NewsHK
Political memecoins have a well-worn arc. $LAPTOP, a token carrying the name of Hunter Biden, son of former US President Joe Biden, lost 95% of its market value in the hours immediately following its debut.
No market cap figure, price level, or volume data was immediately confirmed in initial reports.
The collapse fits a pattern the speculative token market has rehearsed before: a recognizable political name, a rapid launch, early buyers absorbing the entry, and a cliff.
Whether the token was authorized by or affiliated with Hunter Biden was not established. Hunter Biden's public profile has been prominent through this period.
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