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

On May 22, according to GMGN market information, the market value of Solana's ecological meme coin LABUBU exceeded $20 million and is now trading at $20.41 million, a record high, up 149% in 24 hours. According to the information on the relevant page, LABUBU is based on Labubu, a trendy toy IP owned by Bubble Mart, which has been popular all over the world, and Thailand even held a grand welcome ceremony for it. BlockBeats reminds users that the price of meme coins fluctuates greatly, and users need to be cautious in their investments.

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