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Hunter Biden's LAPTOP token loses 98% after $1.6B debut

The LAPTOP token dropped from $190 to under $4 within minutes, erasing roughly 98% of its value after a $1.6 billion launch.

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Marcus Webb · Crypto Desk · 16 Sept 2026 · 22:48 · 1 min read
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Hunter Biden's LAPTOP token loses 98% after $1.6B debut

Hunter Biden's newly launched LAPTOP token saw its price fall from $190 to under $4 within minutes, representing a loss of about 98% of its value in under an hour after a $1.6 billion debut.

Bitcoin

BTCUSD
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76037.4800▲ 0.20%
As of 16/09/2026, 23:17:36

On‑chain data indicate the tokens were distributed to market makers for a week before trading began on the Base platform.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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