Hunter Biden’s LAPTOP Meme Coin Falls 99.5% From ATH, Circulating Market Cap Estimated at...

Hunter Biden’s LAPTOP Meme Coin Falls 99.5% From ATH, Circulating Market Cap Estimated at $565MHunter Biden’s LAPTOP meme coin is trading at around $1.614, down approximately 99.5% from its all-time high of $314.94, GMGN data shows. The token fell as low as $1.116 and has recorded roughly $11.74 million in total trading volume. LAPTOP launched on Base on September 9 with a total supply of 1 billion tokens. Based on the previously disclosed initial circulating supply of 350 million tokens, its circulating market capitalization is estimated at approximately $565 million, with a fully diluted valuation of about $1.61 billion.On-chain analyst ai_9684xtpa reported that market makers GSR, G20 and Wintermute received 15.5 million, 5 million and 2.5 million LAPTOP tokens, respectively, representing a combined 2.3% of the total supply.

Source: Wu Blockchain