Morning Minute: Hunter Biden’s LAPTOP Crashes
The meme coin plunged on its debut, as recent alt leaders and many onchain darlings slipped in a nasty day for crypto.
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Read the API docsHunter Biden's Laptop (LAPTOP) is a meme token on the Base blockchain that takes its name and identity from the widely covered media story surrounding a laptop computer belonging to Hunter Biden. It does not claim to solve a practical problem or serve a defined user group; like other memecoins, its reason for existing is cultural and community-driven rather than functional. The project describes itself as having no utility, positioning it squarely as a vehicle for shared cultural reference and community participation.
LAPTOP is a fungible ERC-20 token that lives on Base, an Ethereum layer-2 network, and inherits that network's consensus and settlement properties rather than operating its own chain; the block time recorded in the data is effectively zero, reflecting Base's role as the underlying settlement layer. The token is freely transferable and non-yield-bearing, meaning holding it produces no automatic return. Its two distinguishing design features are a large community airdrop and an event-based supply mechanism intended to expand the holder base over time.
The project description does not identify any fee stream, and no fee-based metrics are stored for LAPTOP, which means there is no protocol revenue to measure and none of the standard fee-based ratios that appear on this site for other assets are applicable here. The token is non-yield-bearing, so holders receive no distributions. What the data does capture is supply structure: circulating supply stands at approximately 828.5 million tokens against a maximum supply of 1 billion, putting supply issued at 94.31 percent of total issued supply and circulating supply at 82.85 percent of the maximum, as of the point-in-time snapshot.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.
The meme coin plunged on its debut, as recent alt leaders and many onchain darlings slipped in a nasty day for crypto.
Nansen found a $117,800 unrealized loss in one wallet as the team announced liquidity incentives and Bubblemaps flagged fresh top holders.
The team said thin liquidity and automated traders distorted the launch, while Nansen data showed some early buyers sitting on six-figure losses after the memecoin’s…
The LAPTOP project said it will add pool incentives and expects early prediction-market burns to cut supply.
Cryptocurrency named after computer linked to two criminal prosecutions against former US president’s son…