The memecoin $LAPTOP, launched by Hunter Biden, made headlines after its price plummeted post-launch. According to data published by Bubblemaps, approximately 80% of participants who bought and sold the token incurred losses, with the company describing the market situation as a "bloodbath."
According to profit and loss data provided by Bubblemaps, two investors lost between $100,000 and $1 million. Around 100 investors lost more than $10,000, and 700 investors lost over $1,000. Additionally, it was noted that about 11,000 investors suffered smaller losses.

The sharp drop in the token's price after its launch also caught the attention of political figures. Eric Trump, son of former U.S. President Donald Trump, retweeted a post about the token's price drop, mocking Hunter Biden.
Eric Trump wrote in his post: "Hunter should go back to painting." This comment was interpreted as a reference to Hunter Biden's past paintings, which sparked controversy due to their high prices.
The message reposted by Eric Trump claimed that the price of the $LAPTOP token fell by approximately 98 percent within minutes of its launch. The same message noted that the project plans to distribute $LAPTOP tokens to investors who lost money on Donald Trump's TRUMP memecoin.
The $LAPTOP project was inspired by Hunter Biden's "laptop incident," which dominated American politics in 2020.
*This is not investment advice.
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