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LAPTOP crash đź’Ą
Hunter Biden's meme coin debut was an inauspicious one, as the LAPTOP token slumped 99% on its launch.
📝 What you need to know
Hunter Biden’s controversial LAPTOP meme coin launched Wednesday morning, and followed a familiar trajectory—pumping, then dumping 99%.
The token plunged as thin liquidity hit a wave of selling, mirroring that of prominent political meme coins like TRUMP and MELANIA—an outcome flagged by Decrypt as likely ahead of its launch.
On social media, Biden argued that naysayers had “PTSD” from “Trump, Melania, Kanye, Lil Pump, and Andrew Tate's memecoins,” and to be fair, LAPTOP does have tokenomics mechanisms that play out over months rather than hours—but it now has a long way to climb.
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