Crypto

Bubblemaps: About 80% of LAPTOP Traders Lost Money After Token Crashed 99%

Sep 10, 2026 01:29 ET · 2h ago · 1

TREE NEWS reports: Bubblemaps said about 80% of traders in the Hunter Biden-linked memecoin LAPTOP lost money after the token, which briefly neared an $11 billion market cap on its first day of trading on a decentralized exchange, plunged more than 99% from above $300 to about $0.84. Two traders lost between $100,000 and $1 million, roughly 100 lost $10,000 to $100,000 and about 700 lost $1,000 to $10,000. The LAPTOP team blamed thin initial market-making liquidity and sniper bots, and said it will place 4 million tokens into an Aerodrome pool to incentivize liquidity and burn tokens via prediction-market triggers, expecting to burn 1% of supply in the first week.

Original source

AI take

The distribution of losses matters more than the headline figure: a handful of six-figure casualties alongside hundreds of smaller ones suggests retail bore the brunt while early snipers likely exited into the spike. The team's remedy — pairing tokens with Aerodrome liquidity and tying burns to prediction-market triggers — is an attempt to rebuild depth, but thin initial market-making is a structural flaw that post-hoc incentives rarely fix. Whether the promised burn pace materializes, and whether liquidity deepens enough to prevent a repeat, is the open question.

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