The invention provides a low-viscosity high-speed cigarette adhesive prepared from seed emulsion, a vinyl acetate monomer, an oxidant, an initiator, a capturing agent, an alcohol compound, a pH regulator and water, wherein the seed emulsion is one or combination of more of vinyl acetate-ethylene emulsion, vinyl acetate-acrylate emulsion, a vinyl acetate homopolymerized emulsion, the seed emulsionhaving solid content of 40.0-65.0% and viscosity of 500-5000 mPa*s. In the invention, firstly, the protective colloid in the emulsion is broken to reduce the viscosity, and then the stable emulsion system is reconstructed through polymerization, and the generation quantity of new emulsion particles is controlled, thus producing the emulsion. The viscosity of the emulsion can be lowered to 200 mPa*s, which not only satisfies the cigarette lap adhesion at the machine speed of 14,000-16,000/min but also can be used for adhesion of common materials, such as paper processing, coating decoration, nonwoven clothes, carpets, etc. The adhesive is simple in preparation method and is suitable for industrial production.