$LA
Down 2.46% over the last 24h, underperforming the broader crypto market (+0.013% BTC dominance). Key factors:
Token Unlock Concerns – 40M LA tokens moved to exchanges (Binance warning)
Technical Breakdown – Price broke below critical $0.334–0.327 support zone
Weak Market Sentiment – Altcoin Season Index at 46/100, showing muted risk appetite
Deep Dive
1. Token Supply Pressure (Bearish Impact)
Overview: On-chain data revealed 40M LA tokens (21% of circulating supply) were transferred to exchanges on August 11–12, 2025, per a Binance alert. This followed earlier July warnings about foundation-controlled tokens entering markets.
What this means:
Increased selling pressure from unlocked tokens often precedes price declines
LA has no max supply cap, creating dilution concerns during bearish cycles
What to watch: Exchange outflow metrics and foundation’s response to volatility.
2. Technical Support Failure (Bearish Impact)
Overview: LA broke below the $0.334–0.327 support zone (August 20–24), a level that had held since July. The RSI(14) at 48.12 shows weakening momentum.
What this means:
Breakdown triggered stop-loss orders and algorithmic selling
Next support at $0.310 (June 2025 low) if bearish continuation occurs
Key metric: Daily close above $0.344 (7-day SMA) could signal short-term recovery.
Conclusion
LA’s decline reflects token-specific risks (unlocks) amid cautious altcoin markets. While the project’s ZK-proof AI use cases show long-term promise, near-term volatility may persist until supply concerns ease.
Key watch: Foundation’s token management strategy – will they activate proposed buybacks to counter dilution? Monitor Lagrange’s X account for updates.
