$LA – ZK NARRATIVE OR ZK GHOST CHAIN?
Been tracking $LA closely since the Coinbase + Binance listings — and honestly, I’m torn.
✅ On paper, it’s strong:
ZK + AI narrative is 🔥, plus real partners like EigenLayer and Coinbase Cloud. If you’re playing the long game, the infrastructure thesis checks out.
❌ But short-term price action? Brutal.
After a +500% launch pump, it’s down 41% this month. Even the July 14 Lagrange Foundation buyback couldn’t hold support above $0.33.
We’re seeing early token curve dynamics:
• >80% still locked
• Early VC exit windows ahead
• Post-listing retail bagholders underwater
⚙️ That said, there’s a glimmer:
4H RSI divergence looks promising. The $0.33–$0.39 zone is being monitored hard. If dev activity and real usage surface in Q3, $LA could surprise.
Right now? It’s stuck between becoming legit infrastructure or fading as another overhyped ghost chain.
📉 Not aping in, but alerts are on. Could go either way.
What do you think — sleeper gem or VC exit liquidity?