{
  "id": 8647938,
  "title": "Hunter Biden’s LAPTOP Memecoin Crashes 99% Since Launch After Topping $50 Billion Market Cap — How It Compares With Official TRUMP Token in Debut Week",
  "url": "https://urgent.news/2026/09/19/hunter-bidens-laptop-memecoin-crashes-99-since-launch-after-topping",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T03:31:17.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/crypto/articles/hunter-biden-laptop-memecoin-crashes-033117420.html"
  },
  "original_language": "en",
  "account": "Since its launch on Base, a Layer 2 blockchain created by Coinbase Global Inc., Hunter Biden's Laptop (LAPTOP) memecoin has experienced a dramatic downfall, much worse than President Donald Trump's memecoin in its debut week. When it first appeared, LAPTOP was valued at around $37, but it quickly climbed to a record high of $401.12, giving it a market cap of $50 billion. However, just an hour later, the coin plummeted by 98%, causing 80% of traders to lose their investment. On-chain data suggested the price drop was due to insider distribution rather than regular selling. The coin is still experiencing strong selling pressure and has lost more than 99% of its value in just one week.\n\nIn contrast, the Official Trump memecoin, launched in January 2025 shortly before Trump's inauguration, started at $1.20 and increased to a peak of $75.35 within two days. It too experienced a sharp decline, ending the first week at $28.89, a 2,290% return from the launch price. Despite this significant rise, the token failed to recover its former glory.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}