The $LAPTOP memecoin experienced extreme volatility during its launch, briefly reaching a market capitalization of around $110 billion in its first hour before losing more than 99%. The project’s team attributed the move to sniper bots, or automated traders targeting new token launches, and thin initial liquidity, which can amplify price swings when trading depth is limited. The project also said it will add https://t.co/UO5hAsdQll.