Hunter Biden's $LAPTOP Token Spikes, Then Crashes
The token briefly implied a $144 billion valuation, but Arkham said its liquidity pool held only about $48,000.
- On Wednesday, September 9, 2026, Hunter Biden launched the $LAPTOP memecoin on Coinbase's Base blockchain, positioning the project as a reclamation of the controversial laptop that fueled years of political attacks.
- Implied fully diluted valuations briefly hit near $144 billion despite only roughly $48,000 in backing liquidity, causing $LAPTOP to crash roughly 98% within the first hour of trading on Base.
- Airdrops target Substack subscribers and investors who lost money on President Donald Trump's $TRUMP memecoin, which dropped roughly 98% from its January 2025 peak, according to project disclosures.
- Video journalist Andrew Callaghan denied involvement, stating his Channel 5 team removed their mailing list before promotional emails were sent; Base founder Jesse Pollak confirmed the network made a "conscious decision" against promotional support.
- Following a pattern of high-profile memecoins vaporizing retail value, Biden cited legal debt as motivation while founders hold 30% of tokens under a six-month lockup before vesting over two years.
135 Articles
135 Articles
Cardano Founder Mocks LAPTOP Crash as Hunter Biden Rejects Rug Pull Claims
Cardano founder Charles Hoskinson has sarcastically reacted to the sharp collapse of LAPTOP, a memecoin associated with Hunter Biden, the son of former US President Joe Biden. Notably, LAPTOP surged to nearly $320 shortly after launching on Base before losing roughly 99% of its value within hours.Visit Website
The Meme coin issued by Hunter Biden, the second son of former U.S. President Joe Biden, has been embroiled in allegations of a "Rug Pull" (investment recovery fraud) after plummeting 99% within just one hour of listing. Posts are also appearing from South Korean retail investors claiming to have suffered losses after investing in this coin. According to the virtual asset industry on the 10th, Hunter's Meme coin, "$LAPTOP," was listed at 8 a.m. …
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