Initia (INIT) Coin Now Available on Bitunix as Demand for Multichain Apps Increases

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

SIGN-4.169%

INIT+5.011%

Source: Coinmarketcap

Updated: Nov 27 2025

Current State of the Crypto Market: The crypto market is experiencing volatility, particularly with Bitcoin, while blockchain development continues, with a focus on scalable and interoperable networks like Initia, which combines Layer-1 and Layer-2 functionalities.
Initia Blockchain Ecosystem: Initia aims to simplify the user and developer experience by allowing seamless communication between apps on its modular architecture, which includes app-specific Layer-2 chains called "Minitias."
Benefits for Users and Developers: Users benefit from faster transactions, easier access to tokens, and rewards for participation, while developers can deploy customized AppChains without worrying about security and cross-chain communication.
INIT Token Overview: The INIT token serves multiple purposes, including staking, governance, and transaction fees, with a total supply of 1 billion tokens and a current market cap of approximately $150 million, recently listed on the Bitunix exchange.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Initia (INIT) Coin Now Available on Bitunix as Demand for Multichain Apps Increases

About the author

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