LAB and BILL Tokens Lead May Crypto Rally with 300%+ Gains
AI tokens LAB and Billions Network (BILL) are surging in May, driven by product launches and exchange listings. LAB, the native token of a multi-chain AI trading terminal, rallied over 300% after its mobile app launch on May 3, reaching an all-time high of $7.50. The token later corrected to around $6.10, with targets near $9.35 and $11.70 if momentum holds. However, on-chain investigator ZachXBT accused LAB founder Boba Sadikov of coordinating market-making, and 282 million locked tokens pose supply risk. BILL, a decentralized identity token for humans and AI agents, launched on May 4 across major exchanges like KuCoin, Bybit, and Binance. Its DeepTrust framework enables 'Know Your Agent' verification. BILL surged nearly 50% after Binance listed futures on May 7, recently trading near $0.2035 with targets to $0.28 and $0.35. Support lies at $0.15 and $0.10. Both tokens are high-risk momentum plays; traders should monitor exchange flows, unlocks, and narratives.
Key facts
- LAB token surged 364% in one day after mobile app launch on May 3.
- LAB token hit all-time high of $7.50 on May 11, later trading at $6.10.
- ZachXBT accused LAB founder of coordinating market-making; team hasn't responded.
- BILL token launched on May 4 on KuCoin, Bybit, Binance Alpha, and Kraken.
- Binance BILL futures listing on May 7 caused a 50% daily surge.