$LA slid -3.67% while the broader market is already drowning at -3.44% โ and ngl, it feels like watching your phone battery drop from 20% to 5% with no charger in sight ๐ญ
๐จ Tokenomics Trouble
40M tokens got dumped onto exchanges (thatโs 20% of the supply).
No hard max cap + 4% yearly inflation = permanent sell pressure.
Translation? This isnโt just a dipโฆ itโs tokenomics bullying ๐.
๐ Price Action & Market Vibes
Price stuck under $0.374 like itโs glued there.
Testing key support at $0.358.
Volume is down 55% = traders literally donโt care rn.
Meanwhile, Bitcoinโs dominance just pumped to 59%, dragging alts down like anchors. $LA is basically fighting inflation, resistance, AND market sentiment all at once.
๐ฎ Outlook
Unless the teased buyback program from July actually drops, $LA risks bleeding further with every token unlock. Traders are split: is this dead money or a stealth accumulation zone?
Drop a ๐งฑ if your bag feels heavier than gravity itself right now.