LABUBU (LABUBU SOL) fell 14.10% in the last 24 hours.

Gate News Bot news, September 1st, according to CoinMarketCap data, as of the time of writing, LABUBU (LABUBU SOL) is currently priced at 0.01 USD, falling by 14.10% in the last 24 hours, with a high of 0.01 USD and a low of 0.01 USD. The current market capitalization is approximately 6.13 million USD.

Important news about LABUBU recently:

1️⃣ Pop Mart launches mini version of LABUBU new product Pop Mart officially announced the launch of the mini version of LABUBU on August 22. The product is divided into two ends A/B, with each end containing 14 regular styles and 1 hidden style. The price of a single blind box is 79 yuan, and the entire set is priced at 1106 yuan. The new product went on sale online at 22:00 on August 28, and the next day it was available offline. The launch of this new product is expected to enhance the brand awareness and market attention of LABUBU, which may have a positive impact on the LABUBU token.

2️⃣ LABUBU price continues to fluctuate The price of LABUBU token has experienced significant fluctuations over the past week. On August 28, LABUBU saw a rise of 2.58%, with a market capitalization increase of approximately $205,000, at a quoted price of $0.01. However, the latest data shows that LABUBU has undergone a substantial correction, falling 14.10% within 24 hours, with its market capitalization shrinking to $6.13 million. This price fluctuation reflects a divergence in the market's assessment of the LABUBU project.

3️⃣ The combination of the physical and digital economy has become a focal point As a well-known trendy toy brand, Pop Mart's launch of the mini version of LABUBU further combines physical trendy toys with the concept of digital collectibles. This innovative model is expected to bring more application scenarios and user groups to LABUBU, potentially becoming a driving factor for the value of LABUBU token. However, the current price fall may indicate that the market's acceptance of this combination model is still under observation.

From a technical perspective, the price of LABUBU token has shifted from a slight increase in the early stage to a significant fall. Future price trends may be influenced by the sales performance of new products, market acceptance, and the overall trend of the cryptocurrency market. Investors need to closely monitor the project's subsequent development and market reactions.

This message does not constitute investment advice; investors should be aware of market volatility risks.