Markets· ★★· bearish·

Hunter Biden-themed memecoin LAPTOP crashes 99% after $199 debut

  • —LAPTOP peaked at $199.51 on September 9, bottomed at $0.192, rebounded to $0.24
  • —The drop from the peak was about 99%
  • —Bubblemaps: about 80% of traders suffered losses
  • —Causes were low liquidity and sniper bots at launch
Why it matters: Another celebrity-themed memecoin failure boosts demand for on-chain tools that verify wallets and bundle trades before buying.
Source: TokenPost
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