Ethereum Layer-2 Airdrop Crashes With 9.36B LINEA Tokens — Presale Buzz Shifts to MAGACOIN FINANCE Momentum

The crypto market has once again been shaken by a massive token release. Linea, the Ethereum (ETH -0.09%) Layer-2 network built by Consensys , officially launched its long-awaited airdrop this week, distributing a staggering 9.36 billion LINEA tokens in a token generation event (TGE).The claims window, which opened on Wednesday, runs for 90 days through December 9. Any unclaimed tokens will be sent back to the Linea Consortium Ecosystem Fund , aimed at supporting Ethereum and its broader ecosystem. Amid this, the MAGACOIN FINANCE presale is gaining attention with strong fundamentals and roadmap.

Linea Airdrop Sparks Sell-Off Concerns

Despite the excitement, the huge airdrop quickly triggered sell pressure across the market. Many investors rushed to offload their newly unlocked LINEA tokens, echoing a familiar pattern in large-scale Ethereum layer-2 airdrop events.

The distribution framework allocated 85% of supply to ecosystem growth, with 10% unlocked for early adopters and builders. Notably, there are no team or VC allocations — a move meant to signal fairness. However, the influx of tokens still raised fears of oversupply.

Ian Wallis, Linea’s business development lead, told The Block that the token aims to reward contributors and fund Ethereum-aligned public goods. He argued that the “neutral allocation” could attract institutions looking for “risk-adjusted yield in DeFi.”

Meanwhile, Linea has also introduced a unique dual burn fee design : 20% of all network transaction fees in ETH will be burned, while the remaining 80% will be used to buy and burn LINEA. This mechanism is meant to create deflationary pressure, positioning LINEA as “silver to ETH’s gold.”

Partnerships are rolling in as well, with Binance Alpha and OKX’s XLaunch already on board, alongside promised listings on multiple tier-1 exchanges.

Presale Buzz Shifts to MAGACOIN FINANCE

But while the LINEA token crash dominated headlines, smart investors have quickly turned their attention to the presale buzz around MAGACOIN FINANCE . This is because the uncertainty surrounding large airdrops surges and MAGACOIN FINANCE presale momentum has been building steadily. The early-stage project has been attracting thousands of investors due to its scarce tokenomics and politically themed scenario with secured audits. Early investors currently view it as one of the best presale cryptos to watch , as the project now offers 50% extra bonus by using the PATRIOT50X code.

With the Linea token crash serving as a cautionary tale, many traders are asking: why chase after tokens vulnerable to immediate sell-offs when new presale projects like MAGACOIN FINANCE are generating real momentum before hitting exchanges?

Ethereum Layer-2 vs. Presale Hype

The comparison between Linea airdrop vs. MAGACOIN presale highlights a broader trend in crypto markets: while layer-2 tokens often face short-term selling pressure, altcoin presales can attract investors looking for sustainable momentum .

As Ethereum’s ecosystem continues to grow, projects aligned with community-driven tokenomics and clear presale structures, such as MAGACOIN FINANCE, are positioned to capture attention.

Final Thoughts

The 9.36B LINEA airdrop may have shaken the Ethereum layer-2 space, but it also underscored the risks of oversupply and short-term crashes. Meanwhile, the MAGACOIN FINANCE presale is gaining traction as investors seek fresh opportunities with upside potential and community-backed growth.

For now, momentum clearly favors MAGACOIN FINANCE — a project that could emerge as one of the next big winners in the altcoin presale market.

To learn more about MAGACOIN FINANCE, visit:

Website: https://magacoinfinance.com

Twitter/X: https://x.com/magacoinfinance

Telegram: https://t.me/magacoinfinance