A certain first-generation LABUBU was sold at auction for 1.08 million yuan.

DailyNews
MEME-0,59%

Odaily News A globally unique mint green LABUBU made its debut at the auction, with a final hammer price of 1.08 million yuan, and the auction has now closed. The LABUBU measures 131cm in height, made of PVC, and is mint green, with a note stating “the only one in the world.” Additionally, a globally limited edition of 15 brown LABUBU was sold for 820,000 yuan. Affected by this, according to GMGN data, the market capitalization of the Meme coin LABUBU has exceeded $33 million, with a 24H increase of 55.29%. Odaily reminds users that the price of Meme coins is highly volatile, and investors should participate with caution.

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