#GateSquareMayTradingShare


LAB continues to experience strong upward movements today, setting a new all-time high! The exact same pattern as $RAVE , still daring to enter without hesitation?

Based on the concept of multi-chain AI trading terminals and the advantage of low fluctuation chips, the FOMO atmosphere in the market is truly peaking.

But when looking at the market structure and chips, LAB is very similar to the previous RAVE manipulation technique, suspicion of market control by whales is very high!

Core similarity comparison:
Token fundamentals: both sides have a total supply of 1 billion coins, currently only about 23% in circulation, chips are highly concentrated;

Position control: The LAB project team and investors directly lock 34% of the chips, RAVE is even worse, previously control reached over 90%.

The pattern is completely repeated: quietly buying around 0.20 at low positions → volume of funds increases drastically to push the price up → large deposits on CEX gradually for distribution → finally a sharp crash and fall!

Lesson from previous RAVE: from 0.25 in April rising to a peak of $28, then exposed by ZachXBT, the price continued to plunge and drop again, now the price is only $0.64, the largest decline over 97%!

Short-term operations can be corrected to around 4.0-4.2 with very small positions to try buying, tighten stop loss below 3.8.
LAB-2.97%
RAVE2.79%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin