$LAB just hit $13.22 up 60% today. I need to be honest with you about what's really happening.
On-chain investigator ZachXBT flagged LAB as suspicious the team distributed 100M tokens worth ~$480M across 10 wallets, while holding approximately 98% of circulating supply. This mirrors the exact $RAVE playbook: pump before distribution, then exit.
Chart shows clean Wave (5) extension but that's the distribution candle, not a breakout.
I'm not touching this. High concentration + insider distribution = dangerous.
Be careful. This one has red flags.