Hunter Biden's LAPTOP Memecoin Pops 13%, While Bitcoin and Dogecoin Trail -- What's Going On?

LAPTOP, the memecoin tied to Hunter Biden’s laptop, jumped nearly 13% over the prior 24 hours, outperforming major tokens such as Bitcoin, Ethereum and Dogecoin, despite no clear catalyst at the time of writing. The token remains under heavy selling pressure and is down more than 99% from its all-time highs. Launched on Coinbase’s Base blockchain, LAPTOP saw a rapid spike followed by a steep drop; on-chain data cited insider distribution rather than normal selling. Its market capitalization has fallen from a peak of $50 billion to about $26 million. The article also noted that Pudgy Penguins’ token was up as analysts flagged a potential PEPE-style breakout, while Bitcoin was referenced around $80,000 versus May levels.