Labubu, the little monster doll created by Hong Kong artist Kasing Lung, has become a global cultural phenomenon by 2025. From its initial status as a niche collectible to its current status as a worldwide trend symbol, the rise of Labubu not only reflects changes in consumer psychology but also mirrors the development trends of the entire Web3 collectible market.
In 2025, Labubu's market value has surpassed 500 million USD, an increase of 726.6% compared to 2024. This astonishing growth is not only attributed to Labubu's own charm but also benefits from the precise market strategy of its parent company, Pop Mart. By employing limited releases and mysterious blind boxes, Pop Mart has successfully created scarcity and anticipation, triggering a global buying frenzy.
It is worth noting that Labubu's success is not limited to the physical toy market; its NFT version is also highly sought after in the Web3 collectibles market. On the Gate NFT platform, the trading volume of Labubu NFTs increased by over 300% year-on-year in the second quarter of 2025, making it one of the most popular collectibles on the platform. This phenomenon fully reflects the trend of Labubu price increase 2025 and indicates that Web3 collectibles market trends are developing towards a more diversified and mainstream direction.
The success of Labubu is not accidental, but the result of multiple factors working together. Firstly, Labubu's design is unique and full of personality, with a cute yet slightly quirky appearance that attracts a large number of young consumers. Secondly, the limited release and blind box sales strategy used by Pop Mart cleverly leverages human curiosity about the unknown and the desire to collect.
More importantly, Labubu successfully achieved viral spread by leveraging the power of social media. According to research by GlobalWebIndex, products that are shared frequently on social media can achieve user engagement levels up to four times higher than traditional marketing channels. Labubu capitalized on this by encouraging users to share their collections on social platforms, creating a unique community culture.
In the Web3 space, Labubu's success is also inseparable from the power of the community. The high trading activity of Labubu NFTs on the Gate NFT platform is largely attributed to its active collector community. These communities are not only places for transactions but also centers for value creation and cultural dissemination. According to a report by McKinsey in 2023, 63% of successful product launches adopted community engagement strategies, and products that prioritize community building have a 28% higher customer retention rate than those that focus solely on product features.
The rise of Labubu in the NFT market marks the arrival of a new era. The traditional NFT market has been primarily dominated by digital art and game items, while Labubu's success has opened up an entirely new category: the combination of physical toys and digital collectibles. This cross-border integration not only expands the application scope of NFTs but also injects new vitality into traditional collectibles.
The success of Labubu confirms the infinite possibilities of the collectible economy in the Web3 era. Through the integration of scarcity strategies, social drive, and blockchain technology, Labubu has not only become a global cultural phenomenon but also leads a new trend in digital asset investment. The innovative features of the Gate NFT platform provide strong support for this trend, showcasing the enormous potential of the collectible market that combines physical and digital.
Risk Warning: This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services from restricted areas.
Labubu, the little monster doll created by Hong Kong artist Kasing Lung, has become a global cultural phenomenon by 2025. From its initial status as a niche collectible to its current status as a worldwide trend symbol, the rise of Labubu not only reflects changes in consumer psychology but also mirrors the development trends of the entire Web3 collectible market.
In 2025, Labubu's market value has surpassed 500 million USD, an increase of 726.6% compared to 2024. This astonishing growth is not only attributed to Labubu's own charm but also benefits from the precise market strategy of its parent company, Pop Mart. By employing limited releases and mysterious blind boxes, Pop Mart has successfully created scarcity and anticipation, triggering a global buying frenzy.
It is worth noting that Labubu's success is not limited to the physical toy market; its NFT version is also highly sought after in the Web3 collectibles market. On the Gate NFT platform, the trading volume of Labubu NFTs increased by over 300% year-on-year in the second quarter of 2025, making it one of the most popular collectibles on the platform. This phenomenon fully reflects the trend of Labubu price increase 2025 and indicates that Web3 collectibles market trends are developing towards a more diversified and mainstream direction.
The success of Labubu is not accidental, but the result of multiple factors working together. Firstly, Labubu's design is unique and full of personality, with a cute yet slightly quirky appearance that attracts a large number of young consumers. Secondly, the limited release and blind box sales strategy used by Pop Mart cleverly leverages human curiosity about the unknown and the desire to collect.
More importantly, Labubu successfully achieved viral spread by leveraging the power of social media. According to research by GlobalWebIndex, products that are shared frequently on social media can achieve user engagement levels up to four times higher than traditional marketing channels. Labubu capitalized on this by encouraging users to share their collections on social platforms, creating a unique community culture.
In the Web3 space, Labubu's success is also inseparable from the power of the community. The high trading activity of Labubu NFTs on the Gate NFT platform is largely attributed to its active collector community. These communities are not only places for transactions but also centers for value creation and cultural dissemination. According to a report by McKinsey in 2023, 63% of successful product launches adopted community engagement strategies, and products that prioritize community building have a 28% higher customer retention rate than those that focus solely on product features.
The rise of Labubu in the NFT market marks the arrival of a new era. The traditional NFT market has been primarily dominated by digital art and game items, while Labubu's success has opened up an entirely new category: the combination of physical toys and digital collectibles. This cross-border integration not only expands the application scope of NFTs but also injects new vitality into traditional collectibles.
The success of Labubu confirms the infinite possibilities of the collectible economy in the Web3 era. Through the integration of scarcity strategies, social drive, and blockchain technology, Labubu has not only become a global cultural phenomenon but also leads a new trend in digital asset investment. The innovative features of the Gate NFT platform provide strong support for this trend, showcasing the enormous potential of the collectible market that combines physical and digital.
Risk Warning: This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services from restricted areas.