What happened
The LAPTOP meme coin reached $190,81 shortly after launching on Base, then lost approximately 99% of its value.
Why it matters
The event demonstrates how sharply the value of a new meme coin can change when facing low liquidity and strong selling pressure.
The LAPTOP meme coin, associated with Hunter Biden, launched on the Base network. In its first minutes, its price peaked at $190,81, after which the asset lost approximately 99%.
According to metadata from Decrypt and Protos publications, the decline occurred amid low liquidity and a wave of sales. Protos also described the launch as accompanied by activity from early sellers and a drop in price.
The story serves as an example of the high volatility of meme coins immediately after launch. However, the available materials do not contain details about the token's creators, trading structure, or reasons for the sales, so it is premature to draw broader conclusions.
Confirmed facts
- The LAPTOP meme coin, associated with Hunter Biden, was launched on the Base network.
- Shortly after launch, LAPTOP reached a peak of $190,81.
- After the peak, LAPTOP lost approximately 99% of its value.
- Publications attribute the decline to low liquidity and a wave of sales.
- Protos reported the token's price was slightly less than $2 after the drop.
Context
Sources are presented as metadata and brief synopses of Decrypt and Protos publications, rather than full text of the materials.
What remains unknown
- Who created and controls the LAPTOP token?
- What was the actual trading volume and liquidity size at the time of launch?
- What exactly triggered the wave of sales and what role did early sellers play?
- Did the token price remain around $2 after the materials were published?
Editorial context
Confidence: medium
The likely consequence is increased attention to liquidity and early sales in new meme coins. The next observable signal will be the stability or further price and liquidity changes of LAPTOP following the initial crash. Significant uncertainty remains due to the lack of data on the token's creators, trading volumes, and the exact structure of the sales.