As LINDA Token Grows 8,000% Overnight, This Unknown Crypto Platform Surges Past $3.4 Million Milestone
The LINDA Token price has rocketed by as much as 8,000% overnight, with the new meme coin rising to a high of $0.00008577 after listing on Uniswap three days ago.
Reportedly taking its name from ConsenSys founder Joe Lubin’s pet dog, LINDA has already fallen substantially since reaching its highest level yesterday, although it does remain up by 4,480% in the past 24 hours.
Yet given that it’s another anonymous meme token with no fundamentals whatsoever, traders should probably prepare for the possibility that LINDA will decline even further soon enough.
In this case, they may be better off looking at other new altcoins, with Bitcoin ETF Token raising $3.4 million in its presale as it prepares to list in the coming weeks.
In contrast to the majority of junk tokens, which tend to rise suddenly and then die soon after in one fell swoop, it seems that the LINDA token may have some staying power.
After falling to a 24-hour low of $0.000002228, the meme token has now recovered to $0.000003179, suggesting that it might still have a few more gains in store.
Yet it’s worth pointing out that its trading volume has declined considerably in the past couple of days, a potential sign that it may be experiencing a ‘dead cat bounce.’
In other words, it may not have long left, especially when it seems to have no online presence or real following, with DEXTools unable to provide a holder count and giving it a low reliability score.
Bought some $LINDA as a rare meme play.
CA: 0x82cC61354d78b846016b559e3cCD766fa7E793D5
Apparently its the Linea mascot and pet of Joseph Lubin. (dyor idk shit)
Might go up, might go to zero
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