# $INIT Catalyst Posts & Social Intelligence Recap — July 16, 2026 > **Asset:** $INIT > **Date:** 2026-07-16 (July 16, 2026) > **Canonical URL:** https://cryptitalk.com/tokens/init/2026-07-16 > **Token Profile:** https://cryptitalk.com/tokens/init.md > **Market Rankings:** https://cryptitalk.com/rankings.md --- ## Curated Viral Posts & Community Evidence ### Post #1 by @mrchrismast_ > **Author:** Mr. Chrismast ([@mrchrismast_](https://x.com/mrchrismast_)) > **Metrics:** 24 likes · 2 retweets · 15 comments · 958 views > **Posted:** 2026-07-16T10:55:33+00:00 > **Source Link:** [https://x.com/mrchrismast_/status/2077708713767632932](https://x.com/mrchrismast_/status/2077708713767632932) > **Visual Note:** The image shows a cryptocurrency market tracker listing top Layer 1 tokens—including Bitcoin (BTC), Ethereum (ETH), BNB, Solana (SOL), TRON (TRX), Hyperliquid (HYPE), Sui, Cardano (ADA), Avalanche (AVAX), and others—alongside their prices and negative performance metrics, illustrating the post's point that many once-promising Layer 1 projects like Sei, Sui, and Avalanche have become "liquidity graveyards" with steep post-TGE declines despite raising hundreds of millions in funding. > > "Layer 1 used to be a gold mine. Now many projects are just... liquidity graveyards. Raising hundreds of millions USD, FDV in billions, but after TGE the cash flows out faster than the users. Aptos, Sei, Berachain, Initia... each project was once expected to create the "next" --- *Generated by Context Pilot Social Intelligence Engine.*