Labubu (LABUBU) began as a mischievous vinyl toy from a children’s picture book and unexpectedly transformed into a Solana-based meme coin.
As fans camped outside Pop Mart stores for hours, scrambled for restocks, and watched limited-edition Labubus resell for thousands of dollars, demand reached a boiling point. A life-sized Labubu recently sold for over $150,000 at an auction, once again putting the character at the center of global attention. With physical supply falling short, the unofficial $LABUBU token emerged as a digital alternative and exploded by 4,700% in just one month.
This community-driven meme token has become a fascinating bridge between viral pop culture and blockchain innovation. What started as a fan-made tribute on Solana is now being recognized as one of the fastest-rising meme coins of 2025.
What Is Labubu?
Source: POP MART
Before diving into the Labubu coin, it's important to understand its origin. Labubu is a character from The Monsters, a designer toy series created by artist Kasing Lung, known for its mischievous and whimsical appearance.a storybook series created in 2015 by Hong Kong-born artist Kasing Lung. Inspired by Nordic fairy tales, Lung imagined a world of elves, fairies, and monsters. Labubu, one of its most iconic figures, is described as a kind-hearted “elvish creature” who often causes chaos despite good intentions. With its crocodile smile, oversized eyes, pointed ears, and jagged teeth, Labubu’s look is instantly recognizable.
Originally introduced through children’s books, Labubu later captured the attention of global audiences through collectible toys. In 2019, Chinese retailer Pop Mart transformed the character into vinyl figures sold in blind boxes. These sealed packages hide which design is inside, creating mystery and excitement that sparked a worldwide collector frenzy. The thrill of the hunt, combined with scarcity and surprise, turned Labubu into a must-have among toy enthusiasts.
Celebrity endorsements from BLACKPINK’s Lisa, Rihanna, Dua Lipa, and Kim Kardashian helped propel Labubu into the mainstream. The hashtag #labubu has been used over a million times, turning the toy into both a fashion accessory and a status symbol. From Asia to Europe and the US, Labubu has become one of the most sought-after collectibles of its kind.
The Rise of LABUBU Solaba-based Memecoin
Source: LABUBU FansLABUBU Coin is a fan-created meme token built on the Solana blockchain, launched in October 2024 via Pump.fun. While not officially affiliated with Pop Mart or the Labubu toy brand, the token quickly gained traction as a digital reflection of the toy’s explosive popularity.
As Labubu toys became harder to obtain, with restocks selling out quickly, resale prices soaring, and in-store demand turning chaotic, fans turned to the token as a more accessible way to participate in the trend. $LABUBU offered global liquidity, instant access, and a sense of cultural belonging for both collectors and crypto users.
Rather than serving a technical function, LABUBU Coin represents a shared cultural moment. Born from community energy and powered by nostalgia, it has grown into a multi-million dollar digital movement that mirrors the emotional pull and scarcity-driven hype of the physical toy world.
How Did $LABUBU Surge 4,700% in One Month in 2025?
In May and early June 2025, the $LABUBU token surged 120% in three days and over 4,700% across the month. Its market cap jumped from under $1 million to more than $53 million. But this wasn’t a typical meme coin rally. Behind the spike was a wave of real-world chaos, including store shutdowns, resale frenzies, and a $150,000 auction, that pushed fans from physical collectibles to the only version still accessible: the $LABUBU coin.
$LABUBU surged 120% in 3 days and over 4,700% across the month | Source: CoinMarketCap
April to May 2025: Pop Mart Halts Labubu Sales Amid Store Chaos
In late April, demand for Labubu toys spiked. In the UK and across Asia, customers camped outside Pop Mart stores for hours and clashed with staff and other buyers. On May 3, Pop Mart confirmed to BBC News it had suspended Labubu sales in several locations due to safety concerns.
This triggered a secondary market frenzy. Blind-box toys originally priced under $30 were reselling for hundreds, while rare editions reached thousands on StockX and eBay. In China, models like the Labubu 3.0 series were flipped for five to ten times their retail price.
The impact on $LABUBU was immediate. Launched on Pump.fun in October 2024, the token had traded below a $1 million market cap for months. As physical scarcity intensified, $LABUBU surged from $814,710 to over $10 million within days, signaling its arrival on the mainstream radar.
June 10, 2025: Yongle Auction Sells Life-Size Labubu for $150,000
A life-sized mint-green Labubu sold for $150,000 | Source: Tingshu Wang, Reuters
On June 10, Beijing-based Yongle Auction held the first major Labubu auction. A life-sized mint-green Labubu figure sold for 1.08 million yuan (around $150,000), making it one of the most expensive art toy collectibles ever. All 48 lots sold out, totaling 3.73 million yuan (approximately $520,000).
The auction validated Labubu’s transformation from toy to speculative asset. While $LABUBU had already hit its all-time high of $0.06677 on June 2, the token dipped slightly before rebounding 120% in the three days following the auction. It returned to $0.060, with a market cap peaking at $53.77 million.
This moment also marked a surge in attention across crypto Twitter, Weibo, and Reddit, as the token’s chart, the auction headlines, and celebrity endorsements circulated online.
April to June 2025: Google Search and TikTok Trends Mirror Coin Momentum
Source: Business Insider
From April through June, Labubu became a breakout term on Google. Search volume spiked in mid-April and continued rising through the auction period, closely tracking both toy news and token performance.
On TikTok, the hashtag #labubu crossed 1 million uses. Unboxings, restock footage, resale reveals, and influencer reactions dominated feeds. Labubu dolls even appeared in crypto explainer videos, drawing new audiences into the story behind the token.
Together, this online momentum turned $LABUBU from a niche meme coin into one of the most visible cultural tokens of 2025.
What’s $LABUBU Tokenomics?
$LABUBU’s token structure is as simple and transparent as its meme origins. There are no insider deals, no built-in taxes, and no utility gimmicks. It’s a clean, community-driven setup.
Source: LABUBU Fans
• 100% Community-Owned: From the start, $LABUBU adopted a fair launch model through Pump.fun. All tokens were released into the open market with no early allocations or insider advantages. Every holder today is a participant, not a beneficiary of private deals or backdoor distributions.
• 0% Transaction Tax: $LABUBU charges no tax on buys or sells. Unlike many meme coins that deduct a portion of each trade, this frictionless design encourages active participation without punishing traders.
• Permanently Locked Liquidity: To protect the token’s integrity, $LABUBU’s liquidity pool was permanently locked. This ensures that no one can pull liquidity or manipulate the market, giving holders added confidence.
• No Utility Promises: There is no staking, no NFT roadmap, and no future airdrop teased. $LABUBU thrives on community energy and cultural momentum rather than speculative utility or gamified mechanics.
What Sets $LABUBU Apart From Other Meme Coins
LABUBU isn’t just trending because of market momentum. Its rise is tied to something deeper: the convergence of crypto culture and an already thriving real-world fandom. As the Labubu toy gained global visibility and scarcity, the token became more than just a meme. It became a way to participate in a movement. That real-world origin gives LABUBU a foundation most meme coins lack.
• A Global Fanbase With Years of Built-In Demand: Labubu toys have been collected, traded, and celebrated since long before the token existed. This isn’t a fandom created by crypto. It is a long-running cultural trend that $LABUBU plugged into at exactly the right time.
• Celebrity Visibility Beyond the Crypto World: Labubu’s popularity has spread organically through fashion and entertainment, embraced by global stars like BLACKPINK’s Lisa and Rihanna. These endorsements came naturally, without token promotions, giving $LABUBU relevance outside of Web3.
• A Digital Way to Join a Physical Craze: With physical toys increasingly hard to access, the token became a low-barrier entry point. Fans worldwide could now take part in the trend without relying on limited drops or reseller markets.
• A Shared Symbol Across Two Communities: $LABUBU connects toy collectors and crypto users through a shared cultural object. It is not just a speculative asset. For many holders, it represents identity, nostalgia, and a new form of participation in pop culture.
How To Buy $LABUBU on BingX
Buying $LABUBU is simple and beginner-friendly on BingX's Innovation Zone, a platform designed to help users discover emerging, high-potential crypto gems. If you prefer full self-custody, you can also swap for $LABUBU on Raydium using a Solana wallet like Phantom. But for most users looking for a quick and accessible option, BingX offers the easiest path.
LABUBU/USDT on BingX Innovation Zone | Source: BingXStep 1: Create or Log Into Your BingX Account
Visit bingx.com and sign up using your email or mobile number. If you already have an account, just log in.
Step 2: Deposit or Buy USDT
You will need USDT to trade for $LABUBU. You can deposit USDT from another wallet or purchase it directly on BingX using a credit card, bank transfer, or the P2P marketplace.
Step 3: Search for the $LABUBU/USDT Pair
Go to the Spot section and type “LABUBU” in the search bar. Click on the LABUBU/USDT trading pair.
Step 4: Place Your Order
Choose a market or limit order, enter the amount of $LABUBU you want to buy, and confirm the transaction. Your tokens will appear in your BingX wallet immediately after purchase.
Step 5: Optional Wallet Transfer to Collect Your LABUBU Token
For long-term holding or collection, consider transferring your $LABUBU to a Solana-compatible wallet such as Phantom or Backpack. Always double-check the destination address before making a withdrawal. Please note: tokens in the Innovation Zone are often more volatile. Always do your own research before trading.
Things to Look Out for Before Investing in $LABUBU
Before jumping into $LABUBU, it’s important to understand the risks and nuances involved. Here are a few things to keep in mind:
1. Multiple Tokens, One Name: There are several Labubu-themed memecoins on the market. Some are unofficial copies or low-effort clones trying to ride the trend. Make sure you're buying the correct $LABUBU token by checking the official token address, or preferably through a trusted exchange like BingX to avoid confusion or scams.
2. High Volatility Is Normal: Like all meme coins, $LABUBU is subject to large price swings within short periods. It can pump fast and retrace just as quickly. Never invest more than you’re willing to lose.
3. No Official Partnership with the Toy Brand: $LABUBU is inspired by the Labubu toy but is not officially affiliated with Pop Mart or Kasing Lung. This means future use of the IP could affect the project’s direction or reputation.
4. Speculation Drives Momentum: The token’s value is driven more by cultural interest and community activity than utility or fundamentals. Price movements can be unpredictable and often tied to social media trends or news events.
5. DYOR Is Essential: Always do your own research. Check contract addresses, monitor community updates, and avoid jumping in based on hype alone.
Future Outlook for $LABUBU: Price and Community
$LABUBU has already captured attention from both crypto traders and pop culture fans. While the token started as a meme, its future may depend on how well it continues to mirror the momentum of its physical counterpart.
• Price Momentum: $LABUBU peaked at over $53 million in market cap in June 2025. While it remains volatile, the token has shown strong bounce-back potential after each dip.
• Cultural Relevance: As long as the Labubu toy stays in the spotlight through celebrity exposure, resale spikes, or art auctions, the token is likely to benefit from renewed attention.
• Community Strength: What sets $LABUBU apart is its real fanbase. Unlike meme coins built on hype, this one is backed by collectors, creatives, and culture lovers who treat the token as part of the movement.
Looking ahead, future price action may depend on new toy drops, viral trends, or extended listings on larger exchanges. Whether the token becomes a lasting cultural asset or simply captures a moment in time, its story is still unfolding.
Final Thoughts
$LABUBU may have started as a playful tribute to a toy, but it has grown into one of the most culturally relevant meme coins of 2025. Powered by a real-world fandom, viral scarcity, and authentic community support, the token represents a rare crossover between collectible culture and crypto markets.
As Labubu continues to dominate headlines and social media feeds, the token’s future will likely follow its momentum. Whether as a trade, a cultural badge, or both, $LABUBU is shaping up to be more than just a passing trend.
That said, memecoins are highly volatile by nature. While cultural relevance can drive impressive spikes, there’s no guarantee that momentum will sustain. Always do your own research and never invest more than you can afford to lose.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, and prices may fluctuate significantly.