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$LAB Crypto Crash News (Latest)
The
$LAB token has experienced one of the sharpest crashes in the crypto market this month, with its price dropping over 90% within 48 hours from recent highs, erasing billions of dollars in market value.
The main factors behind the selloff include:
🚨 Large team-linked wallet sales, with on-chain investigator ZachXBT reporting that wallets connected to the project sold millions of LAB tokens on decentralized exchanges, triggering heavy selling pressure.
⚠️ Market manipulation concerns, as analysts alleged a high concentration of token ownership and insider-controlled supply, raising investor fears.
📉 Confidence collapsed, leading to panic selling and a sharp decline in liquidity. Some reports indicate the token is now down more than 95% from its all-time high.
While some traders are speculating on a recovery, the token remains highly volatile, and its short-term direction will likely depend on whether the project can restore investor confidence and address concerns about insider selling.
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