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LAPTOP Token Crashes to Near-Zero Value After Launch on Base

Guavy AI Editorial Team
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Hunter Biden's cryptocurrency token, LAPTOP, has crashed to nearly zero percent of its value after launching on Base last Wednesday. The coin surged to $199 within two minutes but dropped to around $3.70 within an hour, leaving it extremely vulnerable to sharp price swings due to thin liquidity. According to blockchain analytics, 80% of launch-day buyers were underwater, with more than 15,000 wallets affected.

Biden blamed the crash on his market maker, claiming the token had just $5,000 in liquidity. He took to X on Sunday to ask Elon Musk for help reviving LAPTOP before joking that AI could end everything by 2030.

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