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Hunter Biden Laptop Meme Coin LAPTOP Crashes 99% on Base Debut

The meme coin LAPTOP crashed roughly 99% within minutes of launching on the Base network, after briefly peaking at $190.81. Thin liquidity met a wave of selling, erasing nearly all value. The token, inspired by Hunter Biden’s laptop, saw a dramatic debut collapse.

Original source

AI take

This debut crash underscores the extreme fragility of meme coin liquidity on Layer 2 networks, where thin order books can amplify sell-offs into near-total value destruction within minutes. The event affects short-term speculative traders and highlights the gap between hype-driven listings and sustainable market depth. The open question is whether platforms like Base will see more rigorous liquidity checks or if such volatility becomes the accepted norm for politically themed tokens.

Generated by AI for reference only.

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