LAPTOP memecoin surged to $190 before collapsing

A launch followed by a sharp fall

The Hunter Biden-themed LAPTOP memecoin launched on Base on a Wednesday. According to the figures in the original report, its price reached $190.81 within the first two minutes.

Within an hour it had fallen to $3.70, and at the time of that report it was trading at around $1.90. These are reported launch figures, not a current price quote.

What that meant for buyers

A purchase near the peak could lose almost all its value very quickly. A fall from $190.81 to $1.90 amounts to roughly 99%.

Why the initial rally is not evidence of value

A famous name, a fast launch and a sharp early pump can attract buyers without establishing lasting demand or underlying value. Entering after the initial hype can leave a buyer exposed to an immediate collapse.

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