The big hype coin LAB hit its peak at $24.3 today!! A rapid crash followed, with the price dropping from $24.3 to $5.8. The longs got wiped out, and then came a quick rebound to the 0.618 level at $16.8, wiping out the shorts too—classic double kill! I shorted LAB again at $15. The subsequent drop will likely be a slow grind down to zero. Before the massive token unlock in July, the whales have already cashed out and reaped their profits.