Binance Launches Initia ($INIT) on Launchpool

Binance has introduced Initia ($INIT) on its Launchpool, giving users the opportunity to farm $INIT tokens by staking $BNB, $FDUSD, or $USDC. It’s an early-access opportunity to a project that was incubated by Binance and raised $25 million in funding. The question now is—will the $INIT Launchpool ignite major excitement, or are pre-market valuations already stretched too far?