Hunter Biden
2026-09-07 16:12:36LAPTOP token announcement coincides with crypto pullback as traders revisit the TRUMP precedent
Crypto prices slipped after Hunter Biden announced plans to launch the meme coin LAPTOP, according to market data cited by BlockBeats from HTX. Bitcoin fell about 0.7%, Ether lost roughly 0.85%, and SOL dropped around 1.17%. Several previously popular meme tokens saw steeper declines, including MEME, PONS, BONER, Basecat, ZCAT, and 牛来.
BlockBeats linked that reaction to what it described as an existing market precedent: the launch of Donald Trump’s TRUMP token on Jan. 17, 2025. The report said TRUMP surged on debut and fueled FOMO across the community, but later turned into what it called a mess for the crypto sector and drew criticism from mainstream media.
The article also reviewed data from that earlier period. Bitcoin was at $103,000 on Jan. 17, 2025, then fell about 25% over the next 52 days, with the full correction reaching 29% over roughly 80 days. Solana, then in the middle of a meme coin frenzy, posted average daily trading volume of about $4.53 billion and a single-day peak of $5.86 billion, versus about $1.915 billion in the past 24 hours. BlockBeats also listed several meme projects that peaked around that period, including ai16z, FARTCOIN, GRIFFAIN, and pippin.