LAPTOP, a meme coin launched by Hunter Biden, fell to $0.739, down about 99% from its post-launch high and nearly worthless. GMGN data showed 24-hour trading volume of about $15.1 million. Hunter Biden said excessive attention at launch overwhelmed available liquidity, while technical problems and snipers trading ahead of liquidity providers contributed to the short-term price surge and subsequent collapse. He said the team’s token holdings were locked, team members had neither sold nor been able to sell, and he had earned nothing from the project. Odaily warned investors that meme coins can experience sharp price swings.