Hunter Biden Meme Coin Implodes 98% in Debut Trading

Hunter Biden's debut memecoin, Hunter Biden's Laptop ($LAPTOP), saw an explosive but short-lived rise in value. Launched on September 9th at 8 a.m., the coin initially jumped 200% in its first few minutes of trading.

However, this surge was followed by a sharp decline, with the coin shedding 98% of its value within hours. By 9 a.m., it had dropped 95%, according to data from Base.

The current price of $LAPTOP is $1.81, and its fully-diluted market cap stands at approximately $1.76 billion, as per Coinbase's Base app.