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Someone still hasn't given up on $LAPTOP. After $LAPTOP crashed 98%, this guy spent $170K to "buy the dip," buying 28,448.72 $LAPTOP at $5.97. It's now worth just $21K — down another 87%.

A person spent $170,000 to buy 28,448.72 units of the cryptocurrency $LAPTOP at $5.97 each, after its price had already fallen 98%. That purchase is now worth only $21,000, a further drop of 87%.

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What happened

A person spent $170,000 to buy 28,448.72 units of the cryptocurrency $LAPTOP at $5.97 each, after its price had already fallen 98%. That purchase is now worth only $21,000, a further drop of 87%.

Confirmed

Global impact / market context

This shows the high risk of trying to buy after a big price drop, called 'buying the dip.' Even after a 98% crash, the price can keep falling, and investors can lose most of their money quickly.

Analyst inference

Cryptocurrencies like $LAPTOP can have huge price swings. A 98% crash followed by another 87% loss suggests very low investor confidence and possible lack of real value, making such assets extremely risky for anyone putting in large amounts.

Analyst inference

What to watch

  1. Watch whether the $LAPTOP price falls further or recovers from its current $21,000 value for this investor's holdings, since the article only reports the drop so far. Confirmed
  2. Consider checking if other investors are also buying after the crash, as this single $170,000 purchase may signal whether more people see value or if it remains a falling asset. Proposed
  3. Watch for any news about $LAPTOP's underlying project or team, because without positive updates, the price could keep declining and the investor's remaining $21,000 may shrink further. Analyst inference

Affected assets

  • LAPTOP — Hunter Biden's Laptop

Evidence