently opened trading but somehow already has more volume than Gate, MEXC, and KuCoin combined. That feels odd considering it came in late. Either the whales are parking their bags there or maybe it’s a liquidity thing but I’d love to hear from anyone actually trading it pre-listing.

Price discovery is clearly still in motion. If you’ve been picking up $INIT already or watching closely, where are you seeing the best rates right now? Are there any early listing events happening I should know about?

Am surprised users on this forum talking about this project lol cos I recently started holding this token and most of the CEXs listed it.. I guess Layer 2 projects are making comeback again?


btw are you talking about price? Cos I can see the price is higher in one and lower on others..