LA Token Surges 15.88% After Perpetual Contract Launches and Major Exchange Listings Drive Volume

In the last 24 hours, LAUSDT (Lagrange) experienced a significant price increase of 15.88%, rising from 0.4000 to 0.4635 USDT on Binance. This upward movement is primarily attributed to the recent launch of LAUSDT perpetual contracts on major exchanges, including Binance Futures and BitMEX, which introduced up to 50x leverage and attracted heightened trading activity. Additional listings on platforms such as CoinUnited.io and Bitget, along with substantial trading volumes, contributed to increased market participation and volatility. The delisting of the LAUSDT perpetual contract on Gate.io on June 4, citing market stability and user protection, may have redirected trading volume to other exchanges, further amplifying price action. As of now, LAUSDT maintains a circulating supply of 193,000,000 LA, a market capitalization near $98.4 million, and a 24-hour trading volume exceeding 49 million LA on Binance, with continued volatility and active trader engagement following these major exchange events.