The Meme coin LABUBU, based on the Pop Mart designer toy IP, has surpassed a market cap of $55 million, with a 24-hour increase of over 54%.

BlockBeats News, June 16, according to GMGN market information, the market cap of the Meme token LABUBU, inspired by POP MART's trendy toy IP, has surpassed $55 million, currently reported at $55.03 million, with a 24-hour increase of over 54%.

According to relevant page information, LABUBU is based on POP MART's popular collectible IP "Labubu," which has gained global recognition, with Thailand even hosting a grand welcoming event for it.

BlockBeats reminds users that Meme tokens are highly volatile, and caution is advised when investing.