LAB Token Crashes 80% to $1.25 as $5B Market Cap Vanishes in 48 Hours
The post LAB Token Crashes 80% to $1.25 as $5B Market Cap Vanishes in 48 Hours appeared on BitcoinEthereumNews.com. Key Takeaways LAB token cratered 90% over 48 hours, wiping out billions in market cap. ZachXBT slammed top centralized exchanges for failing to halt the July manipulation. Investors surged to avoid trading LAB as team token unlocks are set for later in July 2026. LAB Trade Blames ‘Large Market Participants’ LAB, the native token of the multi-chain trading platform LAB Trade, suffered a catastrophic collapse this week, plunging from just over $7 to $1.25 on Wednesday—a staggering 80% decline in under 24 hours. This crash followed an equally brutal sell-off on Tuesday, which saw the token slide from nearly $17. In total, LAB wiped out nearly 90% of its value in just 48 hours. LAB crash chart: CoinGecko The financial fallout was swift: a market capitalization that exceeded $5 billion on Tuesday morning evaporated to just $390 million by 3:30 p.m. EST on Wednesday. The freefa