The market value of LABUBU, a meme coin based on the IP of Pop Mart, exceeded 16 million US dollars, with a 24-hour increase of 147%.

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On May 19, according to GMGN market information, the market value of LABUBU, a meme coin in the Solana ecosystem, broke through $16 million, currently reported at $16.1 million, with a 24-hour increase of 147%, and a 24-hour trading volume of $8.8 million.

According to related page information, LABUBU is based on Labubu, a trendy IP under Bubble Mart, which is popular globally, with Thailand even holding a grand welcome ceremony for it.

BlockBeats reminds users that meme coin prices are highly volatile, and users should invest cautiously.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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