Lagrange ($LA ) has decreased by 1.33% to $0.357 in the last 24 hours, which is worse than the overall growth of the cryptocurrency market (+0.71%). Main reasons:
Concerns over token unlocks – 40 million $LA transferred to exchanges on August 11-12
Technical testing of support – the price is testing an important level of $0.327–0.334
Mixed market dynamics – the rotation of altcoins is slowing down despite seasonal growth
The decline of $LA is more related to specific events concerning token supply than to fundamental problems of the project. The combination of token unlocks, technical uncertainty, and caution in the sector has created conditions for profit-taking.#la #lagrange @Lagrange Official