LAB (LAB) has pumped 128.89% in the last 24 hours.

Gate News Bot news, on October 31, according to CoinMarketCap data, as of the time of writing, LAB (LAB) is currently priced at $0.32, rising 128.89% in the last 24 hours, with a high of $0.46 and a low of $0.12. The 24-hour volume reached $129 million. The current market capitalization is approximately $73.2 million, an increase of $41.2 million compared to yesterday.

LAB is a multi-chain trading infrastructure platform. Users can log in through Telegram or access the LAB platform using a Google account. The project is currently in an invitation-only phase, and interested users can join the waiting list. LAB also provides contact channels for partners wishing to collaborate, along with relevant documents and website links for user reference.

Important news about LAB recently:

1️⃣ Pythia Labs launches Orama Labs, focusing on the tokenization of science and AI Pythia Labs recently announced the launch of the Orama Labs project, aimed at tokenizing the future of scientific research and artificial intelligence. This innovative initiative is expected to bring new application scenarios and value creation opportunities to the LAB ecosystem, and may be one of the important factors driving the rise of LAB prices.

2️⃣ Bank of England launches digital pound laboratory The Bank of England plans to launch a digital pound laboratory to test innovations in central bank digital currencies (CBDC). As a multi-chain trading infrastructure platform, LAB may benefit from this trend by providing technical support for future CBDC projects, thereby enhancing its position in the digital currency space.

3️⃣ YZI Labs announces a $1 billion fund to support BNB chain projects YZI Labs recently announced a $1 billion fund dedicated to supporting project development on the BNB chain. Although this is not a direct investment in LAB, as a multi-chain trading platform, LAB may indirectly benefit from the overall development of the crypto ecosystem, which could be one of the reasons for the market's optimistic attitude towards LAB.

From a technical perspective, LAB's price has experienced a significant rise in a short period, which may face some retracement pressure. However, considering its positioning in the multi-chain trading infrastructure sector and the recent positive developments in the industry, LAB's long-term prospects are still worth关注.

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