Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut

Crypto Insight Summary: LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before trading began. Crypto Insight Analysis: Direction: Bearish BASE Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: LAPTOP token's dramatic crash raises concerns about Base's vetting process.