Recently $LAB the coin has skyrocketed! The highest increase in 24 hours exceeded 128%, and the market value directly surged to over 70 million USD. Many people are asking what this wave of increase is based on? In fact, there are 3 core reasons, simply put, you will understand right away!
First, there has been real progress in the ecosystem. LAB, as a multi-chain trading platform, can trade across different public chains and also connect with AI and CBDC scenarios. Recently, a new laboratory has focused on the tokenization of science and AI, with an increasingly broad range of application scenarios, not just pure speculation on air coins.
Then, there is the support from institutions and industry dividends. YZi Labs has put out 1 billion USD to support multi-chain projects, driving the entire ecosystem, and LAB, as a multi-chain infrastructure, naturally benefits; in addition, the Bank of England is conducting a digital pound laboratory, and LAB is expected to provide technical support, directly boosting market confidence.
Finally, market demand and scarcity are driving forces. It is now an invitation-only system, and users have to wait for the list; the scarcer it is, the more people rush to grab it; moreover, the recent 24-hour trading volume has broken 129 million USD, with funds clearly entering the market, and as more people buy, the price naturally surges.
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