After digging into the $LAPTOP

‌ charts and the news surrounding Hunter Biden's token launch, here is the full picture.

The Real Story Behind the Collapse

This wasn't a normal market correction — it was a textbook launch-day implosion driven by thin liquidity and sniper bots. The token opened at $199.50 and within the first hour had already lost roughly **98% of its value**, eventually sliding to as low as $3.70 before settling near $4.77. The team itself admitted the launch pool started at just 5 cents per token, but the market maker's liquidity was nowhere near enough to absorb the flood of automated buying bots.

The scale of the damage is staggering. Blockchain analytics firm Bubblemaps estimated that roughly 80% of traders who bought LAPTOP suffered losses, with around 100 people losing between $10,000 and $100,000 each. On-chain trackers show one trader bought 28,448 tokens at $5.97, only to watch that position shrink to about $21,000 — an 87% loss. Another wallet spent $200,000 near the all-time high and was left with just a few thousand dollars within hours. The liquidity pool backing all these trades held roughly **$48,000 shortly after launch**, while the token's fully diluted valuation briefly touched $144 billion — a valuation built on almost nothing.

Perhaps the most damning detail is the overhang from the project's own tokenomics. Founders hold 30% of the 1 billion token supply, locked for six months and vesting monthly over two years. Another 30% is allocated to a predictions mechanism tied to political and cultural events. Only 35% was unlocked at TGE, leaving the majority of supply still waiting to hit the market. The team also received 2.5 million tokens via Wintermute, which had already sold 466,255 tokens at an average of $4.47, realising roughly **$2.08 million**.

The Technical Breakdown

Looking at the 4-hour chart, the picture is brutal. Price has collapsed from $8.983** straight through every moving average. It is trading far below **EMA5 ($0.565), EMA10 ($0.843)**, and **EMA30 ($1.471) — a textbook bearish alignment with no sign of stabilisation. The MACD is deep in negative territory with DIF (-0.451) far below DEA (-0.323), and the histogram at -0.127 shows selling momentum is still accelerating. Volume is elevated at 1.47M, above the 10-period average of 2.36M, confirming that sellers remain aggressive. The 24-hour low sits at $0.333**, and with the price now at **$0.458, the support structure is extremely fragile.

Trading Plan: Short $LAPTOP

· Entry: $0.450 – $0.470
· Stop Loss: $0.550
· TP1: $0.400
· TP2: $0.350
· TP3: $0.280

The launch was chaotic, the liquidity is thin, and most buyers are underwater. With 65% of the supply still locked or allocated and the vesting schedule stretching out over two years, there is a structural overhang that will weigh on any recovery attempt. This is not a "buy the dip" setup — it's a token that is still searching for a real price floor. Use extreme caution and tight risk management.

Do you think LAPTOP can find a bottom here, or is this heading toward zero? Drop your thoughts below.