$LAPTOP Meme Coin Crashes After Briefly Surging to $300
On September 9, 2026, Hunter Biden launched the $LAPTOP meme coin on Coinbase's Base blockchain. In a matter of minutes, it surged to prices between $190 and over $300, only to crash within the first hour, losing up to 99% of its peak value.
The token had a total supply of 1 billion tokens, with 350 million unlocked at launch. The thin liquidity and initial hype created a perfect storm for speculation, causing prices to skyrocket before quickly plummeting back down to single-digit values.
Biden framed $LAPTOP as a 'reclamation project,' aiming to repurpose a symbol used against him in political discourse. He warned buyers not to expect price appreciation, and instead focused on creating an event-linked token burn and charity allocation mechanism.