Understand the hot IP LABUBU in one article

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ODAILY
06-12
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Key Points

  • – IP Meme Culture: LABUBU is a "fan-initiated" meme coin based on Solana, leveraging the popularity of the Pop Mart Labubu doll to quickly gain traction through fair issuance and community-driven approach.

  • – 100% Community-Owned: No pre-mining, no team allocation, 10 billion tokens minted at once, minting permission revoked, liquidity pool tokens fully burned, maximum transparency.

  • – Rapid Takeoff and High Risk: Market cap soared from less than $1 million to around $67 million, with LABUBU/USDT experiencing dramatic fluctuations bringing both high returns and high risks.

  • – How to Acquire: Can be traded on XT.com spot market for LABUBU/USDT, or quickly exchanged with low fees on Solana DEXs like Raydium and Jupiter, with zero transaction tax and second-level settlement.

  • labubu-memcoin-explained-cover-cn

Want to know what LABUBU is? It's a meme coin initiated by fans on Solana, inspired by the Pop Mart Labubu collectible doll that went viral online. In October 2024, LABUBU was fairly launched on Pump.fun, with 10 billion tokens minted at once, minting permission immediately revoked, and liquidity funds completely burned - with no hidden team shares and no transaction taxes. It was this bottom-up community enthusiasm that propelled LABUBU/USDT to a peak of $67 million in June 2025.

Now, you can easily buy and sell on XT.com, or exchange at extremely low fees and ultra-fast speed on Solana DEXs like Raydium and Jupiter. In the following chapters, we will provide a detailed explanation of the LABUBU token, its token economics, ecosystem applications, trading guide on XT.com, potential risks, and future outlook.

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LABUBU Price fluctuates rapidly, and it is recommended to use Phantom or Solflare compatible wallets. These wallets natively support SPL Tokens, allowing you to easily send, receive, or tip LABUBU in chats without cross-chain or wrapping.

Community Tools

Community enthusiasts have developed multiple fan voting dApps where LABUBU token holders can participate in art design or event benefit voting using token weight. Meanwhile, unofficial dashboards track real-time price trends, on-chain data, and social sentiment to help you identify LABUBU's next potential breakout point.

labubu-official-tweet

Image Credit: Labubu Fan Twitter Page

Reliability and Support

If you've experienced transaction congestion on other networks, you'll appreciate Solana's high availability. Combined with Solana's high throughput and XT.com's deep order book, the LABUBU/USDT trading experience is exceptionally smooth and reliable.

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Q4: Why does LABUBU have such large price fluctuations?

Price volatility is mainly influenced by community meme culture demand, doll release news, and liquidity decline after heat fades.

Q5: Is Solana network trading reliable?

Very reliable, low transaction fees and high throughput can significantly reduce transaction stuck issues. If you have encountered transaction stuck problems on other chains, you can refer to《How to Fix and Prevent BTC Transaction Stuck in 2025》.

Q6: How should I store LABUBU tokens?

Recommended to use Solana-compatible wallets like Phantom or Solflare, safely hold and check on-chain dynamics at any time.

Q7: Where can I follow the LABUBU community and latest updates?

Source
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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