"LABUBU"

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LABUBU is leveraging the speed of the Solana blockchain and the strength of its community to enter the crypto world in a highly recognizable way.

The Labubu craze has swept the globe, not only triggering a rush for trendy toys but also igniting the popularity of the eponymous MEME coin $LABUBU. With the launch of the third-generation product, the boost from celebrity effects, and the spread through social media, this MEME coin's market value skyrocketed to $18 million in a week, becoming a model of the integration of Generation Z culture and the crypto market.

This article provides an in-depth analysis of the multiple reasons behind the recent big pump in the price of Labubu meme coin, combining the popularity of the Pop Mart trendy toy IP, the latest market trading data, and risk warnings, to offer a comprehensive introductory guide for newbie investors, helping you quickly grasp the key points of Labubu investment.

Gate Research Daily Report: LABUBU token’s market cap exceeded $55 million, with a 24-hour surge of over 54%. Vietnam passed the Digital Technology Industry Law, recognizing crypto assets’ legal status from 2026. BTC stabilized at 105,800 USDT, while ETH spot ETFs recorded five consecutive weeks of $528 million net inflows. JTO, LM, and HOUSE tokens rose 17.17%, 24.56%, and 27.68%, respectively, driven by community enthusiasm. Geopolitical risks caused market volatility, with oil and gold spiking then retreating. Gate Launchpool introduced the CRT Project, offering 1.5 million CRT airdrops for staking, powered by AI-driven Web3 content creation.

PFP project is approaching its final chapter, is the coin issuance frenzy the last straw? This article deeply analyzes the rise and fall cycle of the NFT market, taking Pudgy Penguins and PoP MART as examples, and reconstructs the future path of Web3 IP.