Meme coin LABUBU's market value surpasses 30 million USD, setting a new historical high

According to GMGN market data, the meme coin LABUBU, based on the Pop Mart trendy toy IP, has a market capitalization exceeding 30 million USD, currently reported at 32.1 million USD, reaching a historical high, with a 24-hour increase of 49.34%.

ChainCatcher Note: Meme coins experience significant trading volatility, largely relying on market sentiment and speculative concepts, with no actual value or use cases. Investors should be aware of the risks.