Kategorie: Altcoin News

• Lagrange (LA) drops 22% despite Binance listing and market rally.
• LA price currently hovers near key support at $0.3902 after a sharp correction.
• The recent price drop follows June’s 216% surge after Coinbase listing.

Lagrange (LA), a zero-knowledge proof altcoin designed to power advanced blockchain computations, is experiencing a sharp price decline even as broader crypto markets enjoy a bullish momentum.

The downturn comes at a time when major coins like Bitcoin (BTC) and Ethereum (ETH) are climbing, leaving investors wondering why Lagrange is bucking the trend so dramatically.

Although the project has been praised for its cutting-edge infrastructure, recent events seem to be reshaping market sentiment around the LA token.

Binance listing triggered unexpected sell-off

Just days ago, Binance, the world’s largest crypto exchange, announced its official support for Lagrange (LA), listing the token on several of its services, including Binance Simple Earn, Convert, Margin, and Buy Crypto.

Contrary to expectations, the news did not boost LA’s price; instead, it marked the beginning of a rapid downturn, with the asset plummeting from a seven-day high of $0.676 on July 9 to $0.416 within 24 hours.

This decline continued into July 11, as Lagrange (LA) shed an additional 12.2% in daily trading, settling at $0.3996 despite the high trading volume of over $164 million.

While exchange listings typically trigger price surges, some analysts suggest that the Binance announcement may have encouraged profit-taking from traders who had anticipated the news.

A brutal 7-day correction

The recent 7-day trend has not been kind to Lagrange, with its price tumbling by over 22%, placing it near a key support zone between $0.3902 and $0.4554.

With broader market sentiment remaining positive, LA’s decline is unusual and hints at token-specific dynamics at play rather than market-wide weakness.

Currently, the altcoin is hovering just above a crucial technical level at $0.3902, and failure to hold this support could lead to further downside.

However, if buyers manage to regain control, analysts say a short-term rebound toward $0.4800 or even $0.5000 remains within reach.

Notably, the decline follows a recent rally in June, when LA surged by over 216% after being listed on Coinbase, rising from $0.253 to $1.50 in just a day.

That spike, while impressive, may have set the stage for a correction, especially with the token hitting an all-time high of $1.72 on June 6 before reversing course.

Since then, LA has dropped nearly 77% from its peak, creating growing concerns among traders about the sustainability of its gains.

This rapid boom-and-bust cycle has made LA a volatile token to watch, particularly for short-term traders navigating resistance and support zones.

Where does Lagrange (LA) go from here?

While Lagrange’s recent price trajectory is troubling for holders, the asset is approaching technical levels that could invite fresh buying interest.

Should Lagrange (LA) maintain support above $0.3900, there is potential for a modest rebound in the short term, particularly if positive momentum from the broader market spills over.

On the other hand, a breakdown below this level could lead to increased selling pressure, potentially pushing the token toward new lows.

For now, investors are advised to watch market signals closely and weigh the risks of volatility against the project’s strong technological foundation.

The post Why is ZK proof altcoin Lagrange (LA) dropping amid a rally in crypto market appeared first on CoinJournal.

• HBAR price rose 15% to hit highs of $0.20 as Bitcoin jumped to a new all-time high.
• Salt app launch on Hedera amid overall bullish sentiment could push HBAR price to key resistance at $0.37.
• The all-time high of $0.57 reached in September 2021 is a potential short-term target.

HBAR, the native token of Hedera, has jumped by more than 15% in the past 24 hours to hit highs of $0.20.

This comes amid Bitcoin’s spike and news related to the launch of Salt, a South Korean-based mobile trading application on Hedera.

The token is also up amid the recent announcement of a milestone integration involving NVIDIA Blackwell, EQTY Lab’s Verifiable Compute, SCAN UK, Accenture Public Sector, and Hedera.

Could these developments spark further adoption for HBAR and hence boost the token’s price?

Hedera (HBAR) price spikes amid Salt beta launch

Salt’s beta version is going live on Hedera, a move the Hedera Foundation announced early Friday.

The integration has catalyzed a notable increase in HBAR’s price, which is up 15% in the last 24 hours and over 32% higher over the past week.

Salt’s integration on Hedera is eyeing the MemeFi space, the Hedera Foundation said.

The South Korea-based app will leverage the Hedera network’s scalability and efficiency, offering users access to over 30 chains and major decentralized exchanges (DEXs).

It’s great to see that @saltapp_xyz, the South Korean-based trading application, has launched its beta on @Hedera to help expand the MemeFi ecosystem across APAC and beyond 🇰🇷 pic.twitter.com/9YtKLIDn1W

— Hedera Foundation (@HederaFndn) July 11, 2025

The strategic importance of this partnership is that it expands Hedera’s presence in the Asia Pacific region. It will make DeFi on Hedera “fast, familiar, and fun”.

“SALT is a mobile trading app on Hedera that makes DeFi feel fast, familiar, and fun. One-click wallets get you in, smart routing gets you the best trade, and a clean interface keeps you moving,” Hedera Foundation posted on X.

This broad connectivity is expected to attract a diverse user base, fostering increased trading activity and liquidity for HBAR.

Additionally, Salt’s reward system, which allows traders to earn points through swaps, referrals, and engagement, further incentivizes user participation, potentially driving demand for HBAR.

Hedera price prediction

As well as the overall Bitcoin-driven bullish sentiment, the surge in HBAR’s price is getting upward support from recent Hedera ecosystem milestones.

One of these is an announcement that sees the NVIDIA Blackwell platform support EQTY Lab’s Verifiable Compute deployment.

Per an announcement, the collaboration also involves computer hardware suppliers SCAN UK and Accenture Public Sector.

The EQTY Lab’s initiative is built on Hedera, adding to the potential adoption exposure for HBAR.

According to market analysts, HBAR price can target the robust resistance level at $0.37 if bulls go higher.

Further legs up will bring the all-time high of $0.57, achieved in September 2021, into view as a potential short-term target.

However, the key support levels remain around $0.13.

The post HBAR price soars as South Korean trading app Salt launches on Hedera appeared first on CoinJournal.

• Pepe price has jumped 15% in the past 24 hours to lead top memecoins.
• Dogwifhat price breaks above $1, hitting highs of $1.07 as bulls eye fresh gains above the psychological level.
• BONK is up 41% in the past week, and the latest move extends its recent gains.

As Bitcoin attracts headlines with a massive spike to a new all-time high, tokens like Pepe (PEPE) are outpacing peers to lead memecoins higher.

The cryptocurrency market’s bullish flip has also seen Dogwifhat (WIF) and Bonk (BONK) show signs of further gains.

PEPE’s bounce and WIF, BONK’s uptick coincides with Bitcoin breaking above $118,000 and Ethereum’s spike to above $3,000.

Omni Network rose sharply while Sei traded higher as one of the top altcoins under $1.

BTC and ETH recorded huge fund inflows as prices rose.

Analysts say the gains for BTC highlights strong market sentiment and excitement.

“Bitcoin trades at $118,000 this morning, marking a fresh all-time high. The rally reflects both market excitement and a foundation of strong macro drivers beneath the surface. One key catalyst is renewed frontloading by global manufacturers. Tariff threats are driving firms to import early and draw down credit, echoing past cycles of policy uncertainty,” the analysts posted on X.

Pepe surges 15% to lead top memecoins

Pepe (PEPE), a frog-themed memecoin, has emerged as the frontrunner in the current memecoin rally, posting a 15% gain in just 24 hours.

Currently ranked among the top 30 cryptocurrencies by market capitalization, PEPE’s price has spiked by more than 31% in the past week. The upside sees PEPE break out of a falling wedge pattern, a bullish technical signal that suggests another leg up.

Notably, the memecoin’s trading has surged 70% to $2.35 billion in the past 24 hours. The Pepe price reached $0.000013, about 54% off its all-time high above $0.000028.

Bulls could eye this amid upward momentum. However, profitaking risk means bears might yet revisit support levels.

Dogwifhat price breaks above $1 – a psychological level

Dogwifhat (WIF), a Solana-based memecoin, has broken above the $1 mark. Per CoinMarketCap, WIF reached highs of $1.07, surpassing the key psychological level for the first time since early June.

WIF’s price surged by 8% in the past 24 hours builds on its 20% gain over the week.

The token’s rise aligns with a spike in trading volume. Dogwifhat’s daily volume is up 39% to over $712 million amid broader crypto market optimism.

The memecoin could target higher resistance levels if buying pressure persists. However, its recent dip to $0.85 highlights it as a potential support level.

BONK price extends weekly gains to 41%

Bonk (BONK), another Solana-based memecoin, has gained an impressive 41% over the past week. The token traded to intraday highs of $0.000024 as memecoins mirrored Bitcoin’s rally.

The memecoin is eyeing gains amid the sector’s recent performance that signals possible upward movement.

As Bitcoin and Ethereum continue to drive market sentiment, BONK may look to break to the all-time highs of $0.00005916 seen in November 2024.

As Bitcoin price hits new highs, altcoins and memecoins are benefiting from the spillover effect, with PEPE, WIF, and BONK among top gains

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