LAB Crashes 97% as Founding Team Dumped Millions of Coins

Laboratory Token (LAB) has suffered a catastrophic crash of over 97% in value after blockchain investigator ZachXBT revealed that the founding team was behind massive sales.

The token, which once briefly entered the top 20 altcoins by market capitalization, is now out of the largest 150. Its all-time high came just over a month ago at $27, but it has since plummeted to below $0.55 after ZachXBT accused the team of dumping millions of coins.

ZachXBT alleged that wallets funded by the LAB team deposited and sold millions of tokens on decentralized exchange Aster, with one wallet initially receiving 18.4 million tokens worth around $18.3 million at the time.

The entity behind the sales received more than 196 tokens directly from the team in April 2026, followed by another 97 million tokens transferred to other wallets later that month. The wallets still control over 80 million coins despite these sales.