Consensys CEO Joe Lubin hints at future LINEA perks
Consensys CEO Joe Lubin has indicated that holders of the LINEA token may be eligible for further rewards in the form of airdrops. LINEA, associated with Consensys' Ethereum Layer 2 zk rollup, recently launched and had an initial market cap exceeding $560 million, which has since decreased to $360 million. Lubin suggested on social media that simply holding LINEA tokens could lead to additional tokens appearing in wallets. This raises speculation about the potential for tokens like MASK or yield opportunities through other tokens such as ETH or stablecoin mUSD. LINEA has generated over $65 million in L2 revenue for Consensys, indicating its profitability despite being smaller than competitors Base and Arbitrum. While Lubin's comments did not immediately influence LINEA's price upward, they seem to have stabilized it at around $0.02, suggesting future reward potential may have prevented further sell-offs.
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