LAPTOP surged above $300 within minutes of launch before collapsing to $1.80 by afternoon, despite an implied valuation of $111 billion against a liquidity pool reportedly worth only thousands of dollars.
The token, promoted to traders who had lost money on another Solana token, triggered a fresh round of losses. A discussion involving @intangiblecoins, @jonshapeshift, @kain and @tayvano_ is scheduled for 4 p.m. ET.
LAPTOP Token Crashes From Over $300 to $1.80 After Launch
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