LAPTOP report: the $317 price was never real due to thin liquidity
- —LAPTOP jumped from $0.05 to $316.75 in under two minutes on September 9
- —The main pool held fewer than 30,000 tokens, or 0.003% of supply
- —A $6.02 purchase pushed the displayed price up 5%
- —Liquidity within 5% of the price fell from $16,158 to zero 84 seconds after the peak
Why it matters: The case shows how thin liquidity creates fake prices at memecoin launches and adds pressure for transparency in market making.
Source: AMBCrypto