The price of LAB, which is suspected of price manipulation by the cryptocurrency community, has surpassed $12. It has risen to 12th place, surpassing Zcash (ZEC), USDS, and others based on Fully Diluted Valuation (FDV). Excluding stablecoins, it is the 10th largest market cap in the world. Previously, Simon Dedic, founder of crypto venture capital firm Moonrock Capital, pointed out, "LAB is clearly a ridiculously obvious scam, but no one seems to be sanctioning it. What's more disappointing is that major exchanges like Gate, KuCoin, and Bitget are also condoning and aiding these activities for short-term gains." According to CoinGecko, LAB is currently trading at $12.23, up 39.6%.
