🚨 BINANCE LINEA AIRDROP: 720 MILLION $LINEA TOKENS

Binance has announced the details of its latest HODLer Airdrop for Linea ($LINEA ).

Here's what caught my attention 👇

🪂 ~720.1M LINEA allocated to the HODLer Airdrop
📊 That's 1% of LINEA's maximum supply
🏦 Binance will also allocate additional LINEA for market activities
⚡ Binance says the token will have 15.48B LINEA circulating at listing, around 21.5% of max supply

So this isn't just another random "new token" post.

The important question is:

How much selling pressure could come from the relatively large initial circulating supply?

That's something I'm watching closely.

🕌 HalalCryptoGuide take:
Don't buy a token simply because Binance supports an airdrop or listing. An airdrop ≠ a halal investment automatically. Before buying, we should look at Linea's actual utility, token economics and how the token is being used.

I'll break down LINEA's tokenomics + potential risks in the next post.

Would you want me to do a full LINEA analysis? 👇

$LINEA $BNB $ETH

Not financial advice. Do your own research.