Event:
A very big memecoin, existing for more than 7 months, is showing incredible performance today. Within the last 24 hours, the token grew 119%, and its capitalization grew to $63.4 million. The majority understand that the token pump is okay because it is topical for a short while.
Pump review:
Having analyzed all the assets of this token in detail, our experts boldly declare that the pump is well-deserved due to its popularity and shilling on the majority of social networks. At present, the $LABUBU memecoin is a novelty and the face of the project. Their popularity and hype grow day by day, and that makes the token capitalization many times higher.
The $LABUBU team:
After having read all the posts and the team's interactions with the community, we can confidently claim that they, in particular, are worthy of thanks for the pump since they carry out required things at the right time, which also help with growth. Presently, such things are listings on various platforms.
$LABUBU Community:
Having observed multiple posts of the $LABUBU community ourselves, we are unable to ignore them either. Because of the community, there's a huge influx of new investors in the form of normal people in the token. Their shilling allows information about $LABUBU to spread across the world.
Future realities:
With all respect to the owners of this project, we do not believe that such a token will grow infinitely, we believe that it will be outdated in the nearest future and the token will begin to lose its capitalization. Even considering that now the $LABUBU symbol is a global trend, we do not believe that it will develop further.
Conclusion:
$LABUBU is among the memecoins which are currently trending and may possibly begin dumping over the next few months. We do not recommend buying this token to profit at any stage. For more information regarding the memecoin, you can view it by its contract - JB2wezZLdzWfnaCfHxLg193RS3Rh51ThiXxEDWQDpump
We are still monitoring for updates on $LABUBU.
This article is not financial advice!
