Hunter Biden’s LAPTOP blames bots after 98% crash as traders rack up six-figure losses
60-second summary
Hunter Biden’s LAPTOP memecoin crashes 98% as thin liquidity and bots distort the launch, leaving early buyers with six‑figure losses; Nansen data confirms automated traders amplified the sell‑off, while human traders scramble to limit damage. The debacle highlights how vulnerable meme tokens are to algorithmic manipulation, prompting investors to demand tighter market safeguards.
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 debut.