Viral Toy Sends Memecoin Soaring 5,934%
Half-fluffy rabbit, half-whimsical monster, and 100% collectible craze. Labubu keychains started popping up on backpacks and smartphone straps everywhere, thanks to surprise blind-box packs that keep fans guessing which adorably oddball design they’ll unbox next.
Inside each sealed capsule lurks a unique Labubu variant—some sporting tiny horns, others donning glittery fur or mischievous grins. Celebrities like Rihanna soon joined the fun, snapping pics and sending search interest through the roof.
But when Pop Mart pulled the plug on in-store sales to prevent clamoring crowds from turning stores into mosh pits, the real frenzy shifted on-chain. Enter $LABUBU, Solana’s unofficial memecoin tribute to the cultish craze.
Over the past two weeks, $LABUBU rocketed from under US$ 1 million to a market cap of US$ 49.16 million—an explosive 5,934% surge fueled by blind-box fever and collectible FOMO. As of press time, markets have cooled slightly, with the token sitting at around US$ 41.55 million.
With physical shelves empty and crypto wallets buzzing, fans are now chasing Labubu in both the real world and the blockchain universe—proving that when viral toys meet meme coins, anything can happen.
