LAB Price Crashes 80% in a Week: Capitulation or Market Manipulation?

LAB’s steep decline—down more than 80% in a week—has intensified debate over whether the move reflects capitulation or broader structural stress. The article says sentiment may hinge on LAB reclaiming $5.12 to stabilize, while a further loss of $2.60 could indicate the selloff phase is still unfolding. It attributes the reversal after a rally of more than 150% within days to profit-taking and tokenomics concerns tied to an upcoming release of 27 million LAB tokens valued at roughly $336 million at recent prices. The piece notes LAB trades around $3.42, down more than 44% in the past 24 hours, with heavy volume between $10 and $15. It highlights support around $2.60–$2.70 and suggests a sustained move above the 0.236 FIB near $5.12 could aim toward a high-volume node around $10.