#Lagrange $LA @Lagrange Official
Binance Creator Task Platform
This Week's Important Events Review
1. Binance Spot Trading Launch (7.10)
- Opening trading pairs like LA/USDT and LA/USDC, initial trading volume accounted for over 16%.
- Market Reaction: Short-term increase after listing, but then declined due to profit-taking sell-off.
2. Market Sentiment Divergence
- Positive: Lagrange's **ZK Co-Processor Technology** has attracted developer attention, supporting long-term ecological value.
- Negative: LA has dropped 80% from its historical high in June ($1.72), market confidence has been shaken.
3. Competitor Coin Impact*
- Solana ecosystem Meme coins (such as PUMP) attract capital, diverting funds from altcoins.
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Summary and Outlook
- Performance Rating: ★★☆ (Neutral to Weak)
- Advantages: Solid technological foundation, Binance listing enhances liquidity.
- Risks: Short-term selling pressure has not been absorbed, need to be cautious of further pullbacks.
- Next week focus:
1. Can BTC stabilize? If it rebounds, it may drive LA's recovery.
2. Monitor large on-chain transfers and changes in major holders' positions.
3. Ecological progress: Application of ZK Co-Processor 1.0 landing.
