LAB market analysis: the “100x myth” ends, the downsloping trend is hard to change
LAB rode the narrative of an AI trading terminal to deliver a 100x run, with its peak reaching $24.39980. Countless speculators chased after the wealth-boosting upside.
After the APP launch went live as a positive catalyst, the project team concentrated large holdings to dump the market, and the coin price began a cliff-like collapse. Today it hovers around $0.2, with the drawdown from the high approaching nearly 98%.
The current market is entangled in multiple bad factors: 95% of the tokens are held by the team’s major wallets, meaning any rebound is likely an exit and sell-off. In August, a massive tranche of tokens—28% of the total supply—will unlock, prompting market funds to de-risk in advance. Across the board, dense trapped positions keep stacking up pressure, and no incremental capital is willing to step in to absorb the sell pressure.
Even if major coins like ETH and BTC continue to strengthen, LAB can only manage small impulse rebounds, making it difficult to break through the $0.3 resistance level. Pushing up to $0.5 is even more unlikely.
Under the threefold pressure of no ecosystem earnings support, heavy cartel-style control, and large unlocks, the long-to-mid-term risk of going to zero remains high. This kind of pure speculation altcoin is only suitable for quick in-and-out trading on the short term; it is absolutely not suitable for long-term “hold and gamble on a rebound.”$