LINEA (Linea) has pumped 3.36% in the last 24 hours.

Gate News Bot news, on September 18, according to CoinMarketCap data, LINEA (Linea) is currently priced at $0.03, with a rise of 3.36% in the last 24 hours, reaching a high of $0.03 and a low of $0.02. The current market capitalization is approximately $411 million, an increase of $13.4 million compared to yesterday.

Important news about LINEA recently:

1️⃣ Alpha trading platform officially launched LINEA has officially launched trading on the Alpha platform of Gate exchange. This move will provide LINEA with more liquidity and trading opportunities, potentially increasing its market exposure and user base.

2️⃣ Consensys Optimizes Token Management Strategy Consensys has transferred 15% of its LINEA token allocation to the custody service provider Qualified Custodian for long-term storage. This move aims to optimize token management and may have a positive impact on LINEA's long-term value and market stability.

3️⃣ Launch of Holding Incentive Program Joseph Lubin, the founder of Consensys, stated that users holding LINEA tokens may receive additional token rewards in the future. The rewards could come from Consensys and partnership agreements, related to the amount held and the duration. This plan is expected to enhance users' willingness to hold LINEA in the long term, potentially reducing market selling pressure.

From a technical perspective, LINEA's price has recently shown a volatile trend, fluctuating between $0.02 and $0.05. Fundamentally, although there is new trading platform support and incentive policies, the market response remains cautious. In the short term, LINEA's price may continue to be influenced by the overall sentiment of the cryptocurrency market and the specific implementation of the project.

This message is not intended as investment advice; investors should be aware of market volatility risks.