{"id":5215,"date":"2023-05-31T10:04:58","date_gmt":"2023-05-31T14:04:58","guid":{"rendered":"http:\/\/leadingcryptonews.com\/heres-why-linear-finances-lina-token-price-is-surging\/"},"modified":"2023-05-31T10:04:58","modified_gmt":"2023-05-31T14:04:58","slug":"heres-why-linear-finances-lina-token-price-is-surging","status":"publish","type":"post","link":"https:\/\/leadingcryptonews.com\/heres-why-linear-finances-lina-token-price-is-surging\/","title":{"rendered":"Here\u2019s why Linear Finance\u2019s LINA token price is surging"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<p>    <noscript><img decoding=\"async\" class=\"lazyload\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2022\/04\/1650445700458-14b371e0-bd64-45b9-b1f9-48865cbcbb15.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/><\/noscript>\n                    <\/div>\n<p dir=\"ltr\">LINA price has defied gravity in the past few days as its rally gains steam. Linear Finance token soared to a high of $0.02623, the highest level since April 24th of this year. In all, the token has jumped by more than 365% from the lowest point this year.<\/p>\n<h2 dir=\"ltr\">Why is Linear Finance token soaring?<\/h2>\n<p dir=\"ltr\">LINA is the native token for Linear Finance, a small\u00a0DEFI platform that offers a cross-chain platform to trade digital assets. The platform offers several features, including Linear Buildr, Linear Exchange, Linear Swap, and Linear Vault. Acording to\u00a0DeFi Llama, Linear Finance has over $17 million in total value locked.<\/p>\n<p dir=\"ltr\">It is unclear why LINA price has surged in the past few days.A likely reason is that the volume of trades in the ecosystem is doing well, with the TVL surging to over $13 million. It was about $5 million at its lowest level in 2022.<\/p>\n<p dir=\"ltr\">The other reason is that the token is gaining traction in social media. As shown below, data compiled by LunaCrush shows that it is one of the most actively mentioned project on social media. Historically, cryptocurrencies that are mentioned in platforms like Twitter, Reddit, and StockTwits tend to do well.<\/p>\n<p dir=\"ltr\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">With leading combined social + market activity, <a href=\"https:\/\/twitter.com\/search?q=%24LINA&src=ctag&ref_src=twsrc%5Etfw\">$LINA<\/a> has hit the No.1 LunarCrush AltRank\u2122 again.<\/p>\n<p>Linear one-week activity:<br \/>Social mentions: +1.71K%<br \/>Social contributors: +2.33K%<br \/>Social engagements: +350.6%<\/p>\n<p>\u27a1\ufe0f<a href=\"https:\/\/t.co\/INARSI0JB4\">https:\/\/t.co\/INARSI0JB4<\/a> <a href=\"https:\/\/t.co\/xmVqJZz9SK\">pic.twitter.com\/xmVqJZz9SK<\/a><\/p>\n<p>&mdash; LunarCrush (@LunarCrush) <a href=\"https:\/\/twitter.com\/LunarCrush\/status\/1663604150758678529?ref_src=twsrc%5Etfw\">May 30, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p dir=\"ltr\">The same is happening in CoinMarketCap, one of the biggest crypto websites in the industry. As shown below, together with $TOMO, $OXBT, $HEX, and $BIAO, it is one of the top trending coins in the platform.<\/p>\n<p dir=\"ltr\">https:\/\/twitter.com\/CoinMarketCap\/status\/1663541268670971905<\/p>\n<h2 dir=\"ltr\">LINA price prediction<\/h2>\n<p><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/media.igms.io\/2023\/04\/31\/1685534834236-10025e20-089b-42f2-ba72-a6325d07bea6.png\" style=\"width: 583px;height: 283.727px\" class=\"fr-fic fr-dib lazyload\" width=\"583\" height=\"283.727\"\/><noscript><img decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/04\/31\/1685534834236-10025e20-089b-42f2-ba72-a6325d07bea6.png\" style=\"width: 583px;height: 283.727px\" class=\"fr-fic fr-dib lazyload\" width=\"583\" height=\"283.727\"\/><\/noscript><\/p>\n<p dir=\"ltr\">The daily chart shows that LINA crypto price has been in a strong bullish trend in the past few months. This week, the token managed to move above the important resistance point at $0.0194, the highest point on April 6.\u00a0<\/p>\n<p dir=\"ltr\">LINA has jumped above the 50-day and 25-day exponential moving averages (EMA) while its volume is drifting upwards. At the same time, the Relative Strength Index (RSI) jumped above the overbought level at 80.\u00a0<\/p>\n<p dir=\"ltr\">Therefore, there is a likelihood that the token will retest the key support at $0.175 and then resume the bullish trend. If this happens, the next level to watch will be at $0.030, which is ~50% above the current level. A drop below $0.017 will invalidate the bullish view.<\/p>\n<h2 dir=\"ltr\">How to buy LINA<\/h2>\n<h3>\n    Binance<\/h3>\n<p>Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.<\/p>\n<p>Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.<\/p>\n<p>                    Buy LINA with Binance today\n    <\/p>\n<h3>\n    Swapzone<\/h3>\n<p>Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.<\/p>\n<p>                    Buy LINA with Swapzone today\n    <\/p>\n<div class=\"post-meta\">\n<p>                        Share this articleCategories\n                    <\/p><\/div><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/heres-why-linear-finances-lina-token-price-is-surging\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LINA price has defied gravity in the past few days as its rally gains steam. Linear Finance token soared to a high of $0.02623, the highest level since April 24th of this year. In all, the token has jumped by more than 365% from the lowest point this year. Why is Linear Finance token soaring? [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-5215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Here\u2019s why Linear Finance\u2019s LINA token price is surging - Leading Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadingcryptonews.com\/heres-why-linear-finances-lina-token-price-is-surging\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here\u2019s why Linear Finance\u2019s LINA token price is surging\" \/>\n<meta property=\"og:description\" content=\"LINA price has defied gravity in the past few days as its rally gains steam. Linear Finance token soared to a high of $0.02623, the highest level since April 24th of this year. In all, the token has jumped by more than 365% from the lowest point this year. Why is Linear Finance token soaring? 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