LAB Trade’s native token collapses 90% in 48 hours, wiping out billions in market cap amid insider control and manipulation allegations. LAB Trade Blames ‘Large Market Participants’ LAB, the native token of the multi-chain trading platform LAB Trade, suffered a catastrophic collapse this week, plunging from just over $7 to $1.25 on Wednesday—a staggering 80% […]
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The post LAB Token Crashes 80% to $1.25 as $5B Market Cap Vanishes in 48 Hours appeared on BitcoinEthereumNews.com.
Key Takeaways LAB token cratered 90% over 48 hours, wiping out billions in market cap. ZachXBT slammed top centralized exchanges for failing to halt the July manipulation. Investors surged to avoid trading LAB as team token unlocks are set for later in July 2026. LAB Trade Blames ‘Large Market Participants’ LAB, the native token of the multi-chain trading platform LAB Trade, suffered a catastrophic collapse this week, plunging from just over $7 to $1.25 on Wednesday—a staggering 80% decline in under 24 hours. This crash followed an equally brutal sell-off on Tuesday, which saw the token slide from nearly $17. In total, LAB wiped out nearly 90% of its value in just 48 hours. LAB crash chart: CoinGecko The financial fallout was swift: a market capitalization that exceeded $5 billion on Tuesday morning evaporated to just $390 million by 3:30 p.m. EST on Wednesday. The freefa
The post CASHCAT Memecoin Pumps 1100% After Robinhood CEO’s X Tweet CASHCAT Memecoin Pumps 1100%. After Robinhood CEO’s Endorsement appeared on BitcoinEthereumNews.com.
A new memecoin, CASHCAT, has pumped more than 1100% within 24 hours after Robinhood CEO’s endorsement for memecoins. It has tapped a market cap of over $150 million and a price of more than $0.15 in just 1 day after launch. It launched as the mascot of the Robinhood app, but it has now become the first major memecoin story on Robinhood since the chain’s launch on July 1st. Robinhood Chain started with real-world assets, on-chain finance, and analytics. Later it also launched Trump Accounts for retail. Memecoins were not on the list. Then, the Robinhood CEO Vlad Tenev made a public post saying, “Robinhood Chain will be the best chain for RWA, but it’s great for memes as well” and also followed CASHCAT’s official X account. That one catalyst changed the direction of the memecoin. One Trader Made $1.6M From an $86 Investm
The post LAB token weekend gains evaporate after extreme price swings trigger 82% correction appeared on BitcoinEthereumNews.com.
The multi-chain trading terminal and infrastructure token LAB saw an 82% correction over the past 24 hours. On Monday, July 6, the token was trading above $15 and reached a local high of $17.68. Measured from Saturday, July 4, the move beyond $17 represented a 205% gain in just over two days. This pump did not last. In the 48 hours since Monday’s high, just over 85% in value has been erased from LAB. The immense selling pressure stemmed from aggressive profit-taking as the first token unlock, set for July 14, drew closer. Source: Bubblemaps on X Visual analytics platform Bubblemaps noted in a post on X that early LAB investors were still up by $500 million, at least on paper. Yet, the looming first unlock could incite further selling. Source: X Onchain investigator Zetoshi observed an influx of LAB tokens onto centralized exchanges. The X post also mentioned
The post LAB Token Crashes 85% Ahead of Airdrop Unlock, ZachXBT Calls Out Binance, Bitget, and Gate appeared on BitcoinEthereumNews.com.
LAB token just lost 85% of its value in under 24 hours, collapsing from $14, a price that implied a $14 billion fully diluted valuation, to just under $2. On-chain investigators and market watchers are describing it as a textbook case of insider-controlled price manipulation playing out in plain sight. ZachXBT has publicly called out Binance, Bitget, and Gate by name for failing to take action, and a separate on-chain analyst is flagging suspicious wallet activity that suggests the worst of the selling pressure may not be over yet, with an airdrop unlock still pending. The combination of insider-controlled float, late vesting schedule changes, and a dev wallet moving tokens to a centralized exchange right before a community airdrop is claimable has put the LAB situation on the radar of anyone paying attention to how token launches go wrong. An 85% Cra
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The post Traders count losses as LAB token crashes 85% after multiple warnings appeared on BitcoinEthereumNews.com.
LAB has lost about 85% of its value in 24 hours, falling to just under $2 from around $14 following months of public warnings that its price was inflated and its supply was controlled by insiders. Traders holding leveraged long positions suffered heavy losses from forced liquidations, and a major token unlock scheduled for July 14 could add more selling pressure. LAB crashes by 85% Blockchain investigator ZachXBT posted on July 8 that the LAB token had fallen 85% to just under $2 from $14 ($14B FDV) in the past 24 hours. The crash happened so fast that it forced the automatic closure of leveraged trades, especially on Binance’s perpetual futures market. The token was reportedly still trading near $15 on Binance’s spot market as recently as July 5, but it later dropped to about $4.30 on the USDT perpetual market. CoinMarketCap data put the token at $2.18 the same day, down
The post Zcash Price Prediction: Can the Ironwood Upgrade Push the ZEC Price Back Above $500? appeared on BitcoinEthereumNews.com.
Key highlights: The ZEC price is holding above key moving averages as $480 and $500 remain the next hurdles Zcash’s market cap has fallen to $6.6 billion, though price action continues to recover from earlier lows Ironwood adds a new shielded pool designed to make Zcash’s coin supply independently verifiable Zcash has quietly put together a strong recovery over the past few months. After trading as low as the $140-$260 range earlier this year, the ZEC price has climbed back to around $472, putting one of its biggest resistance zones back into play. Crypto analyst Ardi believes $480 is the most important price on the chart. That’s because a descending trendline and a horizontal resistance level meet at the same point, creating what he calls a compound resistance. In his view, if buyers can break above that level and hold it, the ZEC price has a good chance