Why did
$LAB surge 4000% in just a few weeks?
This is one of the signs that the
$LAB team has been continuously accumulating for a long time
Look at the charts of BTC and LAB, you will see that BTC has dropped sharply for several consecutive months, but LAB has been accumulating and trading sideways.
While most other Altcoins have dropped 70-80% following the general market trend,
During this time, the volume of LAB gradually decreased, indicating that no one was interested in it and no one was trading it.
Therefore, the LAB team remained silent and accumulated the entire circulating supply, then pushed the price up sharply.
If you have experience looking at charts, you can still make a lot of money.