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Hunter Biden's memecoin, aimed at recovering Trump token losses, crashes 99% in 90 mins

short by Vaishnavi Mishra / on Wednesday, 9 September, 2026
Joe Biden's son Hunter Biden's "Laptop" memecoin crashed 99.11% within 90 minutes of launching on Wednesday. It peaked at $316 four minutes after launch before falling to $2.35. Reportedly, a portion of the tokens was intended for crypto wallets that lost money on Donald Trump's memecoin. Reacting to the crash, Trump's son Eric said, "Hunter should go back to painting."