LAB Token Presale Sees Significant Gains Amid Liquidity Concerns

Bubblemaps, a blockchain data platform, has released an analysis of the LAB token on X platform. According to Odaily, the presale of the token on the Legion platform involved only 313 participants, with an initial investment of approximately $1.428 million. The current market value of these presale tokens has surged to $977 million, with investors seeing nearly $1 billion in paper gains. Due to the unlocking rules, investors' full shares are locked until 2027, making it difficult to liquidate funds. The first batch of tokens was unlocked on July 14. Bubblemaps warns that the high concentration of LAB tokens combined with the long-term lock-up economic model poses significant liquidity risks. There is widespread concern in the market that subsequent rounds of unlocking could lead to large-scale profit-taking, potentially putting pressure on the market.