What is Labubu Coin (LABUBU)? A Guide to the Viral Meme Coin

If you have recently come across Labubu Coin (LABUBU) and are wondering what it’s all about, you are not alone. This new meme coin has been drawing attention from both crypto traders and collectors, thanks to its connection to the popular Labubu collectible toys. Created by Hong Kong artist Kasing Lung and sold worldwide by Pop Mart, these designer toys have built a strong global following.

In this guide, we will break down exactly what Labubu Coin (LABUBU) is, how it works, and why it has been gaining so much interest in the crypto space.

Key Takeaways

• Labubu Coin (LABUBU) is a meme coin built on the Solana blockchain, inspired by the popular Labubu collectible toys.
• The project gives fans a way to connect with the Labubu brand and community, even if they do not own one of the highly sought-after physical dolls, which are often difficult to find due to limited supply.
• LABUBU runs on Solana, offering fast transactions, low fees and strong energy efficiency.
• Although inspired by Labubu dolls, the project is not officially affiliated with Pop Mart or its creators.
• LABUBU has attracted interest from both collectors and meme coin traders, reaching a peak market cap of over $50 million.

What is LABUBU Coin?

Labubu Coin (LABUBU) is a community-driven meme coin built on the Solana blockchain. It was inspired by the popular Labubu collectible toys, created by Hong Kong artist Kasing Lung and sold worldwide by Pop Mart.

These Labubu figures are highly sought-after designer vinyl toys that have been rising in popularity around the world. As global demand continues to grow, many collectors find it difficult to purchase the physical toys, with limited production runs often selling out quickly. LABUBU offers a digital alternative, giving fans a new way to engage with the Labubu brand through blockchain technology, even if they cannot get hold of the physical collectibles.

LABUBU was fairly launched in October 2024 on the Pump.fun platform. Thanks to its unique community-driven model and zero transaction tax feature, it has quickly attracted attention from both crypto investors and collectors around the world.

The Story Behind LABUBU Coin

LABUBU was inspired by the growing global success of the Labubu collectible toys, which were first designed in 2015 by Hong Kong artist Kasing Lung as part of his The Monsters series. The character's popularity skyrocketed after Pop Mart began distributing the toys globally in 2019, with support from viral TikTok trends and celebrity endorsements from stars like Rihanna. This helped turn Labubu into a worldwide collectible phenomenon.

As demand for the physical toys reached record levels in 2024, some stores in the UK even suspended sales due to overwhelming crowds and customer conflicts. The scarcity of physical stock created an opportunity for a digital alternative, leading to the launch of LABUBU in October 2024 through the Pump.fun platform.

In its early trading days, LABUBU saw highly volatile price swings, with market caps fluctuating between $10 million and under $1 million. For several months, trading activity slowed down. However, interest reignited as physical toy shortages continued and search trends for Labubu surged online. This scarcity narrative helped drive renewed demand for the digital version of Labubu, with the token’s market cap soaring from just $814,000 to over $70 million.

The LABUBU story shows how strong cultural trends in the real world can spill over into the crypto space, creating new opportunities for fans and collectors to engage with their favourite brands through blockchain technology.

Why Was LABUBU Coin Created?

The idea behind LABUBU is to make the world of Labubu more accessible to fans across the globe. It was designed to solve two main issues:

Scarcity of physical toys

Labubu figures often sell out quickly, leaving many collectors unable to buy them directly. As demand grows, prices on the resale market can rise sharply.

Global access

Because the toys are physical products, access can be limited by location and distribution. LABUBU offers a digital alternative, allowing fans worldwide to join the community without worrying about shipping or stock shortages.

By combining collectible culture with blockchain, LABUBU helps build a global fan base.

What is the LABUBU Token Used For?

The LABUBU token has several functions that go beyond just price movements. It is part of a wider trend where digital tokens are being used to engage with online communities, cultural trends, and collectibles in new ways. Here is a simple breakdown of how people are using the LABUBU token:

Cultural Participation

The LABUBU token gives people a way to take part in a global cultural trend linked to the Labubu character. Since physical Labubu toys can be hard to find in some places, the token offers a way for fans from around the world to feel involved, no matter where they are.

Community Involvement

Holding LABUBU tokens can connect people with others who share a common interest in Labubu. This creates a sense of community, where fans can interact and bond over their shared appreciation of the character’s style and cultural influence.

Digital Collectible

For those who cannot get the physical toys, the LABUBU token acts as a kind of digital collectible. While it does not replace owning a physical item, it offers an alternative for fans who still want to feel connected to the Labubu phenomenon.

Digital Flexibility

Unlike physical collectibles, which may be difficult to buy or sell, digital tokens like LABUBU can be traded more easily through online platforms. This allows fans to change their level of involvement more quickly if they choose to.

Introduction to Crypto

For some Labubu fans who are new to cryptocurrency, the LABUBU token might serve as their first experience with digital assets. It offers a way to explore blockchain technology while still being connected to something familiar and culturally relevant.

The Key Features of LABUBU Coin

LABUBU stands out in the meme coin space by combining simple, community-focused tokenomics with the global popularity of the Labubu collectible toys. While many meme coins are built purely for speculation, LABUBU taps into an existing fanbase and offers a digital way for collectors and crypto enthusiasts to engage with the Labubu brand.

Here are some of the core features of the project:

100% Community Ownership

LABUBU launched through a fair launch model, meaning there was no pre-mining or team allocation. All tokens are owned by the community, with no centralised founders holding a supply advantage. This grassroots approach aligns with the organic way Labubu grew into a global phenomenon through fan enthusiasm and viral popularity.

Zero Transaction Tax

Unlike many other meme coins, LABUBU charges no additional transaction taxes when buying, selling or transferring the token. This makes trading more accessible for everyone, without penalty for entering or exiting the market.

Locked Liquidity

The liquidity pool for LABUBU has been permanently locked, helping to provide security and stability for token holders. This helps reduce some of the common risks associated with newer meme coins.

Cultural Authenticity

LABUBU is inspired by the real-world popularity of Labubu collectible toys. Its value is not only driven by speculation but also by its connection to a global community of fans and collectors who are part of the broader Labubu culture.

A Brief History of LABUBU Coin

Launch

LABUBU officially launched in October 2024 on the Pump.fun platform. Its launch came at a time when Pop Mart had temporarily paused production of new Labubu toys, which helped create extra interest around the project.

Early Growth

In the weeks following its launch, LABUBU experienced a rapid rise in price, surging by over 5,900%. This early growth quickly attracted attention from both meme coin traders and Labubu collectors.

What is the Market Cap of LABUBU Coin?

As of June 2025, LABUBU has a market cap of around $48 million. At its peak, the token reached a market cap of approximately $70 million during its early surge. Like many meme coins, Labubu Coin’s market cap can change quickly as prices move up or down based on community interest and market trends.

Is LABUBU Meme Coin Officially Linked to Pop Mart?

Labubu Coin is not officially affiliated with Pop Mart or its intellectual property. While the project is inspired by the Labubu character created by Kasing Lung, there has been no formal partnership or endorsement announced.

Investment Considerations

Labubu Coin (LABUBU) offers a unique mix of meme coin hype and collectible toy culture. Its connection to the popular Labubu figures has attracted attention from both crypto traders and collectors. Built on Solana, it benefits from fast transactions, low fees, and easy global access.

However, as with any meme coin, there are a few things to keep in mind:

• High price swings: LABUBU's price can rise or fall quickly, often driven by community interest and social media trends.
• Speculative project: Its value mostly depends on community hype and demand, rather than a detailed business model.
• No official partnership: LABUBU is not officially linked to Pop Mart or the Labubu brand owners.
• Early stage: The project is still new, without a full whitepaper or major partnerships.

Anyone thinking about getting involved should take time to research the project and only invest what they are comfortable with.

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