LABUBU! From Plush Toy to Memecoin
Labubu is an adorable character created by Kasing Lung, a talented Hong Kong artist known for his unique style and collectible figures filled with magic. Labubu is a little mischievous creature with big teeth and pointy ears, belonging to the series The Monsters.
LABUBU emerged during a surge of interest in low-cap tokens on Solana. The release date is not specified by a specific announcement, but the first significant volume was recorded on Dexscreener, which quickly saw its volume grow. The early years of the coin were characterized by:
* Community hype
* Rapid price action
* Listings on DEX
LABUBU operates on the Solana blockchain, known for its speed and low transaction fees. This choice of platform is crucial, especially for meme coins, which often rely on high volume and low fees to survive and stand out. With Solana, LABUBU enjoys:
* High speed:
* Low fees:
Strong ecosystem
There is no technical document or official technical roadmap for LABUBU. This is characteristic of meme coins, particularly those that rely more on culture and community than on utility. However, the decision to develop it on Solana distinguishes it in terms of speed and accessibility.
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