In recent years, meme coins have become a phenomenon that’s been constantly discussed.

From “adorable” characters to toy-like figures, they can create a buzz and tempt many people to follow them, both as collectors and investors.

Their appeal is simple: cute and unique visuals can actually have significant value in the crypto world.

The latest news is that Indodax will soon add LABUBU to its list of tradable crypto assets.

This listing is attracting attention because LABUBU is more than just an ordinary meme coin; it also has a strong community base and visual appeal, potentially attracting the attention of local traders.

In this article, we’ll look at basic information and the latest updates about LABUBU so Indodax users are better equipped to understand its characteristics before deciding to trade.

What is LABUBU (LABUBU)?

LABUBU originates from a toy figure created by Hong Kong artist Kasing Lung, introduced in the “The Monsters” series.

This toy was marketed through the Pop Mart blind box concept and quickly became a global trend, gaining popularity among collectors and entering mainstream pop culture.

Its popularity was bolstered by international celebrities, making Labubu not just a toy but a lifestyle symbol. Therefore, it’s not difficult to find Labubu dolls in every store.

From this cultural phenomenon, the Labubu Token ($LABUBU) was born, a meme/fan token running on the Solana blockchain. According to bitget.com, the LABUBU token emphasizes the principles of openness and fairness.

This token was launched through a fair launch mechanism with no special allocation for the team, no transaction taxes, and a total supply of 1,000,000,000 tokens, which are fully owned by the public.

This digital asset is community-driven, meaning its entire direction and existence are supported by the fan community, not by any official entity.

Although synonymous with the Labubu character from Pop Mart, this token has no direct connection or official affiliation with Pop Mart or Kasing Lung.

In fact, as reported by meme-insider.com, its status remains unverified on some crypto wallets, so users are advised to exercise caution when transacting.

The Labubu Token officially launched in October 2024 and has since become part of the meme coin wave in the Solana ecosystem, combining the spirit of collectible culture with the dynamics of Web 3.

Tokenomics & Fundamental Structure

According to data from bitget.com, Labubu Token has a total supply of approximately 1,000,000,000 LABUBU tokens, a number that is fixed from the start and cannot be increased.

This is because the minting authority has been renounced, or the permission to mint new tokens has been permanently relinquished by the creator, preventing the issuer from minting new tokens.

From a security perspective, liquidity in the liquidity pool (LP) is locked to maintain market stability and prevent market manipulation. Furthermore, every transaction, whether transfer or swap, operates with a zero-tax system, with no additional fees deducted.

Furthermore, according to meme-insider.com, LABUBU fully adopts a community-based fair launch model for its distribution.

Therefore, there is no specific portion allocated to the development team or major investors, ensuring that the entire token supply circulates evenly among the community.

Market History & Performance (2024—2025)

Prediction analysis & technical levels: support/resistance around the USD conversion price mentioned in the CMC prediction; MACD conditions, oversold, etc.

Labubu Token first entered the market in October 2024 with a very low initial price, even reaching a low of IDR 0.50 per token.

Within a few months, the token experienced a major rally fueled by community hype and the popularity of the Labubu toy, reaching an all-time high (ATH) of IDR 1,214.68 on May 30, 2025.

This increase represented a surge of more than ±5,900% compared to the initial price. However, after the euphoria subsided, the price of Labubu experienced a sharp correction of more than 90% from its ATH.

Currently, according to Coinmarketcap.com data quoted on Wednesday, September 17, 2025, LABUBU is trading at around IDR 104.54 per token, with a daily range between IDR 94.12 and IDR 104.16.

Market capitalization is recorded at around IDR 104,310,000,000, while 24-hour trading volume reached IDR 99,470,000,000, nearly equal to its market cap. This indicates intense buying and selling activity and high liquidity in the market.

The circulating supply is recorded at 997,740,000,000 tokens, which is also the maximum supply, meaning LABUBU is fully circulating in the market.

From a technical perspective, CMC AI’s predictive analysis places the support level at IDR 90-IDR 95, while the closest resistance is around IDR 110-IDR 120.

The MACD indicator is trending neutral with potential bullish momentum if buying volume increases, while the RSI has briefly approached the oversold zone, opening the door for a short-term price recovery.

This situation has left LABUBU in a consolidation phase, awaiting new community sentiment or external catalysts to determine its next direction.

Why Listing on Indodax is Important & Could It Spark More Hype?

Listing on Indodax, one of the largest crypto exchanges in Indonesia, holds strategic significance for Labubu Token.

With direct trading pairs to the Indonesian rupiah (IDR), local users have significantly easier access without having to go through stablecoins or foreign exchanges.

This not only increases the token’s visibility in the domestic market but also increases liquidity by encouraging more Indonesian traders to participate.

Beyond technical factors, a listing can also be a catalyst or driving force that can drive the price or interest in a token up through local media coverage, especially since Labubu is already popular as a collectible toy in Southeast Asia.

When coupled with community activities such as online and offline events, the potential for hype could resurface and drive short-term buying interest.

However, it’s important to remember that whenever a new token is listed on a major exchange, the risk of profit-taking is also very likely.

Early traders who already hold LABUBU may immediately sell when new liquidity becomes available, leading to high price volatility.

It’s also possible that selling from large holders (whales) could push the price down again.

In other words, a listing on Indodax has the potential to provide a breath of fresh air for LABUBU through increased exposure and liquidity, but at the same time, it still carries the risk of high volatility that investors and traders should anticipate.

How to Buy & Prepare for a Listing on Indodax

Jika LABUBU listing di Indodax, langkah pertama adalah menyiapkan dana dalam bentuk IDR atau USDT, sesuai pasangan trading yang tersedia. Setelah deposit berhasil, kamu bisa langsung melakukan pembelian di market Indodax.

Bagi yang ingin menyimpan LABUBU di dompet pribadi, pastikan sudah menyiapkan wallet Solana seperti Phantom atau Solflare, lalu lakukan withdraw dari exchange ke alamat wallet tersebut.

Jangan lupa, keamanan tetap nomor satu. Selalu cek kontrak resmi, gunakan link dari sumber terpercaya, dan hindari keputusan terburu-buru hanya karena takut ketinggalan momentum (FOMO).

Dengan cara ini, kamu bisa lebih tenang menghadapi hype dan tetap menjaga aset tetap aman.

Conclusion

So, that was an interesting discussion about LABUBU, Solana’s adorable token, which will soon be listed on Indodax! You can read more about it in the INDODAX Academy crypto academy.

In conclusion, Labubu Token offers both positive opportunities and risks. The advantages lie in the popularity of Labubu’s IP, its active community, and the potential for renewed momentum if it is listed on Indodax.

However, the risks are also clear, including the highly volatile nature of meme coins, the potential for large sell-offs, and the rapid decline of hype.

If you’re interested, it’s best to learn about the project first and start with a small capital of just IDR 10,000. Listing on Indodax can be an attractive opportunity for local traders, but remember that playing in the meme coin world requires extra vigilance.

By the way, besides broadening your investment horizons, you can also stay updated with the latest crypto news and monitor digital asset price movements directly on theINDODAX Market.

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FAQ

1.What is LABUBU (LABUBU)?
LABUBU is a Solana-based meme token, inspired by the popular toy character “Labubu.” This token is community-driven, with a renounced contract and locked liquidity, with no transaction taxes.

2.Why is this token called “cute”?
Because its visual character and branding convey a cute/collectible (toy art) feel, which attracts not only crypto investors but also toy collectors.

3.What is the total supply and how many are in circulation?
Total supply? 997,740,721 LABUBU. Currently, all tokens are claimed to be circulating (circulating ? total supply).

4How has it performed to date (2025)?
Since its launch, LABUBU has achieved significant growth, reaching its all-time high, then experiencing a major correction. Price and volume remain volatile; there is a lot of hype and active trading on DEXs and several CEXs.

5.Why did the price drop after reaching its peak?
Due to profit-taking, high meme token volatility, and liquidity distribution/exchange listing influence, many holders sold to take profits after the rally, triggering a correction.

6.Will a listing on Indodax have a significant impact?
Yes. Listing on Indodax means greater visibility and access to the Indonesian market, easier IDR transactions, and the potential for price increases if local demand is strong.

7.Is this token safe?
A: It has several positive indicators: the contract has renounced, liquidity is locked, and no large VC allocations have been announced. However, there are still risks: meme token = high risk, potential for manipulation/project lack of transparency.

8How do I buy LABUBU on Indodax?
Wait for the official announcement of the listing schedule and market pair (IDR or USDT). After going live: deposit IDR/USDT? Search for the LABUBU/IDR or LABUBU/USDT pair? Make a purchase? Withdraw to a personal Solana wallet if supported.

9.Does it have any utility other than collecting/trading?
Currently, its primary utility is as a collectible asset + meme coin/community token. No major features such as staking, dedicated NFTs, governance, or gaming have been included in recent public announcements.

Author: Boy