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Altcoin News

LAB Token Price Drops 99% to $0.27 Amid On-Chain Scandals & July 14 Unlocks 

Collapsing from its multi-dollar peak down to $0.27, the LAB token has erased over $5 billion in market value as severe insider dumping allegations from ZachXBT collide directly with today's scheduled 16.23 million investor token unlock.

Written By Divya Mistry
Published 53 minutes ago
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LAB Token Price Drops 99% to $0.27 Amid On-Chain Scandals & July 14 Unlocks 

As of July 14, 2026, LAB, the native token of the multi-chain trading platform LABtrade, is trading at $0.27, briefly touching $0.24, down 23.5% over the past 24 hours. Market cap sits at $84.2 million, with fully diluted valuation (FDV) at $271.9 million. Circulating supply stands at approximately 312 million LAB out of a total supply near 990 million–1 billion. 24-hour volume remains elevated at around $184 million. The current price is a 99% decline from its all-time high of $27.22 in June 2026. 

The price chart on CoinMarketCap shows a sharp reversal after a brief attempt to stabilize or recover toward the $0.40–$0.45 range, with a steep decline into current levels—continuing the brutal downtrend that has defined the token since early July.

Source: LAB Price Data – July 14, 2024, CoinMarketCap

Recap of the Collapse

The Crypto Times has provided extensive, real-time coverage of LAB’s dramatic trajectory:

  • In early May 2026, LAB surged over 160–500%+ on catalysts like its mobile app launch and broader altcoin momentum, briefly pushing FDV toward $6 billion (and later higher peaks near or above $14 billion at intraday highs around $14+).
  • On May 7 and May 12, on-chain investigator ZachXBT made accusations of price manipulation, opaque private loans/OTC deals, unilateral vesting changes, market maker coordination, and claims that insiders controlled >95% of the supply at the time.
  • The token peaked above $14 (some reports noted intraday levels near or above $24 in context of the freefall) before the major unwind began.
  • July 8, 2026: LAB suffered an 85% single-day crash from ~$14 to under $2, erasing billions in nominal value. This was the crash ZachXBT warned about for months, with the onchain sleuth criticizing major exchanges (Binance, Bitget, Gate.io) for inaction despite prior red flags and calling the setup a case of extreme insider-controlled float manipulation via market makers.
  • July 9: The LAB team broke silence, attributing the sell-off to “heavy selling by large market participants” and “independent trading firms” unaffiliated with the project. They emphasized that the product roadmap and focus remained unchanged while monitoring volatility with liquidity partners. At the time, price had fallen to ~$1.34, with market cap ~$420 million and surging volume.
  • July 10: LAB announced a permanent 1% token burn of total supply as one step amid the collapse (which had already exceeded 90% from peak in some reporting). The team also expanded support to Robinhood Chain.
  • July 12: Another sharp leg lower — 54% drop from ~$1.20 to ~$0.55 — after ZachXBT linked an $18.3 million sell-off (18.4 million LAB dumped on Aster DEX) to an entity that had received >196 million LAB directly from the LAB team in April 2026. The tokens had routed through Bitget deposit addresses earlier. The same cluster still held another 81.5 million LAB at the time of the report, creating ongoing supply overhang concerns. The Crypto Times noted the token had now plunged over 98% from its peak.

Current Situation and New Pressure Points

The latest drop to $0.2795 extends this freefall. On-chain concerns have not abated. ZachXBT’s earlier mapping showed commingling of funds, ties between loan contracts, buybacks, and founder-linked exchange deposits, alongside patterns seen in other previously flagged tokens.

Another 30M LAB ($8.3M) withdrawn from Bitget hot wallet to Kucoin deposit address 0xbE8Dedd7eDDe44e744c29Fd44795425300922B84 in the following transaction five minutes ago

0x95f0fbda904fc84455b872e25d110d149494986e3fd539218318da3b0dd8d3df pic.twitter.com/bMBqmH39KQ

— ZachXBT (@zachxbt) July 14, 2026

Adding immediate relevance: July 14, 2026 marks the start of scheduled linear unlocks, including approximately 16.23 million LAB (~1.6% of total supply) tied to airdrop and investor allocations. This represents the beginning of monthly releases through December. While some of the largest prior dumps appear linked to previously distributed team/entity wallets, any additional unlocked supply entering the market amid already thin liquidity and eroded confidence adds further downside risk.

Trading remains active on major CEXs (Binance, Bitget, Gate.io, KuCoin, etc.) and DEXs, but the float dynamics and repeated large sell pressure have left retail participants with significant losses. The token that once carried a multi-billion FDV now trades with an FDV under $280 million.

Outlook

LAB’s story, as chronicled by The Crypto Times over the past two months, serves as a stark example of how low-float, high-insider-control tokens can experience parabolic rises followed by catastrophic unwinds when hidden supply or coordinated selling hits the market. The project continues to point to product development and independent sellers, while on-chain investigators maintain that the trail leads back to team-distributed tokens and prior opaque structures.

With today’s unlock event, elevated volume, and price at multi-month (or all-time) lows, attention will remain on whether further selling materializes from remaining overhang wallets or new unlocks. Traders and holders are advised to exercise extreme caution and conduct their own research, as this remains one of the most volatile and scrutinized altcoin situations of 2026.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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