LINEA (Linea) has pumped 12.14% in the last 24 hours.

Gate News Bot News, September 24, according to CoinMarketCap data, as of the time of writing, LINEA (Linea) is currently priced at $0.030573, rising 12.14% in the last 24 hours, with a peak of $0.0350847 and a low of $0.02438153. The 24-hour volume reached $904 million. The current market capitalization is approximately $473 million, an increase of $51.2 million from yesterday. LINEA currently ranks 126th in the global Crypto Assets market capitalization.

Important news about LINEA recently:

1️⃣ Alpha trading platform launch enhances liquidity LINEA has officially launched trading on the Alpha platform of Gate exchange. This move provides LINEA with more liquidity and trading opportunities, which is expected to increase its market exposure and user base, supporting the recent price rise.

2️⃣ Consensys Optimizes Token Management Strategy Consensys has transferred 15% of its LINEA tokens to the 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, thereby enhancing investor confidence.

3️⃣ Incentive Plan Launch Joseph Lubin, the founder of Consensys, stated that users holding LINEA tokens may receive additional token rewards in the future. This plan is related to the quantity and duration of holdings and is expected to enhance users' willingness to hold LINEA long-term, potentially reducing market selling pressure and providing support for the price.

From a technical perspective, the LINEA price has recently shown a trend of fluctuating rise, breaking through the previous range of 0.02 to 0.05 dollars. On the fundamental side, the introduction of new trading platform support and incentive policies has had a positive impact on LINEA. In the short term, the LINEA price may continue to be influenced by the overall sentiment of the crypto assets market and the specific implementation of the project.

This message is not an investment advice, and investors should be aware of market volatility risks.