Bubugazi

(Noun)

A hype-driven scram-like economy built around Labubu dolls, where artificial scarcity, resell markets, and influencer clout inflate plush toys into absurdly overpriced status symbols.

Basically a Ponzi scheme, but with fangs and fur.
"Dude paid £800 for a Labubu plush- classic Bubugazi victim."

See also: fangflation, Labubble, plushionomics.
by copeologist August 16, 2025
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