↓ Suspension of LINA Coin Operations and Binance Delisting Paints a Precarious Future
Linear Finance (LINA) has reportedly ceased operations, resulting in a significant dip in LINA prices, represented by a 25% dump in value. This...
In a series of crucial market events, Linear Finance announced its operational suspension leading to Binance's delisting of LINA coin. Binance intended this decision as part of a periodic review and acted it out soon, impacting other altcoins like AERGO, AST, BURGER, COMBO in the process. Linear’s decision was triggered by financial struggles which in turn led to LINA's price dropping by a dramatic 25%, with a 23% downtick announced later. Beyond Linear Finance, other coins like IOST and AMB were also impacted by Binance's decision.
Despite the turmoil, market predictions somewhat retain a positive outlook for LINA, questioning if it will rebound post-crisis. However, LINA's future remains uncertain amidst the news on the eroding value of LUSD stablecoins to zero following a DeFi exploit in Linear Finance. On a side note, Greece's decision to return ancient Lydian coins plays no role in the modern crypto market dynamics surrounding LINA.
Detailed guides investigating Linear Finance and how to invest in LINA coin continue to circulate, contributing further to market insights. Overall, the situation has urged investors to remain cautious and withdraw their assets on time.
LINA Coin News Analytics from Fri, 10 Aug 2018 10:35:47 GMT to Wed, 02 Apr 2025 07:00:00 GMT - Rating -8 - Innovation -6 - Information 5 - Rumor -5