What Happened to Hunter Biden’s $LAPTOP Meme Coin and Why Did It Collapse?
TLDR
- Hunter Biden’s $LAPTOP meme coin lost roughly 98% of its value within minutes of launching
- A market maker error left only $5,000 in liquidity against massive demand
- One mystery trader turned $250,000 into $1.18 million during the chaos
- About 80% of traders lost money, with more than 15,000 wallets ending in the red
- Biden accepted responsibility and said he plans to “make it right,” but gave no details on investor compensation
Hunter Biden’s $LAPTOP meme coin launched on Wednesday and collapsed almost immediately, wiping out the majority of its early investors in a matter of minutes.
- Hunter Biden (@HunterBiden) September 11, 2026
The coin was named after the laptop controversy that followed Biden for years. He said the symbol had become one of “resilience, redemption and recovery” for him personally.
Trading started fast. The token’s price shot up from around $2.39 to as high as $316 on some platforms before crashing below $4. Other data feeds showed the peak closer to $190. Either way, the drop was steep.
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