Hunter Biden-themed memecoin plummets 99% shortly after debut

A memecoin inspired by Hunter Biden, dubbed "Laptop," saw its value drop by 99.11% just 90 minutes after its Wednesday release. The token hit a high of $316 only four minutes into trading, but quickly slid to $2.35. The project reportedly aimed to compensate crypto investors who had previously suffered losses from a Donald Trump-related memecoin. In response to the collapse, Eric Trump remarked that Hunter ought to return to his painting.

by shortkt.com
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Hunter Biden-themed memecoin plummets 99% shortly after debut | ShortKT