Bubblemaps Calls for CEX Intervention Amid LAB Manipulation Claims

Bubblemaps has called on centralized exchanges (CEXs) to address alleged manipulation of the LAB token. According to NS3.AI, the firm claims that insiders control over 95% of the LAB supply. It reported that several wallets transferred 1.5% of the LAB supply, valued at approximately $300 million, to Aster before a price increase. Bubblemaps identified LAB as the latest token in a series of manipulated assets, which also includes RAVE, SKYAI, and PIPPIN.