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LAPTOP meme coin on Base spikes, then loses value

HomeMarketsLAPTOP meme coin on Base spikes, then loses value

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The LAPTOP meme coin, launched by Hunter Biden, is a notable entry into the cryptocurrency market on Base, a layer-2 Ethereum network operated by Coinbase. In 2023, one billion LAPTOP tokens were issued, marking a significant move within the meme coin segment. The Wall Street Journal reported on September 7, 2026, about the planned launch, with Hunter Biden tweeting his confirmation the following day. This event highlights the growing interaction between political figures and digital currencies.

The LAPTOP token launched in September 2026, beginning public trading on its launch day. Its price reached a peak two minutes after launch, registering an immediate and brief spike. That initial spike was followed by a rapid decline that left the token with almost all of its value gone by the end of the same day. Immediate market activity centered on the swift peak within minutes and the near-total loss of value during the launch day overall. These movements took place on the token’s launch date and were confined to the same calendar day. The immediate price spike and subsequent collapse defined the token’s opening-day market record.

The tokenomics set specific burn conditions tied to three events: a Democrat winning the 2028 presidential election, Bitcoin setting another all-time high, and LAPTOP’s fully diluted valuation surpassing that of the TRUMP token. The plan specifies that if a burn condition does not resolve as specified, a proportionate share of tokens will go to charity. These conditional provisions define how tokens are allocated depending on whether the listed events occur.

The paragraphs above present the token’s stated allocation framework without analysis. They describe conditional burn triggers and designated charitable commitments. No further mechanisms or commentary are included in this section.

The TRUMP token launched in January 2025 and initially reached a peak near $75 after launch. By September 2026 it traded around $2.24, a decline of roughly 97% from its peak. A coin tied to Melania Trump followed a similar path. The reported figures represent peak prices shortly after launch and valuations measured in September 2026.

Hunter Biden is part of the LAPTOP project’s founding team rather than serving solely as an endorser. The team declined to comment to the Wall Street Journal. The account of team involvement and token designations was recorded without comment in the Journal report. Meme coins carry no claim on revenue, assets, or governance. They typically trade on attention.

This section summarizes related token performance, team involvement, and the general characteristics of meme coins. No additional commentary or analysis is included here.

The LAPTOP meme coin launched on Base and was presented with tokenomics that tie outcomes to political events and cryptocurrency benchmarks. The project lists conditional burn and charitable allocations and reserves tranches for specific groups, and the founder team includes Hunter Biden rather than only an endorser. As a meme coin, LAPTOP carries no claim on revenue, assets or governance and primarily trades on attention.

This website and its articles do not provide any investment advisory services within the meaning of applicable regulations. The information published may be incomplete, outdated, or contain errors. The author makes no representation or warranty regarding the accuracy, completeness, or timeliness of the information presented. Use of this information is entirely at the reader’s own risk. Under no circumstances shall the author be held liable for financial decisions made on the basis of the content published on this website.
Crypto Fan
Crypto Fanhttps://calipsu.com
Calipsu.com is dedicated to providing clear, reliable, and accessible information about cryptocurrencies, blockchain technology, and decentralized finance (DeFi). Its mission is to help readers better understand a rapidly evolving ecosystem that is often complex, technical, and misunderstood. The platform covers a wide range of topics, from major blockchain networks and crypto assets to DeFi protocols, Web3 applications, and emerging trends. The website also publishes practical guides and tutorials that explain how decentralized tools function, such as wallets, staking mechanisms, lending protocols, and liquidity pools. These guides aim to describe processes and risks clearly, helping readers understand the mechanics behind DeFi rather than encouraging participation.

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