$LAB ✅ It has been a few days since it broke through $0.2, but the support looks weak, so I am not currently burning up my long positions. ✅ I was puzzled by the frequent cycles of sharp fluctuations in on-chain volume since early March, separate from the market price. If I were to force a reason based on the timing, it turns out they raised $500,000 in loans on the wildcat market on March 1st (see post). ✅ They successfully raised the funds (annual interest of 36% is insane), and it seems they are using this seed capital to engage in market making and other activities on a two-track approach. ✅ They have received about $5 million in VC investment from Amber and others, and I heard the team's own budget is substantial... I am viewing this positively as a strategic move. It will run if 0.17 is broken.