Linear Finance (LINA), a project well-known in the cryptocurrency market, has recently experienced a significant decline by 23%. This was a result of the decision to sunset the project amid financial challenges.
Binance, one of the world's leading cryptocurrency exchanges, announced its intention to delist several altcoins including
LINA on the 28th of March, 2025. Details of these financial difficulties leaked to the public, triggering speculations. Despite this news, there are advocates for LINA who label it as a worthwhile investment, referring to exchanges where the coin can still be purchased.
LINA was further discussed, highlighting recent updates such as the plan to launch a roadmap, its uniqueness as a decentralized finance service, and future additions to its infrastructure like multichain deposit swaps. However, urgent warnings were also disseminated advising LINA holders to withdraw their assets due to the Binance delisting and following the project's closure. Other notable details include a hack on LINA, collapsing the LUSD stablecoin to zero, and price predictions seemingly suggesting the possibility of recovery amidst the downfall.
Linear Finance's close down was officially announced for April 02, 2025. This will eventually lead to the project ceasing all operations. In conclusion, the future of LINA is uncertain with its looming delisting from Binance and the sunsetting of the Linear Finance project.
LINA Coin News Analytics from Wed, 25 Jun 2014 07:00:00 GMT to Fri, 28 Mar 2025 11:00:12 GMT -
Innovation -6
- Information 6
- Rumor -8
