We are witnessing another "meme" project collapse - Labubu

Just today, the People's Daily issued a regulatory document that directly shattered market confidence, causing the stock price of Pop Mart to plummet, much like the previous outcomes of Monchhichi and the Violent Bear; it was only a matter of time before the hype faded. Yet, the surreal part is that retail investors are still engaging in a frenzied buying spree, and the demand for the third generation of physical goods remains unsatisfied...

🔍 The signs of a market crash have long been full:
1. Founders/executive team cashing out accurately and exiting.
2,618 Crazy Restock + Pre-sale until September
3. The dealer's chips have already been distributed at a high position.

When institutions and big players are smiling while counting their money and leaving, retail investors are still showing off their "spoils" of finally getting Labubu at a premium on social media. This scene is almost identical to when we in the crypto world took over the Shitcoin and thanked the "dog farm" for giving us the opportunity to get on board. 🤣

From炒鞋to炒盲盒, they are essentially the same game of human nature:
👟 Sneaker Reselling Era: Speculators Hoarding Stock → Scalpers Calling Orders → Retail Investors Taking Over
🧩 Blind box era: IP hype→ hunger marketing→ leeks take over
💰 meme coin: Discover perspective → Influencer signals → Retail investors take over

Every generation has its own "tulip". It is uncertain whether those who hoard massive amounts of goods will be able to escape unscathed in the end, or if they have the courage to clear their inventory and exit while liquidity still exists. Remember, friends, there is always a way to make money. Think more about the underlying operational principles. You can participate but be sure to withdraw in time, and don't let FOMO emotions cloud your judgment.

(Speaking of which, Labubu, hurry up and crash, drop to the bottom, so I can get a genuine one to take home, right now I only have a domestic version) 😂