LAPTOP token crashed 99% on launch day; team attributes collapse to sniper bots and thin liquidity, plans pool incentives and supply burns.
Ecosystem ·
LAPTOP token fell 99% on its launch day, with the project's team attributing the collapse to sniper bots and insufficient liquidity in trading pools. The team outlined plans to address the crash through pool incentive additions and supply reductions via early prediction-market burns, according to reporting on the incident.
Sniper bots—automated trading programs designed to exploit price volatility—are commonly deployed during token launches to capture rapid gains from price swings. Thin liquidity means few tokens and stablecoins were available to absorb trading volume, making the market susceptible to sharp price movements in either direction.
The stated remedies—pool incentives to attract liquidity providers and supply burns through prediction-market redemptions—remain contingent on execution. Whether these measures will stabilize the token or reverse the loss for affected holders has not yet been determined.