Joseph Lubin, founder of Consensys and a key figure behind the Linea blockchain, hinted at potential future rewards for holders of the Linea token in an X post. As the token experienced a significant dip in price, trading at $0.024 after a 20% drop, Lubin suggested that long-term holders might be eligible for future distributions of tokens from Consensys and other ecosystem projects. He indicated that holding these tokens represents engagement in the Linea economy. Lubin's statements came in response to community inquiries about the utility of the LINEA token, with calls for staking and lending options to enhance its usage. While some community members perceived LINEA as a memecoin lacking utility, others advocated for buyback strategies to encourage holding rather than distributing more tokens. Following the Linea token generation event (TGE), the token initially peaked at $0.046 before its sharp decline.

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