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$LAB Token Update — July 9, 2026
💥 MAJOR VOLATILITY ALERT: LAB is currently trading around $1.17-$1.25, after crashing nearly 80-90% in just 48 hours — it was above $17 earlier this week and briefly touched a market cap of $5B+ before collapsing to under $400M.
📉 What happened:
Massive sell-off from large holders/market participants triggered a liquidity cascade
Trading volume spiked over 130%, nearly matching the token's entire market cap in a single day
The
$LAB Trade team acknowledged "significant selling pressure from large market participants" but denied responsibility for the crash
⚠️ Ongoing concerns:
On-chain investigator ZachXBT has repeatedly alleged that insiders control a very large share (reportedly 90%+) of the token supply
Reports of price manipulation across centralized exchanges, with critics saying platforms like Binance, Bitget, and Gate haven't done enough to intervene
A major token unlock (~282M tokens, worth ~$1.9B at recent prices) is scheduled for mid-August 2026, which could add heavy sell pressure
📊 About
$LAB B: It's the native token of a multi-chain trading terminal that combines spot, limit, and perpetual futures trading across chains like Ethereum, Solana, and BNB Chain, with AI-based order routing.
⚠️ Important: LAB is an extremely high-risk, highly volatile asset right now, with credible manipulation and transparency concerns flagged by independent researchers. This is not financial advice — please do thorough independent research (DYOR) before making any decisions.
#LAB #crypto #CryptoNewss #Web3