▲ $LAB Is Down 98% This No Longer Looks Like "Normal Volatility"
$LAB is trading around $0.1806 , down nearly 99% in one month.
From a trader's view, this is not just a bad chart.
This is a confidence collapse.
The token first pumped hard in May, with FDV reportedly reaching close to $14B after hype around the mobile app launch and broader altcoin momentum. But then the red flags started stacking up.
On-chain investigator ZachXBT repeatedly warned about alleged insider control, opaque OTC deals, sudden vesting changes, and possible market-making coordination across major exchanges.
Then came the real damage.
LAB crashed 80% + in a single day on July 8, triggering heavy liquidations. A few days later, another sharp drop followed after reports of a wallet linked to the team selling 18.4M LAB. The timing also overlapped with major unlock pressure.
Now price is below $0.20, and the market is treating LAB less like a "dip" and more like a broken trust event.
The biggest risk is not only price.
It is token supply transparency.
If large amounts of supply remain unclear or untracked, every bounce can become exit liquidity for someone else.
My view: LAB may still produce violent dead-
cat bounces, but this is no longer a clean trading setup. Until transparency improves, bottom fishing here is basically gambling against insiders.
▲ High risk. Not financial advice.
$LAB is trading around $0.1806 , down nearly 99% in one month.
From a trader's view, this is not just a bad chart.
This is a confidence collapse.
The token first pumped hard in May, with FDV reportedly reaching close to $14B after hype around the mobile app launch and broader altcoin momentum. But then the red flags started stacking up.
On-chain investigator ZachXBT repeatedly warned about alleged insider control, opaque OTC deals, sudden vesting changes, and possible market-making coordination across major exchanges.
Then came the real damage.
LAB crashed 80% + in a single day on July 8, triggering heavy liquidations. A few days later, another sharp drop followed after reports of a wallet linked to the team selling 18.4M LAB. The timing also overlapped with major unlock pressure.
Now price is below $0.20, and the market is treating LAB less like a "dip" and more like a broken trust event.
The biggest risk is not only price.
It is token supply transparency.
If large amounts of supply remain unclear or untracked, every bounce can become exit liquidity for someone else.
My view: LAB may still produce violent dead-
cat bounces, but this is no longer a clean trading setup. Until transparency improves, bottom fishing here is basically gambling against insiders.
▲ High risk. Not financial advice.