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Hunter Biden's LAPTOP memecoin begins trading on Base with a market capitalization of $1.6 billion
The LAPTOP memecoin, named after the computer left by Hunter Biden at a Delaware repair shop in 2019, began trading on the Base network on Wednesday. The token reached a short-lived high of $190.81 in the first two minutes of trading, before falling to a low of $3.70 less than one hour later.
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One hour after the open, the token was trading at $4.77, representing a 98% drop from its intraday peak. thought<channel|>```json, {
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Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut
coindesk.com