Financial woes have forced
Linear Finance into
suspension of operations, leading to a massive 25% value dump for LINA coin.
Binance has announced it will delist several altcoins including Linear (LINA) on 2025-03-28, causing widespread concern for investors. Nevertheless, a roadmap set for launch by Linear in February indicates a plan post suspension, potentially offering some relief to investors.
High levels of trading activities have led Binance to also delist a number of other coins during its periodic review, additionally influencing LINA, IOST and AMB. There seems to be a series of community engagements such as AMA on Telegram and scheduled maintenance planned for Linear and its community.
Concurrently, external events have brought Linear into the spotlight. FTC Chair Lina Khan is facing backlash from wealthy Harris donors, prompting attorney general's involvement in Harris County Bid-rigging case. Linear Finance exploits are causing concerns around cryptocurrency security, although investment in LINA via Binance is still advised by experts. Future price predictions for Linear remain unclear and investor confidence is shaken due to the delisting news from Binance.
Despite these developments,
community-controlled governance model and decoupled stablecoin collapses show promise for Linear Finance's future. An NFT collection by Lina Valentina denouncing domestic violence has no direct link to Linear Finance but shows increasing application of blockchain technology.
In other news, Binance also plans to remove 5 other major cryptocurrencies and there's a buzz around the former U.S. Mint director, Ed Moy's scheduled speech at a
Bitcoin convention. Overall, the current market sentiment for Linear Finance is rather negative with question marks persisting for future price predictions.
LINA Coin News Analytics from Wed, 25 Jun 2014 07:00:00 GMT to Mon, 31 Mar 2025 19:25:33 GMT -
Rating -8
- Innovation -6
- Information 3
- Rumor 2
