LA0.3168+1.50%
Market Picture
LA token dropped sharply by 16% to $0.41 after being listed on Binance TR (previously at $0.5780).
Trading began at 16:00 UTC on July 9, after a 4-hour delay due to 'security preparations'.
The LA/TRY trading pair shows declining trading volume since its launch.
Impact Factors
The listing delay creates instability, leading to early sell-off pressure.
Profit-taking after the airdrop is common among token recipients.
Overall crypto market sentiment strongly impacts newly listed tokens.
Trading Notes
The $0.40 level is emerging as a potential support level to watch.
Volatility is expected to continue as the market determines fair value.
Airdrop participants may create sell-offs when the token lock-up period ends.
Check listing notifications, community reactions, and technical analysis to better understand LA's resilience.
