From 98% Crash to Political Mockery: Unpacking the LAPTOP Meme Coin Disaster
0xPlanB
At 11:47 AM on September 9, 2024, a meme coin launched by Hunter Biden's network hit the market with great fanfare. Within minutes, its price had dropped 98%. The data came in clean, no ambiguity, no post-hoc spin. That's the hook that stopped most observers in their tracks: a launch so steep it looked engineered rather than organic. LAPTOP, the token tied to Hunter Biden's venture, didn't just dip. It imploded under raw market pressure, leaving early buyers staring at empty screens while the project rushed into damage-control mode.
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