LAB Token Plummets Over 30% After Insider Control Accusations

The price of LAB token has taken a significant hit after accusations of insider control were made by crypto investigator ZachXBT.

According to on-chain researcher ZachXBT, 95% of LAB tokens are controlled by insiders, raising concerns about market manipulation and limited public distribution.

This news has caused a sharp selloff in the token's price, with it plummeting over 30% in just one day.