Based on the Bubble Mart trendy IP, the meme coin LABUBU has surpassed a $20 million market cap, reaching an all-time high.

Blockbeats
22 May

BlockBeats News, May 22nd, according to GMGN market data, the Solana ecosystem meme coin LABUBU has a market cap exceeding 20 million U.S. dollars, currently at 20.41 million U.S. dollars, hitting a new all-time high with a 24-hour surge of 149%.

According to information from relevant pages, LABUBU is based on the popular Labubu toy IP owned by Pop Mart, which is well-received globally, with Thailand even holding a grand welcome ceremony for it.

BlockBeats reminds users that meme coin prices are highly volatile, and user investments should be cautious.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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