This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$PENGU rose to $0.046 with a circulating supply of 60 billion.
$LINEA will have an average of 15 billion units for its TGE, and there is a giant behind it like Consensys, which also owns Metamask.
The current pre-market price of LINEA is around 0.05$, but it is without volume.
If we see prices of $0.01 - $0.02 on the Linea listing, this could be the opportunity of the century.
There are 2 options.
1) A bad start like ZORA and then a great comeback.
2) is a beginning that captivates hearts like ARB and represents the first step towards mass adoption.
If you catch LINEA at $0.01, I recommend selling all your L2s where you are at a loss and switching to LINEA.
It also seems that the LINEA TGE will coincide with the FED interest rate cut.
Will LINEA & CONSENSYS ignite the bull's wick?
LINEA has a high supply and an interesting tokenomics, just like a memecoin.
This will lead to LINEA always being perceived as a cheap and potential investment opportunity in the range of $0.01 and $0.05.
I am eagerly waiting for LINEA TGE and it will probably be the only L2 project in my altcoin portfolio.