Hunter Biden Meme Coin Sucks Market Dry Before Launch, Robinhood Ecosystem Meme Coins Fall Broadly

Possibly influenced by news that Hunter Biden, son of former U.S. President Joe Biden, is set to launch a Meme coin $LAPTOP named after his "laptop incident," popular Meme coins in the Robinhood ecosystem have fallen broadly. Among them, PONS has dropped nearly 9% since the token announcement, with market cap falling to $726 million; CASHCAT has dropped nearly 10% since the token announcement, with market cap falling to $190 million; AI has dropped over 10% since the token announcement, with market cap temporarily at $179 million; MEME once dropped over 20% since the token announcement, with market cap falling to $91 million; microduck once dropped over 25% since the token announcement, with market cap falling to $17 million. Price calculations are based on measurements taken after the token announcement disclosure at 22:50 Beijing time.