“Lab” or “LAB” may be an abbreviation for a specific project’s token. These types of coins usually have very small market caps, poor liquidity, and extremely volatile prices. It’s very likely they will become worthless. In the crypto world, these coins are often referred to as “copycat coins” or “rubbish coins.” Their lifecycle is very short: they can skyrocket by dozens of times overnight, or drop by more than 90% within a few hours.