Lab Airdrop Second Wave Live as LAB Token Price Faces Selloff

Lab Airdrop on Binance Alpha Gives 207 LAB as Price Shows Volatility

Binance Alpha has introduced the second wave of rewards for the LAB token, giving eligible participants another chance to collect free tokens. However, the announcement also brought strong market reactions.

Shortly after the update, the LAB crypto price experienced sharp volatility, including a sudden drop and quick rebound. While the airdrop expands distribution among users, traders are closely watching how selling pressure and demand may influence short-term price movement.

Binance Alpha Opens Second Wave of Lab Airdrop Rewards

Binance Alpha confirmed that the next round of Lab Airdrop rewards is now available. Users who hold at least 241 Binance Alpha Points can claim 207 LAB tokens. Distribution follows a first-come, first-served system.

Source: X (formerly Twitter) 

If all rewards are not claimed, the eligibility requirement gradually becomes easier. The score threshold automatically drops by five points every five minutes, allowing more users to participate.

Claiming the reward comes with a condition. Participants must spend 15 Binance Alpha Points to secure the airdrop. After confirming eligibility, users must complete the claim through the Alpha Events page within 24 hours. If they fail to confirm during that window, the system considers the reward abandoned.

This mechanism aims to keep the process fair while encouraging fast participation among active users.

Price Reaction Shows Flash Drop

Following the announcement, the lab token price displayed strong volatility on the charts. Earlier trading showed a slow decline from roughly $0.147 toward the $0.144–$0.145 range, forming lower highs.

During the final hour of activity, a sudden liquidity event pushed the value sharply down. The price briefly fell from about $0.144 to nearly $0.138, creating a quick flash drop. Such moves often appear when large sell orders hit the market or when stop-loss orders trigger automatically.

Source: CoinMarketCap Chart

Buyers stepped in soon after. The market quickly bounced back toward $0.147, forming a V-shaped recovery before stabilizing around $0.142.

The latest 24-hour candle reflects the turbulence. Market data shows open at $0.1479, high at $0.1491, low at $0.1379, and close near $0.1423, confirming selling pressure after the airdrop news.

Technical indicators also point to cautious sentiment. The RSI near 46.9 signals mild bearish momentum, while the MACD shows a negative crossover, suggesting sellers still dominate short-term movement.

Key Support and Resistance Traders Are Watching

Support formed near $0.138–$0.140, where buyers previously defended the market during the sharp drop. If selling pressure returns and breaks that zone, analysts see a possible move toward $0.132–$0.135.

On the upside, recovery faces resistance around $0.147–$0.150, while $0.155 marks a stronger rejection level seen earlier.

For the next 24–48 hours, the most likely scenario remains consolidation between $0.138 and $0.148 as the market absorbs selling from newly distributed tokens.

Conclusion 

The latest Lab token Airdrop has expanded token distribution while also triggering short-term market swings. Binance Alpha’s reward system attracted user attention, yet immediate selling pressure created volatility. With support holding near $0.138, the coming sessions may reveal whether demand stabilizes the token or pushes prices toward another test.

YMYL Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile, and readers should conduct independent research before making financial decisions.