LAB Token Drops 50% Amid Insider Allegations

LAB experienced a significant decline, falling by as much as 50% within the past 24 hours, with its price dropping from $5.50 to below $3 at one point. According to NS3.AI, the crypto community has raised concerns, alleging that insiders gained control of more than 95% of LAB's supply before artificially inflating the token's price. CoinMarketCap data indicates that LAB is currently trading at $3.57.