The LAPTOP meme coin surged to a peak of $190.81 within minutes of launching on the Base blockchain, before losing roughly 99% of its value. The sharp reversal came as limited liquidity encountered a wave of selling, according to Decrypt. The token is linked to the Hunter Biden’s Laptop asset listed in market data. LAPTOP’s debut highlights the extreme price swings that can occur in newly launched meme coins, particularly when trading depth is thin. The reported move took place almost immediately after launch, with the token’s initial spike followed by a steep decline. No additional price level or recovery was provided in the source material.
Source
Decrypt
Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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