How long did it take for Linear ($LINA ) to reach its previous peak price? Currently, LINA's price is around $0.011 USD, while the highest price it has ever reached is $0.31 USD.
1. If the daily growth is between 0.5% and 1%
- Increase 0.5% per day: To reach the previous peak price, LINA needs to increase about 2718.18%.
- Estimated time: About 536 days.
- Increase 1% per day: For this level of growth, the time needed for LINA to reach its peak again is about 337 days.
2. If the daily growth is between 1% and 10%
- Increase 1% as above.
- Increase 10% per day: If LINA can maintain this growth rate, the time to reach the peak again will be significantly reduced to only about 35 days.
3. If the daily growth is between 10% and 16%
- Increase 10% as above.
- Increase 16% per day: This is the most optimistic scenario, with LINA only needing about 11 days to regain its highest price.
Conclude
The time it takes for LINA to reach its old peak depends greatly on its daily growth. With growth rates varying from 0.5% to 16%, the time required can range from hundreds to just a few dozen days. However, maintaining high and stable growth is a challenge and depends on many factors such as the market situation and investor confidence.#binance #lina