LA Token Surges 22% After Binance and BitMEX Listings, Volume Soars to $98 Million Market Cap
LAUSDT experienced a notable 22.07% price increase over the last 24 hours, rising from 0.4000 to 0.4883 on Binance. This price movement can be attributed to heightened trading activity following the recent spot and futures listings on major exchanges, including Binance and BitMEX, which introduced LAUSDT perpetual contracts with up to 50x leverage. The increased exposure and trading options have likely contributed to the surge in both price and volume, despite the recent delisting of LAUSDT perpetual contracts on Gate.io for market stability reasons.
Currently, LAUSDT is trading at 0.4883 with strong 24-hour volume reported across multiple platforms, and the circulating supply stands at 193,000,000 LA with a market capitalization of approximately $98.20 million. The asset remains volatile, reflecting ongoing interest and activity in the Lagrange project following its recent exchange listings and airdrop distribution.