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LAPTOP Crashes: Hunter Biden's Memecoin Launch Ends in Disaster

Guavy AI Editorial Team
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APT OP MEME
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Hunter Biden's new memecoin, LAPTOP, had a disastrous launch on Base. The token peaked at $190.81 just 120 seconds after its debut but plummeted to near $4.77 within 30 minutes and ended the day around $1.80.

The token was intended to compensate wallets that lost money on Trump's meme coin, and an airdrop was designed to reward those who held them. However, some savvy investors managed to cash in quickly, with one wallet pulling a $930,000 gain from a five-minute hold.

The broader market was largely unaffected by the launch, but it may have sent a warning signal to other celebrities and politicians' children considering launching their own coins.

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