This year, I started by only playing with what I understand. The decision to invest in $labubu took some time to think through, and the decision-making logic is quite simple, without any overly complex processes.

Labubu is one of the popular IPs from Pop Mart, currently very popular in Singapore, Malaysia, and Thailand, especially in Thailand (I remember Thailand is also a place where moodeng became extremely popular).

So the narrative of the IP has emerged, and it has started to gain traction in Europe and America as well. Coupled with Lisa's promotional activities and a strong offline community in Singapore, Malaysia, and Thailand, this cryptocurrency IP can easily break through barriers.

Then, Pop Mart's stock price reached new highs, with a terrifying valuation of over 260 billion, fueled by popularity + IP + ceiling.

The entire chip has been washed three times, and now it has risen again. For a project to pump, it needs the right timing, location, and people. I feel this project is worth keeping an eye on, with a 7M risk-reward ratio. No one knows how it will end. Bet on your own understanding, and act within your limits of loss. This piece is written for those destined to read it.

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