Attention! LAB and RAVE are run by the same team in the market. Don’t touch them!

On-chain data shows:

· In the past ten hours, LAB withdrew 100 million tokens from a certain exchange (worth $514 million), accounting for 32% of the circulating supply.
· This operation is exactly the same as the previous “demon coin” RAVE—right down to the Gas source addresses being highly similar.

How does RAVE work?
Pull up 140x in ten days, then dump 90%, causing liquidation worth tens of millions of dollars across the entire network.

Now LAB is using the same playbook too:

· In 24 hours, liquidated $17.09 million, of which $15.23 million came from short positions (liquidating the short side—blowing up the “short-sellers”).
· The long/short ratio is close to 50% vs 50%, but 98% of the chips are in the team’s hands—if they want to pump, they pump; if they want to dump, they dump.

In plain terms:
This is a scheme where the market maker sells off their inventory and buries people at any time.
Don’t gamble, don’t try to bottom-buy, and don’t touch contracts.
Stay away from LAB, and stay away from any coins from the same team as RAVE.

Your life comes first.

$LAB