Today, the value of $LINEA reached $0.01108 before declining to $0.01058. This movement aligns with the slight rise observed in BTC and ETH.
However, I am closely monitoring the upcoming token unlock of 1.44 billion on December 10, 2025, which may result in a potential supply shock.
On a positive note, the burn mechanism provides price support: 80% of ecosystem fees are allocated to burning LINEA. Increased usage equates to more burns, thereby offering stronger long-term support.
On November 10th, $LINEA experienced an unlocking of 2.58 billion tokens, resulting in a price decline from $0.015 to $0.010.
As we anticipate December 10th, an additional release of 1.14 billion tokens is scheduled.
The $0.01 threshold is of significant importance, acting as the ultimate support level. It represents a continuous challenge between the rising supply and the steadfastness of demand. The outcome remains uncertain, and we shall observe how the situation progresses. #Linea
$SOL has seen an impressive rise of $130! The big question is, how long it might take to reach $200 again. It's always exciting to watch the market and see how things unfold!
$LINEA is not just another L2 token it has burn mechanism. imagine if more people start using it , price will pump because more they use more they pay fees ... more tokens burn so price go up with double Strength .
$LINEA is green 💚 even 2.88B tokens unlocked 🔓 on 10 Nov. people are adopting... more people ... more fees ... more tokens burn ❤️🔥 ... more price up ✨
Do you think 🤔 $LINEA burning mechanism is good for long term ????
i think it is good because once all linea tokens will get unlocked ❤️🔥 one day, then supply will decrease because as much linea network will be used by users that much linea tokens will get burn ❤️🔥. supply will be reducing and reducing ... what do you think ??? 🤔