The post Linea Token Drops 20% After Launch Despite Ecosystem Hype appeared on BitcoinEthereumNews.com.

Altcoins 11 September 2025 | 15:16 Linea’s long-awaited token debut hasn’t gone smoothly. Within a day of its token generation event (TGE), the price of LINEA dropped over 20%, falling from a launch peak of $0.046 to around $0.024, according to CoinGecko. Many early recipients quickly sold their allocations, leaving the community debating whether the project has enough utility to sustain value. Critics on X were blunt: some dismissed LINEA as a “memecoin,” while others demanded staking and lending features to give the token purpose. A few floated token buybacks as a better incentive than simply handing out more tokens. Lubin Pushes Back With a Long-Term Pitch In the middle of the backlash, Consensys founder Joseph Lubin stepped in with a message aimed at patient holders. He suggested that users who keep their tokens for an extended period could be rewarded in the future — not only with Linea-related benefits but potentially with tokens from Consensys and partner projects. “If at some point we see that you’ve held a certain number of LINEA tokens for a set time, that might trigger additional rewards,” Lubin teased, adding that MetaMask and Linea are collaborating on something new. His remarks reframed holding as a signal of true community engagement, hinting that loyalty could pay off. Ecosystem First, Treasury Second The token launch allocated 85% of the supply to ecosystem initiatives, with the remaining 15% directed to the Consensys treasury. That distribution reflects Linea’s pitch as a long-term infrastructure play rather than a short-term trading vehicle. Still, without clear utility, investors remain cautious. For now, Linea sits at a crossroads: the token’s rocky debut has fueled skepticism, but Lubin’s promise of future rewards could give holders reason to stick around — if the team delivers on those hints. The information provided in this article…

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Filed under: News - @ September 11, 2025 1:29 pm