LAB (LAB) rose 29.54% in the last 24 hours

Gate News Bot news, November 3, according to CoinMarketCap data, as of the time of writing, LAB (LAB) is currently priced at $0.21, with a 29.54% rise in the last 24 hours, reaching a high of $0.46 and a low of $0.12. The current market capitalization is approximately $49.2 million, with an increase of $1.12 million compared to yesterday.

LAB is a multi-chain trading infrastructure platform. Users can log in to the LAB platform via Telegram or use their Google account. The project is currently in the invitation-only phase, and interested users can join the waitlist. LAB also welcomes institutions interested in collaboration to contact them.

Important news about LAB recently:

1️⃣ Multi-chain trading infrastructure platform attracts investor attention LAB, as a multi-chain trading infrastructure platform, has attracted widespread attention in the market due to its unique positioning and functions. The platform supports logging in via Telegram or accessing with a Google account, providing users with a convenient operational experience, which may be one of the important factors driving the rise in LAB's price.

2️⃣ The invitation-based strategy sparks market anticipation LAB currently adopts an invitation-only strategy, limiting user access. This scarcity may spark interest among investors. Interested users can join the waiting list. This strategy not only creates a certain sense of mystery but may also lead to the accumulation of demand, thus driving prices up.

3️⃣ Institutional collaboration enhances market confidence LAB openly welcomes institutions interested in cooperation to contact them, indicating that the project intends to expand its ecosystem and application scenarios. The potential for institutional collaboration may enhance market confidence in LAB's future development, becoming another important factor driving the price rise.

From a technical perspective, the price of LAB has seen a significant rise in a short period, increasing from a low of $0.12 to a high of $0.46, with a notable rise. Although the price has retreated slightly at present, it still maintains a relatively high level of $0.21, indicating strong market demand. However, investors should also be aware that such a rapid increase in price may face the risk of a short-term correction.

This message is not an investment advice; investors should be aware of market volatility risks.