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● TRACKER Updated 5d ago · 6 sources tracked

Hunter Biden’s Crypto Offering Plummets Upon Launching

A new memecoin named LAPTOP, associated with Hunter Biden, collapsed shortly after its debut. The token experienced an initial surge before plunging nearly 98% on its first day. According to CryptoSlate, the token peaked two minutes after launch and then dropped more than 95%, resulting in financial losses for over 12,000 traders. The asset's rapid decline follows a brief period of high volatility immediately following its introduction to the cryptosphere.

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  • ✓ Hunter Biden launched a memecoin called LAPTOP.
  • ✓ The LAPTOP token crashed shortly after its launch.
  • ✓ The memecoin lost nearly 98% of its value on its first day.
🛡️ Source Corroboration: 6 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

The LAPTOP token launched, peaked within two minutes, and lost nearly 98% of its value on day one.

Live updates

  1. Hunter Biden's LAPTOP Memecoin Crashes Following Launch

    A new memecoin named LAPTOP, associated with Hunter Biden, collapsed shortly after its debut. The token experienced an initial surge before plunging nearly 98% on its first day. According to CryptoSlate, the token peaked two minutes after launch and then dropped more than 95%, resulting in financial losses for over 12,000 traders. The asset's rapid decline follows a brief period of high volatility immediately following its introduction to the cryptosphere.

    Why it matters

    The coin draws its identity from the widely discussed laptop belonging to Hunter Biden. This launch represents an intersection of political notoriety and high-risk cryptocurrency speculation.

    What is confirmed

    • Hunter Biden launched a memecoin called LAPTOP.
    • The LAPTOP token crashed shortly after its launch.
    • The memecoin lost nearly 98% of its value on its first day.

    Still unconfirmed

    • More than 12,000 traders lost money after the token plunged more than 95%.
    • Hunter Biden launched the coin to cure memecoin grift.

    What to watch next

    • Regulatory investigations into the token's launch
    • Statements from Hunter Biden regarding the coin's ownership
    Sources used for this update (6)
    1. WSJ — Exclusive | Hunter Biden (and His Laptop) Enter the Cryptosphere With New Meme Coin
    2. The New York Times — Hunter Biden’s Crypto Offering Plummets Upon Launching
    3. The Washington Post — Hunter Biden’s ‘$LAPTOP’ crypto coin crashes minutes after launch
    4. qz.com — Hunter Biden's laptop memecoin soared, then crashed nearly 98% on its first day
    5. Bloomberg.com — Hunter Biden’s ‘Laptop’ Memecoin Surges, Then Plummets on Debut
    6. cryptoslate.com — Hunter Biden launched LAPTOP to cure memecoin grift and created a whole new batch of losers
    confidence 90%
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