What Is Labubu (LABUBU)? How to Trade It on Phemex

Labubu coin (LABUBU) has emerged as a vibrant Solana-based meme coin, capturing attention with its playful roots in Pop Mart’s Labubu collectible toys. Launched in 2024, LABUBU blends community-driven culture with Solana’s high-speed, low-cost blockchain, making it a notable player in the meme coin market. Whether you’re curious about its features, exploring how to buy Labubu on Phemex, or researching its market dynamics, this guide provides a comprehensive overview. From tokenomics to its comparison with Pepe Coin, we cover essential details to help you understand LABUBU’s role in 2025’s crypto landscape. Dive in to learn more, but always conduct your own research before trading.

Labubu (LABUBU) Quick Facts

• Ticker Symbol: LABUBU

• Chain: Solana

• Contract Address: H8Nksq1Ty6n39KFqyarsy6TFobE25rFXoc7hV8RvoEm1

• Circulating Supply: 999,980,482

• Max Supply: 999,980,482

• Primary Use Case: Community-driven meme coin on Solana, inspired by Labubu collectible toys

• Current Market Cap: ~$48 million (June 2025, check live data for updates)

• Availability on Phemex: Trade on both Phemex Spot 

Labubu's tokenomics (Official website)

What Is Labubu Coin?

Labubu coin (LABUBU) is a Solana-based meme coin launched in October 2024, inspired by Pop Mart’s Labubu collectible toys. It leverages Solana’s fast, low-cost blockchain to facilitate community-driven initiatives and digital transactions. As of June 2025, LABUBU has a market cap of approximately $48 million, having peaked at ~$70 million after a 5,900% price surge post-launch, per CryptoRank. As a fan-driven project, LABUBU is not officially affiliated with Pop Mart, distinguishing it as a grassroots effort in the meme coin ecosystem.

How Many Labubu Tokens Exist?

LABUBU has a fixed supply of 999,980,482 tokens, all in circulation, ensuring transparency. Its tokenomics, as detailed by CoinStash, include:

• 100% Community-Owned: Launched fairly via Pump.fun with no pre-mining or team allocations.

• Zero Transaction Tax: No fees for buying, selling, or transferring, supporting frequent trading.

• Locked Liquidity: The liquidity pool is permanently secured, enhancing stability.

These features align with LABUBU’s community-focused design, making it accessible for meme coin traders.

What Are Labubu’s Use Cases?

• Cultural and Transactional Token: LABUBU operates as a meme coin connecting Pop Mart’s Labubu toy fans.
• Community Engagement: Facilitates online community initiatives for enthusiasts.
• Digital Collectible: Acts as a digital collectible for Labubu toy fans.
• Solana Blockchain: Powered by Solana’s low-cost blockchain for efficient transactions.
• Zero Transaction Tax: Enables microtransactions like peer-to-peer tipping and small-scale exchanges.
• Social Interactions: Ideal for fostering social engagement within the community.
• Playful Branding: Introduces newcomers to cryptocurrency with an engaging entry point.
• Cultural and Practical Blend: Combines cultural appeal with practical utility in the blockchain space.

How Does Labubu Compare to Pepe Coin?

LABUBU and Pepe Coin (PEPE) are prominent meme coins, each with distinct characteristics. The table below compares their key features to provide clarity for those exploring meme coin options:

LABUBU’s Solana base offers cost and speed advantages, while PEPE benefits from Ethereum’s broader ecosystem, per CoinMarketCap. This comparison outlines their differences for informed decision-making. Explore more meme coins on Phemex’s market page.

What Technology Powers Labubu?

LABUBU operates on Solana’s blockchain, utilizing Proof of History (PoH) and Proof of Stake (PoS) for sub-second transaction speeds and minimal fees. Solana’s scalability supports LABUBU’s community activities, while its energy efficiency aligns with sustainable crypto trends. 

Who Created Labubu Coin?

LABUBU was launched in October 2024 via Pump.fun by an anonymous team, a common approach in meme coin projects. It emphasizes community ownership with no venture capital or corporate backing, aligning with decentralized principles.

What Is Labubu’s Community Presence?

LABUBU has cultivated an active community, particularly on social media platforms like Twitter and Discord, where meme coin enthusiasts share updates and engage with the project. While specific metrics (e.g., follower counts) vary, the community drives LABUBU’s visibility and cultural relevance, contributing to its market growth since launch. Stay connected via Phemex’s news section.

What Factors Should You Consider Before Trading Labubu Coin?

Trading LABUBU involves understanding its market dynamics and risks, as with any meme coin. Key factors to consider include:

• Market Volatility: LABUBU’s price surged 5,900% post-launch but remains subject to sharp fluctuations, typical of meme coins.

• Community Influence: Its value is heavily driven by social media hype and community engagement, which can be unpredictable.

• No Pop Mart Affiliation: LABUBU is a fan-driven project, not endorsed by Pop Mart, potentially affecting its long-term brand alignment.

• Solana Ecosystem: LABUBU benefits from Solana’s low fees and speed, but its success depends on the broader Solana meme coin market.

As of June 2025, LABUBU’s market cap is ~$48 million, per CryptoRank. Meme coins are speculative assets, and market conditions can change rapidly. Research thoroughly and monitor live prices on Phemex’s trading dashboard. 

How to Buy Labubu Coin on Phemex

To buy LABUBU on Phemex, follow these steps:

1. Sign up for a Phemex account and complete KYC if required.

2. Deposit USDT or supported assets into your Phemex wallet.

3. Visit the LABUBU/USDT trading pair on the main exchange.

4. Place a market buy for instant execution or a limit order for your target price.

5. Store tokens in your Phemex account or transfer to a Solana-compatible wallet.

Start trading on Phemex Spot

Why Labubu Matters in 2025

LABUBU combines meme culture with Solana’s advanced technology, creating an accessible entry into cryptocurrency. Its community-driven approach and zero-tax transactions distinguish it in the meme coin market. Whether exploring LABUBU or other Solana projects, stay informed with Phemex.

Disclaimer

The content of this article is for informational and educational purposes only and should not be construed as financial, investment, or legal advice. Cryptocurrency and tokenized asset investments carry significant risk, and past performance is not indicative of future results. Always conduct your own research or consult a qualified financial advisor before making investment decisions.