Lagrange ($LA ) has increased by 3.37% over the last 24 hours. First, let's look at the price data. The current price is $0.369, with a daily increase of 3.37%. Over the last 7 days, the price has decreased by 1.42%, and over the last 30 days, it has decreased by 7.90%, which means today's increase is a rebound after a recent decline.
Looking at the news and context, there are mentions of a possible token buyback by the Lagrange Foundation. On July 14, 2025, they announced consideration of a buyback to stabilize the price, which could reduce the number of tokens in circulation and increase investor confidence. This is a positive signal.
Technical analysis shows that RSI14 is 47.52 — this is close to the neutral zone, indicating that the price is not overbought. The MACD histogram is positive at 0.0041926, indicating bullish momentum. Additionally, the price is above the 30-day moving average ($0.35052), which can act as support.
Regarding the market, the total cryptocurrency market capitalization increased by 5.97% over the day, so the growth of $LA may partially be related to the overall trend. However, the growth of $LA by 3.37% is less than the market as a whole, indicating the presence of factors specifically affecting this token.
Another factor is the recent listing on the Toobit exchange on August 1, 2025, which may have increased the visibility and liquidity of the token. Also, a mention in a Bitrue article as a new project with a high level of security (Skynet Score 86.28) can attract investors.
However, there are risks associated with the token's inflation (4% per year) and past price declines after listings on exchanges, such as a 22% drop after the listing on Binance in July. The consideration of a buyback by the Foundation is an attempt to counteract such fluctuations, but this has not yet been confirmed.
Thus, the combination of news about a potential buyback, technical indicators with a bullish sentiment, and positive market trends likely contributed to the growth of LA over the last 24 hours. However, investors should monitor the implementation of the buyback and overall market movements.#la