On May 26, according to GMGN market data, the market value of LABUBU, a meme coin based on the Bubble Mart trendy toy IP, exceeded $35 million and is now trading at $35.4 million, a record high, up 49.57% in 24 hours. BlockBeats Note: Meme coin trading is highly volatile, mostly dependent on market sentiment and concept hype, and has no real value or use case, investors should be aware of the risks.
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Meme coin LABUBU market capitalization突破3500万美元,创历史新高
On May 26, according to GMGN market data, the market value of LABUBU, a meme coin based on the Bubble Mart trendy toy IP, exceeded $35 million and is now trading at $35.4 million, a record high, up 49.57% in 24 hours. BlockBeats Note: Meme coin trading is highly volatile, mostly dependent on market sentiment and concept hype, and has no real value or use case, investors should be aware of the risks.