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 <li>LAB plunged nearly 90% in a week as heavy selling erased billions and shook investor confidence.</li>
 <li>Analysts linked LAB’s collapse to exchange-side selling as supply and liquidity concerns deepened.&nbsp;</li>
 <li>Traders are watching for a short squeeze if LAB rebounds and triggers major short liquidations.</li>
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LAB suffered another sharp selloff on July 9, extending a week of heavy losses that erased billions of dollars in market value and rattled the broader crypto market. The multi-chain trading terminal token fell to around $0.90, down about 60% over the past 24 hours and nearly 90% over the past week.&nbsp;
The latest <a href="https://coinmarketcap.com/currencies/lab/" rel="noopener noreferrer nofollow">decline</a> comes after weeks of questions over LAB’s token supply, liquidity, and trading activity. Its market capitalization dropped to about $280 million, while daily trading volume climbed above $340 million as selling intensified.&nbsp;
<h2 id="h-analysts-point-to-exchange-side-selling" class="wp-block-heading">Analysts Point to Exchange-Side Sell…</h2>
Read The Full Article <a href="https://coinedition.com/lab-token-crashes-90-in-a-week-as-selloff-wipes-out-billions/" rel="noopener noreferrer nofollow">LAB Token Crashes 90% in a Week as Selloff Wipes Out Billions</a> On <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

LAB Token Crashes 90% in a Week as Selloff Wipes Out Billions

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