LA Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like LA.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of LA, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of LA.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of LA on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of LA.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for LA and the broader cryptocurrency market.

LA achieved the all-time high of $1.82 in 2018-01-07, and is currently trading at $0.01567.

LA reached its all-time low of $0.00186 on 2020-05-12.

The current market cap of LA is $950.88K, as 60.68M LA is trading at the price of $0.01567.

There are currently 60.68M LA circulating in the market. These LA can be actively traded or used in the open market.

The maximum supply of LA is 1B , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of LA is $15.67M. The FDV is calculated taking the assumption that all supply of LA is circulation, multiplied by its current price of $0.01567.

Using an algorithm to automatically identify historical data trends, this LA price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

LA offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that LA and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in LA.

You can buy LA via Gate by following the steps on how to buy LA once you have funded your account.