A rare mint-green Labubu doll recently sold for over $150,000 at an auction in Beijing, setting a world record. Created by Hong Kong artist Kasing Lung, this quirky monster gained global fame thanks to celebrity fans and viral trends. The Pop Mart toy line experienced skyrocketing popularity, causing chaos in stores worldwide. Online theories suggest Labubu is rooted in folklore and demonic lore, fueling curiosity and frenzy among fans eager for restocks. The intense demand highlights the doll’s cultural impact and collectible value.