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152d 16h ago
LINEA Surges After Binance Spot Trading Launch — Hits $0.0435, Now $0.033; $520M Circulating Market Cap, $2.38B FDV
On September 11, COINOTAG News noted that LINEA experienced a price uptick following the initiation of Binance spot trading. The token peaked at $0.04353 before moderating to around $0.033, reflecting short-term price action and increased near-term liquidity around the listing event.
Applying an initial circulating ratio of roughly 22% (about 15.8 billion LINEA), the implied circulating market cap is approximately $520 million, while the fully diluted valuation is near $2.38 billion. These on-chain supply and valuation metrics provide a factual basis for assessing token capitalisation and supply concentration without projecting future performance.
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