$LAB just broke below $0.10 — and dragged with it the last shred of "maybe this stabilizes" thinking anyone had left.
The August 14 unlock dumped 282 million tokens, 28.2% of max supply, in a single day. Price crashed roughly 20% in 24 hours, volume spiked 278%, and today it's sitting at $0.08542 — down 99.69% from its June peak. That's not even the part that should worry you most. CMC has paused LAB's supply updates entirely, and 70.8% of total supply is flagged "untracked." Nobody outside the project actually knows where most of these tokens are, or when they show up next. On top of that, monthly unlocks of 16.23M tokens run straight through December — a fresh supply wave every 30 days, whether the price has recovered or not.
When the tracked data is bad and the majority of supply isn't even tracked at all, what exactly are people still pricing in?
#TokenUnlock
The August 14 unlock dumped 282 million tokens, 28.2% of max supply, in a single day. Price crashed roughly 20% in 24 hours, volume spiked 278%, and today it's sitting at $0.08542 — down 99.69% from its June peak. That's not even the part that should worry you most. CMC has paused LAB's supply updates entirely, and 70.8% of total supply is flagged "untracked." Nobody outside the project actually knows where most of these tokens are, or when they show up next. On top of that, monthly unlocks of 16.23M tokens run straight through December — a fresh supply wave every 30 days, whether the price has recovered or not.
When the tracked data is bad and the majority of supply isn't even tracked at all, what exactly are people still pricing in?
#TokenUnlock