Meme coin LABUBU's market cap exceeds 35 million USD, setting a new historical high

According to GMGN market data, the meme coin LABUBU, based on the Pop Mart trendy toy IP, has a market capitalization exceeding 35 million USD, currently reported at 35.4 million USD, reaching a historical high with a 24-hour increase of 49.57%.

Note: Meme coins experience significant trading volatility, largely relying on market sentiment and speculative concepts, with no actual value or use cases. Investors should be aware of the risks.