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In 48 hours, LAB lost nearly 90% of its value.
The LAB token is the native token of the multi-chain trading platform LAB Trade. On Wednesday, in less than 24 hours, its price fell from just over $7 to $1.25, a drop of 80%.
It was also reported that investors massively abandoned trading LAB, as the team's token unlock is scheduled for the end of July 2026.
The LAB Trade team expressed disappointment and shifted the blame to external large sellers.
#LAB #labscum