On July 9, after Binance announced support for the LA token, its price fell sharply from a 7-day high of $0.676 to $0.416. As of July 15, the price of the LA token was $0.3396, down 5.13% in 24 hours. Previously, its listing on Coinbase in June had caused a surge of 216%, but it subsequently fell significantly, dropping nearly 77% from its all-time high of $1.72. The significant volatility in the price of the LA token is mainly due to changes in market expectations and early investors taking profits. If breakthroughs can be achieved in technological applications in the future, it may help stabilize and rebound the price; otherwise, it may continue to fluctuate at low levels or face further downward pressure.
#lagrange $LA @Lagrange Official