
In a significant industry development, Linear Finance (LINA), has been faced with a series of adversities leading to its delisting from Binance. The action followed reports of insufficient funds causing the project to wind down. This incident led to a substantial drop in LINA's trading credibility and performance leaving investors worried and leading to an overall market sentiment dip.
Despite the negative news surrounding the project, Linear recently announced the launch of a new roadmap scheduled for February and plans to add Multichain Deposit Swaps in Q1. The company also initiated a digital marketing campaign targeting the Lunar Strategy. Citing to boost the project's visibility within the industry. Throughout these changes, it's been noted that some altcoin whales have been influencing the movements of LINA.
Linear's native coin LINA, along with a few other altcoins, suffered significantly from alleged rug pulls, causing a decline in their market values. Furthermore, a defi exploit has reportedly led the stablecoin associated with Linear Finance, LUSD, to collapse to zero.
Investors should note that while adverse events have occurred, it doesn't eliminate the potential for LINA's future prospects, as several cryptocurrency exchanges in Asia keep offering it for trading. Various experts have offered LINA price predictions, some even suggesting that it could rebound and possibly even reach $1 in the future.
LINA Coin News Analytics from Wed, 25 Jun 2014 07:00:00 GMT to Wed, 02 Apr 2025 07:00:00 GMT - Rating -7 - Innovation -2 - Information 3 - Rumor -5