LAPTOP Meme Coin Plummets 99 Percent After Launch

A new meme coin named LAPTOP saw a chaotic debut on the Base network this week. The token hit a peak price of 190 dollars and 81 cents within minutes of going live, but the momentum vanished almost instantly.

Following that brief spike, the price dropped by 99 percent. This extreme volatility occurred as thin liquidity levels struggled to absorb a heavy wave of selling pressure from early traders.

Market participants should view this as a reminder of the risks involved with low liquidity meme coins. These assets can gain value rapidly based on hype, but they often lose nearly all their worth just as quickly when buyers exit the position.