Initia (INIT) drops 13% in 24 hours to $0.1398 after Upbit warning
- —INIT traded at $0.13978, down roughly 13% from a day earlier
- —Upbit previously designated INIT a 'caution' token
- —OKX pricing and the exchange warning are separate pieces of information
Why it matters: A warning from a major Korean exchange adds selling pressure and deters new buyers of the token.
Source: TokenPost