LAPTOP, a meme coin associated in the source report with Hunter Biden, briefly dropped below $5, according to data cited by Odaily from GMGN. The move leaves the token down about 97% from the high reached after its launch, based on the figures provided in the newsflash. Odaily did not provide more detail on the timing of the peak or the token’s broader trading history in this item, but it did flag the scale of the decline as a sign of sharp price swings in the meme-coin segment. The outlet also included a risk reminder, saying meme coins can see significant volatility and urging investors to participate with caution. The report was published as a short market update and centered on the latest quoted price move and the drawdown from the token’s earlier high.
LAPTOP, a meme coin identified in the source report as tied to Hunter Biden, briefly fell below $5, according to GMGN data cited by Odaily.
The token is down about 97% from the price high reached after launch, the report said.
Odaily also warned that meme coins can be highly volatile and urged investors to take a cautious approach.
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