BlockBeats news, on June 20, the Hong Kong stock market and the Meme coin market experienced a correlated decline. Pop Mart (HK.9992) saw its stock price fall by 5.15% today, currently reported at 235.8 HKD, having pulled back over 16% from its historical high. At the same time, the Meme coin LABUBU, based on its trendy toy IP, saw its market capitalization drop below 28 million USD, with a big dump of 20.4% within 24 hours, leading to a rapid cooling of sentiment. BiyaPay analysts pointed out that this type of "coin-stock linked pullback" may indicate short-term risk release, but for experienced traders, it also presents a potential opportunity—whether shorting Pop Mart's Hong Kong stock or executing reverse operations in the crypto world, flexible trading can be achieved through USDT. Come to BiyaPay now to seize trading opportunities brought by market fluctuations: 1. Supports trading with USDT.

BlockBeats news, on June 20th, according to market information, Hong Kong stock Pop Mart today fell over 5.15%, with the current stock price reported at 235.8 Hong Kong dollars, down over about 16.8% from its historical high. According to GMGN market information, the Meme coin LABUBU, based on the Pop Mart潮玩 IP, has a market capitalization that has fallen below 28 million USD, currently reported at 27.89 million USD, with a 24-hour decline of 20.4%. BlockBeats reminds users that Meme coin prices fluctuate greatly, and users should invest with caution.

Jin10 reported on June 13 that Hars announced on the interactive platform that the previous cooperation with Pop Mart and the company has been terminated, and the scope of the earlier cooperation does not include Labubu.

LABUBU Meme coin market capitalization surpasses 55 million USD, with a 24-hour rise exceeding 54%. This coin is based on the Pop Mart trend toy IP, LABUBU, and is popular worldwide, with Thailand even holding a welcome ceremony for it. Investors are reminded to pay attention to price Fluctuation.

According to BlockBeats news on June 16, monitored by The Data Nerd, 238 days ago, Address 6FPzq purchased 112,700 LABUB with 95 SOL (approximately $15,500). Subsequently, the price of the Token has fallen to one-tenth of its value, but he still has not sold any Tokens. Just now, his investment has turned into $530,000, with a Return on Investment of 33 times.

Jin10 reported on June 14 that Pop Mart Korea announced that due to recent concerns about potential safety incidents at offline sales sites, the company prioritizes customer safety and is committed to providing better quality service. Therefore, it has decided to temporarily suspend offline sales of the entire series of LABUBU plush toys and LABUBU plush keychains. The company will make every effort to restore sales with more satisfactory service.

According to official news, MGBX will launch LABUBU/USDT on June 12, 2025. Deposit open time: June 12, 2025, 18:00 (SGT); Trading open time: June 12, 2025, 18:00 (SGT).