13h ago
$LAB is up ~80% since I made this tweet yesterday.
IMO it's still a buy even at current prices, the project is super strong fundamentally.
Boooolish
1d ago
$LAB has already been live for 24 hours and is holding strong.
The price is consolidating post-listing, which is typically a good sign of healthy price action.
It's currently trading at $127 million FDV and already has ~30k token holders. Still super undervalued compared to its competitors like Jupiter or 1inch, despite having a proven PMF even before TGE.
@LABtrade_ has already bought back $800K+ worth of token in the first 24 hours of trading.
80% of platform revenue directed to buybacks/burns. According to my calculations, it could burn 2.5% of the supply annually at current prices.
This is incredibly bullish for maintaining a healthy token economy and stimulating consistent demand for the token.
If the thesis plays out, now is a great entry point IMO.
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