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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.
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Hunter Biden's $LAPTOP Meme Coin Tanks
Hunter Biden's entry into the same-coin craze went south in record time. His new cryptocurrency token, $LAPTOP,shed shortly all its value within minutes of its Wednesday beginning, sliding from about $190 a token to under $2, reports the Washington Post. Bloomberg quotes traders who feel "the token up before...
·Miami, United States
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A cryptocurrency launched by Hunter Biden, the son of former American President Joe Biden, collapsed almost completely just a few minutes after the launch. The coin started from a value of over $200, but quickly lost almost the entire amount, reports The Washington Post.
Coverage Details
Total News Sources151
Leaning Left26Leaning Right24Center54Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 25%
C 52%
R 23%
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