LAB team burned $11 Million in tokens.
$LAB crashed 90% in a week. $27 billion FDV wiped down to $880 million. 📉...
Lab dropped to $1.17 from $27.
Team burned 10 million tokens worth $11M trying to stop the sell off. Price recovered 25% to $1.17......LITTLE BIT RELIEF.
But here's the problem that's ignored.
46.3 million tokens are about to unlock within the upcoming weeks.That is $48 million worth of fresh supply hitting the market within coming days.
ZachXBT already flagged insiders controlling 95% of supply. $1.6 million deposited into KuCoin and MEXC right before the crash.
The burn bought time. The unlocks could erase it.
MACD still deep in negative territory. Volume dropped 40% during the recovery. That's not confidence — that's a dead cat bounce.
$1 holds or it doesn't. Watch closely. 👀
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