The LINA coin faces significant challenges after its delisting from the Binance platform and the closure of the Linear Finance project.
The LINA coin has seen significant developments recently, most notably the announcement by Binance regarding the delisting of the coin from trading, which led to negative impacts on the project and the coin's price.
📉 Decision to delist LINA from Binance
On March 21, 2025, Binance announced the delisting of the LINA coin from trading, with the decision taking effect on March 28, 2025. This decision included the removal of trading pairs such as LINA/USDT from spot trading, as well as the suspension of margin trading and futures contracts related to the coin.
🛑 Closure of the Linear Finance project
Following the delisting decision, Linear Finance announced the permanent closure of the project, citing long-standing financial difficulties exacerbated by Binance's decision. This led to a sharp decline in the coin's value by 65% within a week, with the market capitalization falling below 6 million dollars.
💱 Current state of the LINA coin
As of May 14, 2025, the LINA coin is trading at a price of approximately $0.000128, with a daily trading volume of around $494,000. Despite a temporary price increase of over 30% within 24 hours, the coin still suffers from sharp fluctuations.
⚠️ Recommendations for investors
Trade cautiously: Due to the sharp fluctuations, investors are advised to exercise caution when considering buying or selling the coin.
Stay updated: Keep informed about project news and any updates that may affect the coin's value.
