LA Token Drops 15.73% Amid $1.5M Short Liquidations and Strategic Expansion Into AI
LAUSDT has experienced a sharp price decline over the last 24 hours, with the price dropping 15.73% from a 24h open of $0.3026 to $0.2550 (Binance). The notable decrease appears to be driven by significant short position liquidations totaling $1,511,400, indicating aggressive short activity and possible stop-loss cascades, alongside elevated volatility and trading volume across exchanges. Recent technical adjustments, such as BingX's change to funding rate settlement, and ongoing strategic developments in the Lagrange project, including expansion into AI and zero-knowledge infrastructure, continue to shape sentiment. LAUSDT remains actively traded on major platforms with a reported market capitalization between $37.93 million and $52.4 million, a circulating supply of about 193 million LA, and recent 24h trading volume ranging from $227,360 to over $219 million.