Meme coin LABUBU market value exceeds $35 million, setting a new record high

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On May 26, according to GMGN market data, the meme coin LABUBU, based on the Bubble Mart trendy IP, has broken through a market value of $35 million, currently reported at $35.4 million, reaching a historical high with a 24-hour increase of 49.57%.

BlockBeats Note: Meme coins have extremely volatile trading, heavily dependent on market sentiment and concept hype, with no actual value or use cases, and investors should be aware of the risks.

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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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