The Meme token, named after Hunter Biden's laptop, reached a market value of US$144 billion in the first trading minutes in September.
The token, called LAPTOP, went online for trading on September 9. In the first few minutes of trading, its fully diluted valuation (FDV) soared to $144 billion, while the liquidity pool supporting the deals was just $48,000.
According to CoinMarketCap data, the current LAPTOP token price is approximately US$0.27. With a circulation of 350 million pieces, its current market value is approximately US$95 million, which is only 0.14% of its peak price at the beginning of the opening session.
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