Based on the Bubble Mart trendy IP, the Meme coin LABUBU has surpassed a market capitalization of $55 million, reaching a new all-time high.

BlockBeats News, May 30th, according to GMGN market data, the Solana ecosystem Meme coin LABUBU's market cap has surpassed 55 million US dollars, reaching a historic high of 56.13 million US dollars, with a 24-hour percentage gain of 98.35%.

According to information from relevant sources, LABUBU is based on the trendy toy IP Labubu owned by Pop Mart, which is popular worldwide and has even been welcomed with a grand ceremony in Thailand.

BlockBeats reminds users that Meme coin prices are highly volatile, and users should invest cautiously.