Latest LABUBU (LABUBU) Price Analysis

Deep Dive

1. Primary catalyst: Exchange-driven liquidity

LABUBU’s price rose after Hotcoin launched 50x leveraged futures on June 10 and Gate.io added spot trading on May 18. These listings expanded access to speculative traders, with Hotcoin’s futures launch coinciding with a $1.02M 24-hour volume (turnover ratio 1.03). Derivatives often amplify short-term price moves, especially for low-cap assets.

2. Market dynamics: Meme coin frenzy

The broader crypto Fear & Greed Index sits at 61 (Greed) as of June 12, 2025, down from 65 the previous day but still favoring risk-on assets. LABUBU’s 48,183% 90-day gain mirrors meme coin mania seen in 2021–2024, though its -54% 30-day drop highlights extreme volatility. Analysts compare it to Squid Game Coin (Coincu), which collapsed after similar spikes.

3. Technical context: Oversold bounce

LABUBU’s 10-day SMA ($0.000886) sits below its current price ($0.000994), suggesting a short-term rebound from oversold conditions. The 7-day RSI at 43.42 (neutral) leaves room for volatility, but weak liquidity (self-reported $993K market cap) risks abrupt reversals.

Conclusion

LABUBU’s uptick appears driven by exchange-driven speculation rather than fundamentals, with high leverage and meme trends masking risks of illiquidity and potential fraud. Will LABUBU’s Solana ecosystem integration offset its lack of utility, or is this another “pump-and-dump” cycle?

TLDR
LABUBU’s 29% 24-hour price drop reflects post-listing sell pressure, Bitcoin dominance, and thin liquidity.
1. Futures listing catalyst – MEXC’s May 27 futures launch preceded a 72% weekly decline.
2. Bitcoin rotation – Altcoins bled as BTC dominance hit 63.78% (up 1% weekly).
3. Low liquidity risk – $1M daily volume (-35%) amplifies volatility.

Deep Dive

1. Primary catalyst: Post-futures listing sell-off

MEXC listed LABUBUUSDT futures on May 27 with 50x leverage, typical of high-risk meme coins. Historically, such listings trigger short-term “sell the news” behavior:
- Traders often front-run exchange listings, then exit positions post-launch.
- LABUBU fell 72% in 7 days since the futures went live, suggesting leveraged longs got liquidated.
- No follow-up announcements (partnerships, burns) to sustain interest post-listing (MEXC).

2. Market dynamics: Altcoin exodus

Bitcoin’s dominance rose to 63.78% (from 62.76% last week) as investors rotated into BTC amid geopolitical risks (U.S.-EU tariff threats) and ETF inflows ($4.2B in May). The CMC Altcoin Season Index reads “Bitcoin Season” (22/100), signaling capital flight from small caps like LABUBU.

Conclusion

LABUBU’s decline aligns with post-listing volatility and a risk-off altcoin environment. Watch Bitcoin’s dominance and whether LABUBU’s volume stabilizes above $1M to gauge recovery potential.
Could LABUBU’s meme narrative reignite if broader crypto sentiment shifts to “greed” (current Fear & Greed: 46/100)?