The highly controlled-supply token fell from a $14 billion market cap to $2 billion, marking a sharp collapse over less than a day.
lab:native dropped 85.7% in under 24 hours, with the token’s market capitalization falling from $14 billion to $2 billion. The move points to an abrupt repricing in a token described as having a highly controlled supply, a structure that can amplify volatility when liquidity is thin or selling pressure accelerates.