Latest LABUBU ETH (LABUBU) News Update

Deep Dive

1. Sentiment Overview

LABUBU’s sentiment split sharply after its June 2025 futures launch:
- Bullish traders cite Hotcoin’s 50x leverage offering (Hotcoin) and Gate.io’s May 2025 spot listing (Gate.io) as liquidity catalysts
- Bearish voices dominate Reddit/Telegram, comparing its 48,183% 3-month pump to Squid Game Coin’s collapse (Coincu)
- Neutral observers note $2.05M 24h volume despite -19.98% weekly price decline, suggesting lingering speculative interest

2. Key Discussion Themes

• Legitimacy debates: Anonymous devs and lack of Pop Mart endorsement fuel “pump-and-dump” accusations, countered by JPMorgan’s 14B RMB 2027 brand sales projection
• Volatility mechanics: 50x leverage (launched June 10) and low float (1B supply) create hypersensitive price action
• Regulatory risks: SEC’s recent Binance lawsuit dismissal hasn’t eased concerns about unbacked meme assets

3. Influential Perspectives

• Coincu researchers warn LABUBU exhibits “textbook speculative behavior” with FDV ($52.48M) disconnected from utility
• Gate.io whales accumulated pre-listing, but -10.11% 1h drop on June 13 shows profit-taking
• Solana ecosystem builders debate whether LABUBU’s traction helps or harms network credibility

Conclusion

LABUBU’s narrative balances meme-driven FOMO against structural red flags, with exchange support temporarily offsetting credibility gaps. Can onboarding mechanisms like staking or burns emerge to stabilize volatility, or will leverage-fueled trading accelerate a Squid Game-style implosion?

TLDR
LABUBU's recent news highlights explosive growth driven by exchange listings and speculative trading, but raises red flags about sustainability and regulatory risks.
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1. 74% 24h price surge amid high-risk speculation
2. Gate.io and Hotcoin listings boosted trading access
3. Fraud warnings liken LABUBU to Squid Game Coin

Deep Dive

1. Business & partnerships

• Gate.io listing (May 18): Enabled spot trading on a top-10 exchange by volume, correlating with initial price discovery. Whale activity post-listing suggests coordinated accumulation (Gate.io).
• Hotcoin futures (June 10): 50x leveraged perpetual contracts amplified volatility – trading volume spiked 31% to $2.26M within 24 hours of launch (Hotcoin).

2. Regulatory & external factors

• Unauthorized IP use: No affiliation with Pop Mart (original LABUBU toy creator) creates legal vulnerability. Analysts warn of "rug pull" parallels to 2021’s Squid Game Coin, which collapsed 99.99% post-listing (Coincu).
• Extreme valuation metrics: Fully diluted $52M market cap vs. $0 circulating supply signals pure speculation. Current $0.0112 price is 76% below June 12’s $0.05 high, showing fragility.

3. Market metrics

• 74.18% 24h pump: Driven by futures traders – turnover ratio of 0.202 suggests thin liquidity exacerbates swings.
• Contradictory signals: 7-day +8.28% return vs 24h +74% shows extreme intra-week volatility.

Conclusion

LABUBU’s exchange-driven momentum faces sustainability tests as regulatory scrutiny and meme coin fatigue grow. How long can leveraged trading offset the absence of fundamental utility?