**[Biden Meme Coin "Cools Down" the Market, Investors Concerned About Repeating TRUMP's Mistakes]** BlockBeats News, September 8: According to HTX market data, since Hunter Biden announced the launch of the Meme coin LAPTOP, Bitcoin ($BTC) has dropped approximately 0.7%, Ethereum ($ETH) has fallen about 0.85%, and Solana ($SOL) has declined around 1.17%. Several previously high-profile Meme coins have also experienced declines, with MEME down 19%, PONS down 9%, BONER down 17%, Basecat down 10%, and ZCAT down 13%. It is worth noting that Trump's TRUMP coin was launched on January 17, 2025. Although it saw a continuous surge on its release day, triggering community FOMO, its price subsequently plummeted, leaving behind a "mess" in the crypto space and drawing heavy criticism from mainstream media. Data shows that Bitcoin was at a high of $103,000 on January 17, 2025, but dropped approximately 25% over the following 54 days. At the time, the Solana network was also in the midst of a Meme coin frenzy, with an average daily trading volume of about $4.53 billion and a single-day peak of $5.86 billion (compared to approximately $1.915 billion in the past 24 hours). Some of the most popular Meme coin projects at the time reached their peaks shortly before or around the launch of TRUMP coin, including ai16z ($2.74 billion), FARTCOIN ($2.84 billion), GRIFFAIN ($640 million), and pippin (peak of $370 million).
--
24/7 Flashes
More >Today 2026-10-11