Reddit Posts
Is anyone seriously buying this stuff?
new alt coins that pump 20-30x and then drop
LAB Hit $16 and a $5 Billion Market Cap - ZachXBT Says 95% of the Float Is in Insider Hands
LAB has seen to have jumped high quickly what’s going on and should I hold onto it?
ZachXBT Names RAVE, RIVER, SIREN, and LAB as Victims of Bitget-Enabled Market Maker Fraud
ZachXBT just dropped a brutal report on $LAB 👀
LAB: No Longer a Meme Coin, But Far From a Tech Giant Yet
I Called $LAB Two Days Ago… Now It’s Turning Into The Biggest Story Of 2025
Just Discovered $LAB – This Multi-Chain Trader's Dream Could Moon Hard with Tge Tomorrow!
Mentions
Post is by: Cool_Individual_941 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vrdizc/is_anyone_seriously_buying_this_stuff/ This seems to be the only large crypto sub that actually lets me post things without immediately deleting it so this is my new favorite place to be. Anyways. I just have a question for the huge amount of people on this subreddit. Is anybody seriously buying stuff like $Velvet? I just cannot imagine anybody who actually takes the time to look over the things they buy, seriously putting money into things like that. It sort of boggles my mind how high the market caps of some of these virtually valueless coins get up to. I understand the whole degen fomo gambling side of it playing a part. I maybe I just cannot believe the amount of money that is being allocated for degen fomo gambling vs legitimate buys. All it takes is 30 seconds of exploring the website to realize it’s the furthest thing from anything special or unique or groundbreaking. It’s overvalued by a couple hundred million dollars LOL. I watched this thing explode from tens of millions to nearly a billion, then back down to a hundred million and now back to over half a billion. There are A LOT of coins like this that I have noticed becoming more and more frequent over the past couple years, this is just an example. Its different from the usual meme/shitcoins. It’s almost like a hybrid coin of super overly exaggerated utility combined with hype and volatility popularity. Another example of this would be something like $LAB. Is the ratio of total legitimate investment money vs total degen fomo gambling money changing a cause of this? I would just like to hear other peoples legitimate thoughts on these kinds of coins, and other peoples examples like it that they have seen. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Sorry OP, been busy watching the LAB crash🤣
Textbook rug = LAB COIN. A week ago at 16$ now sitting at 0.2
Would urge you to try CoinTrends when you can. It's only limitation is that it doesn't have as many tokens listed as CoinGecko, but I think they have majority of high cap coins listed. But added feature are monster. You can very easily screen for altcoins with their Trends feature. And I really like that I can see Rank of each coin through history. They also flag some cryptocurrencies if they notice scams. Saved me some money when they flagged LAB.
Just lost all depo and it starts getting worse from january... like 7k$ and now last 1k gone at LAB gambling shitcoin look at this chart.. from heaven to hell, fml. I know its not 70k, but still...
3x in 3 years? Pfft! If you'd bought LAB 60 days ago you'd have made 79x already.
https://intel.arkm.com/explorer/token/lab https://defillama.com/token/LAB Just from a quick look the volume looks suspicious. Ownership looks very concentrated and it looks like someone is trying to hide ownership by funding multiple wallets. Not many main exchanges host the token as well and perp liquidity is oddly high against spot. Careful with this one.
Also I noticed that there is low caps that are trending and gain huge volume for quite some time, while trading fees remain very low. A few months ago it was RIVER and PIPPIN. Right now LAB has almost double the volume of Cardano on Pionex futures.
You keep redefining decentralization and trust mid-argument and leaning on assumptions about future outcomes. It's tiring. Claiming to "win" the debate when I've already called out multiple debate fallacies is comical. If any entity or body has discretionary control over access to consensus, the system is trusted at the boundary. The Hedera Governing Council is the gatekeeper. The members of the Council are trusted upon admission. They are carefully selected according to explicit criteria (size, reputation, geography, industry diversity, etc.), vetted before admission, approved by existing governance, and legally bound. They are *granted access* to consensus, that's gatekeeping. Whether they trust each other's behavior *after* admission is irrelevant, the system trusted them at the door. Hedera has achieved Nakamoto score of 11 in a TIGHTLY-CONTROLLED LAB. You say "permissionless is the GOAL" - fine. Let's see what happens to the Nakamoto score when Hedera is exposed to real-world, adversarial conditions. Crypto history is littered with failed "guarantees" that did not survive contact with reality. At this point the disagreement is simple. You’re evaluating Hedera based on future intent and best-case assumptions. I’m evaluating systems based on what they are today under adversarial conditions. Future intent doesn’t change present facts. ABFT, DAB, and Block Nodes improve performance and fairness inside the fence, but they don’t remove the gatekeeper. Until consensus participation is permissionless, all Hedera has done is trade one form of centralization (consensus) for another (boundary control). Ethereum has real centralization pressures and actively engineers against them in the open, but Hedera has avoided those pressures so far by limiting participation. That’s a valid design choice, but it’s not playing on the same field. We’re using different standards, but mine assumes present real-world conditions, not best-case scenarios.
A true long hold is Tradebot. Hands down. Also, LAB even though price has been messed with by swing traders. These coins aren’t the swipes. TB, even when the market is red, stays steady. They are in a group called “Meme Trust” through The Professor ( LAB ). Vetted projects under the MT umbrella to give true investors some safety that they aren’t getting rugged. My two cents!
LAB V2, Shiba were the best