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Hunter Biden's LAPTOP Meme Coin Implodes in Sudden Crash

Guavy AI Editorial Team
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APT OP TRUMP TRU
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The LAPTOP meme coin, launched by President Joe Biden's son Hunter Biden, has crashed by over 90% from its peak valuation in just a few hours after launch.

This comes as onchain data shows a heavily concentrated supply, with some traders profiting from the meme coin while others have taken losses.

The token had launched with an FDV of just above $100 billion and sharply wicked above $200 billion before plummeting to new lows, according to DexScreener data.

Hunter Biden had touted his meme coin as a dig at President Trump's TRUMP token, saying he would airdrop up to 20% of the supply to traders.

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