The current real-time price of LAB is $3.16. In the past 24 hours, LAB has traded between $3.15 and $3.65, showing strong market activity. The all-time high of LAB is $30.408M, and the all-time low is $3.15.
From a short-term perspective, the price change of LAB over the past 1 hour is , over the past 24 hours is +0.10%, and over the past 7 days is -12.30%. These figures provide a quick overview of the latest price trends and market dynamics of LAB on LBank.-19.53%
The live price of LAB today is $3.16, with a current market cap of $0. The 24-hour trading volume is 10.26. The price of LAB to USD is updated in real time.
Before deciding whether to buy or sell LAB, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s LAB technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for LAB.
How much will LAB be worth tomorrow, next week, or next month in ? What about your LAB assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! LAB Price Prediction
To learn more about LAB, consider exploring other resources such as the whitepaper, official website, and other published information:
Mad Scientists is a unique NFT collection that launched as the first on the Osmosis blockchain. Developed by BackBone Labs in collaboration with the Rekt Gang, the project utilized a fair-launch token called $LAB. This token played a crucial role in the initial price discovery and is primarily used for minting the Mad Scientists NFTs.
The $LAB token serves as the core utility token for minting Mad Scientist NFTs. To mint one Mad Scientist NFT, 10 $LAB tokens are required. Upon use for minting, these $LAB tokens are permanently removed from circulation. Users holding fewer than 10 $LAB tokens have the option to hold them, acquire additional tokens, or trade them within a liquidity pool.
Revenue for the Mad Scientists project is generated through a mechanism known as "The GraveDigger." Participants who stake two or more Mad Scientists NFTs are eligible to receive a weekly distribution of $bOSMO. These distributions are collected from the performance fees associated with The GraveDigger mechanism.
$LAB tokens are available for trading on decentralized exchanges. The Osmosis platform is noted as the most popular venue for these transactions. The most frequently traded pair involving $LAB tokens is LAB/PHOTON, indicating active participation within that specific trading environment.
The maximum supply for the $LAB token is capped at 100,000 tokens.
The launch of the $LAB token and the Mad Scientists NFTs was specifically designed to be fair, ensuring equal opportunity for all participants. This was achieved by excluding whitelists, preventing bot activity, and avoiding any token locks. The launch process included an initial deposit period where users could deposit $OSMO, which was subsequently converted into $LAB tokens.
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