Guess what? The Linea token decided to make a grand entrance into pre-market trading like it owns the place. Spoiler alert: it’s trading at about $0.05, which somehow translates into a $3.6 billion fully diluted valuation-because what’s a little hype without a splash of billion-dollar magic? 💰✨
- Pre-market contracts are live on Binance (where you can go *five times* nuts), Bybit Alpha (yep, 10x leverage-because who doesn’t love a little risk with their coffee?), Hyperliquid (a modest 3x), and a bunch of other places that probably sound like secret societies.
- Early trading puts LINEA at around fifty cents, hinting that some traders out there are dreaming bigger than their wallets. A quick reminder: this is before the official TGE, so the real fun (or chaos) is yet to come.
- This zkEVM rollup by ConsenSys means business-using ETH as the gas, while LINEA is just chilling as an incentive and funding tool. Multi-tasking like a pro. 🚀
The Linea token is officially crashing the pre-market party, giving fearless traders a sneak peek before the “big launch.” Binance is handing out up to 5x leverage; Bybit Alpha is going full throttle at 10x-because who needs sleep? Meanwhile, Hyperliquid offers a humble 3x, and everyone else is just trying to keep up.
As of now, LINEA is trading at approximately $0.052-down about a third from its slightly optimistic $0.08 debut, but hey, that’s crypto. Total market cap? Around $3.6 billion, because apparently everyone’s betting on Layer 2’s future. It’s sitting pretty below Arbitrum ($5B) and just above Optimism ($3B)-basically, the Goldilocks of rankings.
No official date for the big TGE yet, but the team promises to let us know at least a week in advance. So don’t worry, you’ll have plenty of time to panic or prepare your FOMO bag.
About Linea (Because You Asked)
Developed by the geniuses at ConsenSys, Linea is a zero-knowledge EVM rollup that promises scalable and efficient smart contracts-like a smart contract on steroids but without the illegal side effects. Unlike most layer-2s, it uses ETH purely as gas, and LINEA tokens are mainly for incentives and funding-because apparently, that’s a thing now.
They’ve got a whopping 72 billion tokens, with 85% earmarked for ecosystem growth-so no, they’re not just printing money to throw at investors or insiders. The remaining 15% is locked up in the ConSenSys vault for five years, just to keep things interesting.
Early token distribution was all about airdrops and liquidity programs-no shady sales, just good old-fashioned generosity (or strategic planning, who’s counting?). According to Declan Fox, the head honcho, they waited for the market to thaw out after the long winter of the bear market-because patience, right? Long-term growth over quick bucks. 💪
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2025-09-01 15:03