Lagrange (LA) Token climb well well after dem list am for big places, but e fall 37% as early investors don cash out
The Lagrange (LA) token first scatter well well over 500% after dem list am for big big exchanges like Coinbase, Binance, MEXC, Bybit, and Upbit. Na strong technical foundation, clear tokenomics, and plenty seed money cause am. E market cap even pass $287 million for small time, make many traders dey interested and fear of missing out too much. But after e first climb up and give out free tokens, the price just fall sharp by 37% from e high point to $1.13, and the market cap come down to $220 million. This fall happen because early investors don cash out their money and plenty money dey flow into the exchanges, wey show say people dey sell am well well. Wetin people dey talk about am for social media don reduce, as LA share for discussions drop from 1.4% to 0.97%. Technical analysis show say e form 'double-top', wey mean say the price fit still go down, maybe even pass $1. The whole crypto market bad feeling, like Bitcoin wey fall back to $100,000 support level, also add to the wahala. Even though Lagrange dey target AI and blockchain with new technology for privacy and calculations, people don dey cash out their profit and the excitement don reduce, wey show say after listing, the price dey shake well well. Traders suppose dey careful and watch out for more fall.
Bearish
As LA token first enter market, e price jump well well—wey strong support from exchange, project wey solid, and investors wey ginger e push am—but after dat, plenty people just carry dia profit comot, na im make e price fall 37% and e market value reduce. Money wey dey rush enter exchange and people wey no dey talk about am too much for social media show say dat FOMO (Fear Of Missing Out) don dey cool down, plus technical signs like 'double-top formation' dey hint say e price fit still fall more soon. On top dat, di bad feeling wey dey for di whole crypto market don still help LA price go down, especially as traders wan secure dia profit and no wan risk too much because market no sure. Dis kain pattern wey token dey jump after listing then e go correct na normal thing, so LA fit still face down small before e come steady.