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$LAB Big Demon Coin, its dual nature is really worth shocking retail investors🔥
Sister Min knows that most retail investors playing LAB are basically in a state of losing more than winning, with a huge disparity between profit and loss. Sister Min will briefly share her views on LAB here👇
Actually, LAB's dual nature is too strong!! One side is good, the other bad, so retail investors can't grasp it
This coin is different from those coins that rely solely on PPT pie-in-the-sky presentations; it has some real skills. Before going live, it handled $700 million in trading volume and earned $3.5 million in fees, which is rare data for a new coin. Plus, LAB has a deflation mechanism, and the project team will buy back and burn tokens
The positive aspects are enough to attract and deceive retail investors into taking the bait
Now, let's talk about the bad side. A few days ago, there was a major scam on the chain, the founder was exposed, and ZachXBT (a well-known crypto investigator) publicly said the founder manipulated the exchange's token price. Not long after being accused, the project's multi-signature wallet started transferring tokens wildly, whether it’s to run away or to dump the price, nobody knows
Plus, only 31% of the tokens are in circulation now, with the remaining 69% gradually unlocking later. Each unlock will bring huge selling pressure
Sister Min mentioned the dual nature above, retail investors should really examine it carefully. Also, don’t be like LAB’s team, which wants to pump the price to sell high but is also afraid of being exposed and investigated, as they can dump at any time!!
Therefore, Sister Min’s operational advice on LAB: the long-term trend is definitely bearish, but only play short-term. Holding long-term is just waiting to be cut
Contract traders should enter with a small position, and note: it’s a small position!!! Don’t fall in love with the battle#美国4月PPI同比暴涨6%