My downward analysis for #LAB ✅
$LAB quickly moved from $18 to $8.
I expect the decline to continue .. https://t.co/ORCWNaLjHU
My downward analysis for #LAB ✅
$LAB quickly moved from $18 to $8.
I expect the decline to continue .. https://t.co/ORCWNaLjHU
IS @zachxbt WRONG ABOUT $LAB ?
Yes, the biggest gainer of Q2 as mentioned yesterday.
Zach called it out, the market reacted for a while, and then $LAB still went on to become one of the best performing altcoins of 2026.
That is the uncomfortable part of this market.
We know altcoin market rewards momentum, low float, attention and narrative before it ever cares about the red flags.
Here’s the timeline:
→ Oct 2025
$LAB had its TGE when almost nobody was watching. There was no massive retail rotation, no loud narrative and no real reason for the wider market to care yet.
→ Jan 2026
The first parabolic move arrived out of nowhere, with $LAB running more than 2,500% and suddenly turning into one of the most watched charts in the market.
→ Early May
The mobile app launch gave the token a real product catalyst, and that is when the narrative started to feel stronger than just another low-float pump.
→ Mid May
ZachXBT dropped allegations around OTC deals, insider supply and possible CEX manipulation concerns, which created a sharp dump and made it look like the trade was finally over.
→ Early June
$LAB went on to print a new ATH near $27 after the allegations, not because the concerns were proven wrong, but because speculation was still stronger than fear.
That is the real lesson.
Low float plus narrative can create violent moves in both directions, unlocks remain one of the most predictable sell-pressure events in crypto, and on-chain investigators can shake the market without fully controlling the trend.
ZachXBT’s concerns still matter.
Opaque OTC deals and insider supply are real risks.
But $LAB proved one thing clearly:
Altcoins do not always trade on truth but totally on momentum.
Crypto Market Will Turn Bullish in Q3
An eventful quarter comes to an end today.
👉 The Q2 Scoreboard
→ Key Price Moves:
$HYPE +75%
$ZEC +63%
$IO +56%
$NEAR +52%
$GEOD +46%
→ TVL Increase For Chains:
$NEAR +28%
$TON +25%
$SEI +23%
→ Top Gainer: $LAB +6166%
→ New Launches Tracked:
$RE, $SLX, $KAIO, $NEXUS, $PROS, $AI, $GENIUS
→ Social Dominance Leaders:
$TAO, $ICP, $TEL, $LINK, $INJ, $ONDO, $KAS
→ Biggest Revenue: logo-only C asset, $188M
👉 What Actually Happened Around Altcoins
→ $HYPE became the clear Q2 outlier while most alts were still stuck in consolidation.
→ Hyperliquid kept dominating on-chain perps, with strong volume, fee buybacks, and institutional attention.
→ $ONDO carried the RWA narrative with tokenized stocks, ETF access, and major settlement pilots.
→ $TAO stayed relevant as the AI subnet economy became one of the few narratives with real traction.
→ $SUI kept growing on stablecoin transfers, DeFi TVL, and ecosystem activity.
→ $NEAR showed strength both in price and TVL, he
Remember the Piggybang $LAB case?
Just a few weeks until the first $LAB unlock.
At the current levels, @piggybank_fi users might actually come out as winners of this story.
But the chart looks like it wants to go lower imo... https://t.co/A3F083DCp6
This feels wrong on so many levels.
@piggybank_fi used a 'Long Spot / Short Perp' strategy, but not the way you should and how they explain in their own documentation.
The result: Heavy losses (with the exact outcome yet to be known).
This is my breakdown of the situation 👇
▶️ WHAT HAPPENED?
Piggybank invested $100,000 (approximately 2% of its portfolio at the time) in a mid-cap basis trade. However, instead of buying the underlying asset on the liquid market, it acquired locked $LAB tokens at a discount through an OTC (over-the-counter) desk. A perpetual short position was opened as a hedge.
The problem: The $LAB token experienced severe price manipulation, low liquidity, and deeply negative funding rates. This made maintaining the short position (hedge) too expensive and "economically irrational."
Piggybank had to close the short position to limit the risk of further losses. However, since the purchased $LAB tokens are locked until August 14, the spot position could not be sold at the same time. Pigg