Crypto

Biden's LAPTOP Memecoin Crashes in Debut Trade

Guavy AI Editorial Team Published September 10, 2026

Instruments

APT OP MEME

Hunter Biden's LAPTOP memecoin debuted on Wednesday but crashed within its first hour of trading, losing over 95% of its value.

The token traded at $0.8562 by Thursday morning, according to CoinGecko data, sparking accusations of a 'rug pull' from some investors.

Biden denied profiting from the project and claimed that neither he nor his team had sold any tokens, attributing the price drop to insufficient liquidity and trading bots.

'The team's allocation is locked. Nobody on our side sold, and nobody could have,' Biden said in an X post.

The Wire

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