Labubu Dolls, quirky characters with elf ears and toothy grin, are internet sensations. Created by Kasing Lung in 2015, their popularity exploded via Pop Mart's blind boxes and celebrity endorsements like BLACKPINK's Lisa. The craze has led to long lines, online-only sales, and figures fetching six figures. Collectors must be beware of counterfeits and authenticate by counting nine teeth.