LAB, we said this coin had issues when it was at 16u, now it's dropped to 3u. Let's talk about what these people did.

At that time, ZachXBT pointed out that insiders were holding the vast majority of the chips in their own hands, and what ordinary people bought was insignificant. This structure was a trap for retail investors from the very beginning.

On June 2nd, it was pumped to 27.3u. The higher it rises, the harder it falls. It was meant to make retail investors buy at the top, then the whales sold off calmly. In less than two hours, the market cap dropped by more than half, and all those buried were ordinary people.

The bounce to 16u was another opportunity to sell. Unlocked chips were continuously dumped into the market — sell a bit, dump a bit, slowly pushing the price down.

These people had it all planned out: sell high, dump on unlocks. On August 14th, nearly 30% of the supply will enter the market, and it will be another wave.

From 27.3u to now 3u, everyone knows where the money went — it transferred from retail investors' pockets to the whales' pockets.

If you see this kind of coin in the future, just steer clear.

$LAB

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