Hunter Biden's $LAPTOP memecoin crashes 98% within an hour of launch
Hunter Biden launched a memecoin called $LAPTOP on Wednesday, which briefly spiked to $190.81 per token before collapsing to $3.70 within an hour, wiping out its fully diluted valuation from $144 billion to $4.8 billion. Roughly 80 percent of buyers reportedly lost money, following the classic pattern of early holders cashing out on hype before the coin's value cratered.