Shocking: Hunter Biden’s LAPTOP Meme Coin Crashes 99% Within Hours of Launch
Covered by 2 sources · 2 articles
A meme coin called LAPTOP launched on Base and experienced a spectacular collapse within hours of its debut. The token peaked at $190.81 shortly after launch before losing approximately 99% of its value as liquidity dried up and sellers flooded the market. The coin briefly reached a market capitalization around $560 million before dropping near $1.61, illustrating the extreme volatility characteristic of newly launched meme assets with thin trading depth.
- LAPTOP spiked to $190.81 on launch before cratering 99%, a common pattern in low-liquidity meme coin debuts where early buyers face severe slippage on exit.
- The token's brief $560 million valuation-to-near-total-collapse cycle underscores how meme coins can attract speculative capital before rapid unwind.
- Thin liquidity pools on decentralized exchanges make meme coins especially susceptible to price swings when trading volume shifts.
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Hunter Biden's LAPTOP Meme Coin Crashes 99% on Debut
LAPTOP hit a $190.81 peak within minutes of launching on Base, then shed roughly 99% as thin liquidity met a wave of selling.
Shocking: Hunter Biden’s LAPTOP Meme Coin Crashes 99% Within Hours of Launch
LAPTOP collapsed 99.2% after launch, briefly hitting a $560 million market cap before falling near $1.61.