LA Token Surges 30.98% After Major Exchange Listings and Airdrop, Hits $96.5M Market Cap

LAUSDT experienced a significant 24-hour price increase of 30.98%, rising from 0.4000 to 0.5239 USDT on Binance. This price movement is primarily attributed to a series of major exchange listings for LAUSDT perpetual contracts, including Binance Futures, CoinUnited.io, BitMEX, and Bybit, which collectively increased market accessibility and trading activity. The heightened interest was further supported by the recent airdrop distribution of Lagrange (LA) tokens and the token's underlying utility in Zero-Knowledge proof technology. While Gate.io delisted the LAUSDT perpetual contract, the overall impact of new listings outweighed this event, contributing to increased demand and volatility.

Currently, LAUSDT is trading at 0.5239 USDT on Binance, with a 24-hour trading volume of 19.08 million LA (9.58 million USDT), a circulating supply of 193 million LA, and a market capitalization of approximately $96.5 million. The asset has shown notable volatility, with a 24-hour price range between 0.49273 and 0.70452 USDT.