Gate News Bot news, July 11, according to CoinMarketCap data, as of the time of writing, INIT (Initia) is currently priced at $0.51, rising 38.74% within 24 hours, with a high of $0.51 and a low of $0.34. The current market capitalization is approximately $81.2 million, an increase of $22.7 million compared to yesterday. Initia is a multi-chain ecosystem designed to connect full-stack applications and unlock value through interconnected infrastructure and coordinated economic models. The project offers a "paradise"-like environment, providing opportunities for developers and users to build and utilize. The core concepts of Initia include "interwoven stacks" and "interwoven economies," emphasizing the close connections between various parts of the system. Recent important news about INIT: 1️⃣ **Initia基

Gate News Bot news, July 3rd, according to CoinMarketCap data, as of the time of writing, INIT (Initia) is currently priced at $0.48, rising 20.56% in the last 24 hours, with a high of $0.49 and a low of $0.39. The current market capitalization is approximately $71.8 million, an increase of about $1.23 million compared to yesterday. Initia is a multi-chain ecosystem designed to unite full-stack applications and unlock value through interconnected infrastructure and coordinated economic models. The project offers a "paradise-like" environment for developers to build and users to participate. Initia's ecosystem includes multiple interconnected applications and services, emphasizing its concepts of "interwoven stack" and "interwoven economy." Recent important news about INIT: 1️⃣ **Initia Mainnet Officially Launched

The Initia Foundation has released a governance proposal to amend the annual release rate of INIT to address the issue of high inflation. The proposal suggests adjusting the annual total supply to 1.25%. The foundation has proposed a subsidy plan to compensate users affected by Proposal 39. Users can claim the subsidy without lock-up position requirements before July 7. On-chain voting will begin on May 26 and will be executed or rejected on June 2. It is recommended to vote against to maintain the credibility of community governance.

Odaily News Initia announced on the X platform that there are eight days left until the airdrop claim deadline. So far, 93% of the airdrop tokens have been claimed, but there are still about 3.4 million INIT tokens waiting to be claimed.

Gate.io announces the INIT Airdrop event, which will take place from April 25 to May 2. Users can share 342,856 INIT worth approximately 300,000 USDT by participating in trading and inviting friends. The participation threshold is low; users can win rewards by reaching 200 USDT in spot trading or 1,000 USDT in Futures Trading. Both new and old users can participate, and an individual can receive up to 255 USDT in INIT.

According to ChainCatcher news and on-chain analyst Lookonchain's monitoring, an investor went long on INIT with 2x leverage at an average price of $0.638 15 hours ago, with unrealized gains exceeding $630,000.

PANews, April 25 news, according to Lookonchain monitoring, an investor went long INIT with 2x leverage 15 hours ago, with an average purchase price of $0.638. The unrealized profit has exceeded $630,000.

According to the Gate.io News bot, market data shows that an investor went long on the $INIT Token with an average price of $0.638 using 2x leverage 15 hours ago. As of now, the investor's unrealized gains have exceeded $630,000.

According to ChainCatcher news, JuCoin will launch INIT (Initia) on April 24, 2025, at 20:00 (UTC+8), and the INIT/USDT trading pair will be available. At the same time, the Holdings JU will participate in a 5,000 INIT Airdrop event.

BlockBeats news, on April 21, the full-chain Rollup L1 network Initia announced its tokenomics. The total supply of Initia's native token INIT is fixed at 1 billion, of which 5% is allocated for airdrop. In addition, the foundation accounts for 7.75%, protocol developers account for 15%, and protocol sales account for 15.25%.

Stability AI, the startup behind the image generation model Stable Diffusion, has launched a new service that turns sketches into images. The service, called Stable Doodle, uses the latest Stable Diffusion model to analyze the outlines of sketches and generate "visually pleasing" artwork. Users can already use the service through the ClipDrop platform, which was acquired by Stability AI in March this year, and its predecessor was Init ML, an AI startup founded by former Google employees. Stability AI revealed in a blog post that the Stable Doodle is aimed at professionals and novices, no matter how familiar they are with AI tools, "With the Stable Doodle, anyone with basic drawing skills and internet access can Generate high-quality original images in-house.”

The Celestia liquid staking protocol MilkyWay states that the holders of the top 2000 milkTIA will qualify for the airdrop of the L1 blockchain Initia, which can now be checked. Initia has announced the first distribution of 50,000,000 INIT tokens to testers, advocates, and users, and participants can check their eligibility, with distribution available within 30 days. First contributors are not eligible, and wallets and social accounts are excluded.