Hunter Biden’s $LAPTOP memecoin crashes shortly after launch
$LAPTOP token loses 98% of its value
A memecoin tied to Hunter Biden, called $LAPTOP, lost nearly all of its value shortly after it was launched, according to a Financial Times report published on September 9, 2026.
The token's price fell by 98% following its debut, the report said. The article did not provide specific price figures.
Key details from the report
- The memecoin is named $LAPTOP, referencing Hunter Biden's laptop.
- The price drop happened shortly after the token launched.
- The Financial Times report did not include details on who created the token or why.
What the Financial Times says
The Financial Times article confirms the token's sharp decline but provides limited information. It does not mention the token's launch date, trading platform, or market value.
What is confirmed
Based on the Financial Times report, it is confirmed that a memecoin called $LAPTOP, associated with Hunter Biden, experienced a 98% price drop soon after its launch.
What is still unclear
The report does not clarify who issued the token, what caused the crash, or whether Hunter Biden was involved in any way. These details remain unknown.
Why the crash matters
The crash highlights the volatile nature of memecoins, which are digital tokens often based on internet jokes or celebrities. Such tokens can swing wildly in value, and investors can lose money quickly.