ONCE THE CURIOSITY SEEKERS GOT THEIRS, THERE WAS NOBODY LEFT: Hunter Biden’s laptop-linked meme coin soars, then falls after market debut.
The $LAPTOP coin quickly surged from $37 to around $222 within its first hour. But the cryptocurrency is trading around $1.36 just after 3 p.m. EDT, according to Coinmarketcap.com, a database tracking cryptocurrency prices.
The coin dropped around 95 percent in value since its launch.
The behavior is in line with the typical lifespan of meme coins, which do not carry any intrinsic value but often surge in price because of social media hype around their launch.
Has Hunter considered selling NFTs or collectible spoons?