LAB crashes over 90%โthis isnโt a routine pullback; itโs a collapse of trust.
The project is accused of a rug pull: internal addresses supposedly dumped large amounts, compounded by concentrated releases during the unlock period, leaving retail investors repeatedly harvested amid panic selling. The current price is $1.07, with a market cap of 333 million, yet the 24-hour trading volume is as high as 230 millionโliquidity is still there, but who exactly is taking the buys?
There are a few warning signs to watch:
First, the team walletโs on-chain activityโafter the unlock, whether they continue selling will determine where the next โfloorโ might form.
Second, whether the market maker cancels ordersโif depth is pulled away, any rebound is only likely to lure more buyers.
Third, community consensusโonce a rug label is attached, rebuilding the narrative becomes almost impossible.
For those still hoping to buy the dip, ask yourself one question first: Are you buying chips, or are you picking up the bundle that others are urgently trying to get rid of? After a 90% drop, another 50% decline is also commonโdonโt treat the risk of going to zero as a discount.
#LAB #RugPull #Risk Alert