The LAB token market has suffered another devastating blow. As a result of another coordinated sell-off recorded on July 14, the asset's price collapsed by another 35%, reaching $0.22. This episode is the latest link in a chain of events that call the project's viability into question.
Analyzing the transaction chain, I identified that on July 13, an entity closely associated with the LAB project transferred 17.9 million tokens (worth approximately $7.2 million) from the Bitget exchange to a KuCoin deposit address. Immediately after the deposit on KuCoin, part of the assets was moved to the Aster spot platform, where the active sell-off began.
This operation led to a short-term but extremely aggressive price drop from $0.34 to $0.22. The remaining tokens are still on KuCoin wallets, creating a constant risk of further downward pressure on the market.
Timeline of the Collapse: From $14 to $0.22
The current sell-off is merely the culmination of a long process. My observations show that the first warning signs appeared as early as mid-May. By June 1, it became evident that LAB was manipulating the market through market makers, creating an artificially inflated market capitalization.
The key moment was the crash on July 8, when the LAB rate plummeted by 85% in a single day — from $14 to just under $2. It then became clear that exchanges, including Binance, Bitget, and Gate, had not taken preventive measures. Then, on July 12, a new wave followed: 18.4 million LAB (approximately $18.3 million) were deposited on the Aster platform, causing the price to drop another 54% — from $1.2 to $0.55.
It is important to note that this entity received over 196 million LAB from the project team back in April 2026. After a series of sell-offs, it still held 81.5 million tokens, which it continued to hold in order to later dump them on the market.
Tactics of Obscuring Trails
During the investigation, I also recorded an attempt by the entity to change its "fingerprints" on the blockchain. The goal is to hide the source of funding and complicate the tracking of fund movements. This is a classic tactic of insiders who control the entire free float of the token and manipulate the price on centralized exchanges.
My analysis confirms: retail traders are lured into a trap by listings on major platforms and an inflated market capitalization, creating an illusion of reliability. In reality, LAB is a project with a fully insider-controlled supply, where every "rally" is an invitation to liquidation. Investors should exercise extreme caution: current levels are not the bottom as long as a significant portion of the issuance remains in the hands of manipulators.