LAPTOP meme coin crashes 99% shortly after Base launch

The LAPTOP meme coin, inspired by Hunter Biden's laptop, experienced a 99% price drop shortly after launching on Base. Despite reaching a peak price of $190.81, data from Bubblemaps shows that over 80% of purchasing wallets were in the red, affecting more than 11,500 addresses. The project's tokenomics and marketing strategy, which included airdrops to TRUMP token holders, have been criticized for failing to protect investors from high volatility and low liquidity.