LABUBU Meme Coin Hits $35 Million Market Cap Peak

LABUBU, the meme coin associated with Labubu collectibles, surged past a $35 million market cap on May 26, 2025, facilitated by extensive retail interest and social media promotion.

LABUBU’s significant market cap surge reflects retail popularity, driven by the Labubu collectible IP and social media engagements. This wave corresponds with broader meme coin market trends, emphasizing the power of viral promotion.

The LABUBU meme coin has experienced a notable spike, more than doubling its market cap to exceed $35 million. On-chain data shows elevated trading volumes and a surge in the number of holding addresses post-May 14.

LABUBU’s project emphasizes community growth without disclosing named leadership. Key opinion leaders and social media promotion contribute to the buzz, while Labubu-themed imagery amplifies viral market activity.

“Used Labubu-themed imagery and commentary, helping catalyze the run-up in LABUBU’s price.” — Ansem, Crypto Key Opinion Leader, source

Indirect effects include a broader meme coin sector rally involving assets like Bitcoin and Ethereum. This market atmosphere encourages speculative activity similar to prior meme coin booms for coins like DOGE and SHIB.

Financial implications highlight retail-driven speculation, with no visible institutional participation or regulatory comments. Market conditions favor speculative flows into high-risk assets as seen with meme coins.

Historical trends suggest LABUBU’s surge follows a pattern seen with previous meme coins, often driven by social media and retail excitement, rather than technological advances. This environment fosters similar activities across meme and Layer 1 tokens.