New Solana Token $LAB Sparks Caution Despite Listing

This new Solana-based token, $LAB, has just been listed with a current market cap of approximately $106,840 and a price of $0.000107. It is held by 243 addresses since its start in June 2025. Recently, there has been no smart money trading activity in the last 15 minutes, indicating a lack of immediate investor interest or movement. The token's security audit confirms it is not a honeypot, but it hasn't undergone permissions or blacklist checks. Its developer wallet holds less than 1 SOL, and nearly half of its tokens are concentrated among the top ten holders, which could pose centralization risks. The community is advised to exercise caution, conduct thorough research, and be aware of common scams like rug pulls. Staying updated through official channels and avoiding impulsive FOMO investments are recommended to mitigate potential risks. Overall, the lack of recent trading activity and high token concentration suggest a cautious approach. Potential investors should monitor the project further for signs of development and trading volume before considering any action.