LAPTOP Team Explains Price Drop, Cites Bots and Thin Liquidity

1 month ago 16

Rommie Analytics

Key Takeaways

  • LAPTOP briefly traded close to $200.
  • CoinMarketCap later showed a 97.87% decline.
  • Team cites bots and shallow liquidity.
  • Four million tokens will reward liquidity providers.
  • Ten million locked tokens face burning.

LAPTOP fell below $1 after nearing $200

LAPTOP opened at $0.05 on September 9 before briefly reaching $199.51, according to The Wall Street Journal. The token had fallen to approximately $1.30 by 4:15 p.m. ET, erasing more than 99% of the highest recorded price.

A September 10 CoinMarketCap snapshot subsequently showed LAPTOP near $0.7907, with a 97.87% decline over 24 hours. That displayed percentage was based on the platform’s reference price for the period, not the brief $199.51 peak.

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