$LAB Price Plummets Amid Market Manipulation Allegations

The Lab token ($LAB) has been at the center of a market manipulation controversy, with on-chain investigator ZachXBT accusing the team of orchestrating the recent rally through private loans and coordinated market-maker deals.

According to ZachXBT, the team used discounted OTC deals and market-maker coordination to pump up the price. Insiders allegedly deposited 226 million $LAB into Bitget deposit addresses between March and April 2026, then withdrew 100 million $LAB, sparking investor concern.

The allegations have led to a significant drop in the altcoin's price, with $LAB trading at $4.15, down 24% on the daily charts and 15% from its ATH recorded days ago.