The market value of the meme coin LABUBU, based on the Pop Mart trendy toy IP, surpasses $20 million, reaching a record high

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

According to related page information, LABUBU is based on the popular IP Labubu from Pop Mart's designer toy line, which is well-received globally, with Thailand even hosting a grand welcome ceremony for it.

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