BlockBeats News reported on June 10 that, according to Interface News, a mint green LABUBU—the only one of its kind globally—made an appearance at Yongle's 2025 Spring Auction. The hammer price was 1.08 million yuan, and the auction has now concluded. This particular LABUBU measures 131 cm in height, is made of PVC material, and is mint green in color, with a note in the remarks section stating "the only one in the world." Additionally, a limited edition brown LABUBU with a global production run of 15 pieces was sold for 820,000 yuan. Pop Mart's stock price has also surged over 10 times since February 2024, with the current total market capitalization standing at 347.6 billion HKD.
According to GMGN data, the Solana ecosystem meme coin LABUBU, inspired by Pop Mart's designer toy IP, saw its market cap surpass $39 million today. It is currently valued at $33.5 million, with a 24-hour gain of 58.87% and a 24-hour trading volume of $12.2 million.
BlockBeats reminds users that meme coins often lack real-world use cases, are highly volatile, and require cautious investment.
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