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$LINEA is up about +28-31% in the last 24 hours.
Current trading price is ~$0.0296-$0.03 USD.
24-hour trading volume has surged, in the ballpark of $500-$700 million USD, showing strong activity.
Market cap is roughly $460-$470 million USD, given the circulating supply 15.48B LINEA.
⚙️ Possible Drivers Behind the Pump
Large volume and many holders seem to be accumulating, pushing demand up.
There is strong interest post-airdrop / token launch, which often leads to volatility and sharp gains if sentiment swings positive.
Social buzz / community hype is elevated. With new listings, claim windows, and project announcements, optimism tends to feed into price.
⚠️ Things to Watch / Risks
The surge is steep; that means overbought risk is high. Pullbacks are possible if demand dials down.
A lot of unlocked supply and airdropped tokens could still lead to sell pressure.
Sustainability will depend on whether usage / underlying fundamentals (TVL, developer activity, protocol adoption) keep growing. If just hype, the move may fade.
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{future}(LINEAUSDT)