According to ChainCatcher, data from GMGN shows that within 40 minutes of its launch, the meme coin LAPTOP, issued by Biden’s son, saw its fully diluted valuation plummet from a peak exceeding $300 billion to $5 billion, with a trading volume of $6.89 million during the same period.
LAPTOP Meme Coin FDV Drops from $300B to $50B in 40 Minutes
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Summary
The LAPTOP meme coin, associated with Biden’s son, saw its fully diluted valuation drop from $300 billion to $50 billion in 40 minutes. Such highly volatile assets may appear on altcoins to watch lists. Trading volume reached $6.89 million during the same period, underscoring the rapid and unpredictable nature of meme coin markets.
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