#LINEA $LINEA
🧐🧐 https://t.co/irSNBOcEYO
#LINEA $LINEA
🧐🧐 https://t.co/irSNBOcEYO
#LINEA
It looks quite good for the short term. https://t.co/7Oj4WbkpPn
💯
‼️ VANECK: LINEA TOKEN LACKS GAS UTILITY AND VALUE CAPTURE MECHANISM — >LIMITING TOKEN APPRECIATION ‼️
To directly clear up any misconceptions about the LINEA token.
The LINEA token will not experience any price appreciation as a result of network adoption.😶🌫️
According to VanEck, this is why:
• Users pay gas fees in ETH, not LINEA 🔻
Every transaction on Linea uses Ethereum’s ETH for fees. The LINEA token is not needed at all to use the network.
• LINEA is just a governance coin 🔻
It only lets holders vote on proposals. It has zero other job in the actual day-to-day operation of the blockchain.
• No value capture mechanism 🔻
The network generates real fees (from users paying in ETH), but none of that money flows back to LINEA token holders. The token gets nothing from the network’s success.
• Without fee capture, the token has no real economic tie to Linea’s growth 🔻
Even if Linea gets more users, faster transactions, or more activity, the LINEA token itself does not automatically become more valu