LAB (LAB) 24-hour pump 132.86%

Gate News Bot news, on October 17, according to CoinMarketCap, as of the time of writing, LAB (LAB) is currently priced at $0.25, with a rise of 132.86% in the last 24 hours, reaching a high of $0.30 and a low of $0.08. The current market capitalization is approximately $58.7 million, an increase of $33.5 million compared to yesterday.

LAB is a multi-chain trading infrastructure platform. Users can log in via Telegram or use their Google account to access the platform. LAB also offers a waiting list and collaboration opportunities, interested users can join through a specified link or contact. The platform has documentation and an official website, and provides terms of use and a privacy policy for user reference.

Important news about LAB recently:

1️⃣ The LAB buyback plan has officially launched.

LAB announced on October 15 that its buyback plan has officially launched and will soon go live with a dedicated buyback portal. This plan will open public trading competitions for all LAB supporters, with each buyback transaction being publicly announced in real-time on the portal. This initiative demonstrates the project team's confidence in the value of the LAB token and may become one of the important factors driving a significant rise in prices in the near term.

2️⃣ Gate is the world's first to launch LAB token

Gate launched the spot trading of the LAB token on October 14, 2025, at 20:00 ( UTC+8, with the trading pair LAB/USDT. As a global launch platform, Gate provides an important liquidity entry for LAB, significantly enhancing its market exposure and trading convenience, which may be a direct catalyst for the rapid rise in LAB's price in the short term.

3️⃣ LAB multi-chain trading infrastructure features attract attention

The LAB project, as a multi-chain trading infrastructure, integrates spot, limit, and perpetual contract trading functions, and is equipped with an AI research engine. It aims to provide high-performance execution capabilities and executable strategies across trading platforms, attracting the attention of investors. These advanced features may become the foundation supporting LAB's long-term value and have stimulated active participation from investors in the short term.

The price of LAB has seen such a significant rise in a short period, mainly due to the launch of its buyback plan, the initial listing on Gate exchange, and its unique multi-chain trading infrastructure features. However, investors should remain cautious of the high volatility risks that newly listed tokens may face, especially after such drastic price changes.

This message does not constitute investment advice; investors should pay attention to market volatility risks.