@seized
Prices are determined by supply and demand, sentiment is only a short-term factor.
Pop Mart replenished a large amount of Labubu, and it is said that more than 2 million units were pre-sold in one go, directly destroying the scalper prices in the second-hand market.
There is no limit on the quantity of this product, and the production capacity is increasing very quickly. Enterprises can earn the premium from scalpers in a matter of minutes, and I don’t know what those who hoard goods at a high price are thinking