A small mouth can make the world go crazy, and that is Labubu!
In just nearly 30 days, Labubu's popularity on social media skyrocketed, directly surpassing the once-popular PEPE, PNUT, DOGE, and SHIB, becoming the undisputed 'top trend'. This wave of excitement has also allowed the behind-the-scenes Bubble Mart to profit immensely in the capital market, with its market value skyrocketing to over HKD 360 billion. From March 2024 to now, Bubble Mart's stock price has skyrocketed like a rocket, increasing by more than 10 times.
The founder of Bubble Mart, Wang Ning, has seen his wealth leap to over USD 20.3 billion thanks to this single IP, successfully becoming the new richest person in Henan.
Not only that, but even the Labubu token on Solana has also been pushed up by this favorable wind, with the highest price reaching over USD 70 million.
This series of astonishing data proves that Labubu has firmly ascended to the throne of new global IPs. The glorious era belonging to Labubu has just begun!