The market value of LABUBU, a meme coin based on the IP of Pop Mart, has exceeded 20 million US dollars, setting a new record high

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On May 22, according to GMGN market information, the market value of LABUBU, a meme coin in the Solana ecosystem, broke through $20 million, currently reported at $20.41 million, reaching a historical high with a 24-hour increase of 149%.

According to related page information, LABUBU is based on the popular IP Labubu from Bubble Mart, which is widely 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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