$1.1 to $$LAB —buy the dip or run away?

First, look at the surface: from the peak to the floor, it only took two weeks.
It surged to a historic high of $27.96 in early June, then in just 48 hours in early July it collapsed by 90%+, and now it hovers around $1.1. Over the last 7 days, it’s down 90%; over 30 days, it’s down 87%. Market cap shrank from $5 billion to $320 million, yet 24-hour trading volume is as high as $228 million—turnover rate 70.
First thing: the plunge wasn’t because the project died—it’s because the supply of chips is too concentrated.
The top 100 wallets hold over 99.86%.
What does that mean? Liquidity for the whole market is only a few million dollars, yet it props up a $5 billion market cap.
With just a few million dollars, you can pull the $5 billion market down 90%.
This isn’t about the team not trying—it’s Tokenomics’ congenital defect.
Second thing: July 14 is the bomb countdown for unlocks.
On July 14, 46 million+ tokens will be unlocked, and in August there’s an even larger amount.
At the $1.1 price, the unlock is basically profit—early entry costs are almost zero.
The market is pricing in this negative news early, so the price keeps falling.
But has that bad news already been fully absorbed now?
If, after the unlock, the whales choose to keep holding, then $1.1 is the floor.
If they choose to dump, then $0.5 is coming.
Third thing: the project team is still working.
The iOS/Android app is live, supporting multi-chain transactions.
Their goal is to build a “crypto version of Robinhood + AI analysis.”
The team responded that the crash is partly due to burning some tokens as they dealt with whale sell pressure.
Sounds plausible, right?
But the issue is—
With 99.86% of the chips concentrated, any “work being done” looks pale.
It’s not that the project can’t work—it’s that the token distribution structure is too poor, treating value investors as harvestable grass.
Key levels
Resistance above: 1.15–1.35 (the heavy sell-pressure zone) → 2.0 (needs volume confirmation)
Support below: 0.90–1.00 → 0.80–0.81 (historical low liquidity area)
For short-term traders:
Mostly wait-and-see. A bounce to 1.15–1.35 could be used to cautiously short with a small position; target 0.96 → 0.80; stop-loss 1.40.
If you want to buy the dip, wait for the 0.80–0.90 area to show stabilization on shrinking volume, then enter; stop-loss 0.75.
For swing traders:
Wait until after the July 14 unlock to decide. If, after the unlock, the price doesn’t break new lows and stabilizes with strong volume, consider building positions in batches. Otherwise, keep watching.
For long-term believers:
If the project can survive until the end of the year—app users keep growing, and cross-chain transaction volume rises—then you can DCA in the 0.70–1.00 range with targets of $3–$5. But you need to be psychologically prepared for the possibility of going to zero.
#PredictWorldCup🇪🇸vs🇧🇪