MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

According to GMGN data, LAPTOP FDV briefly dipped below $80 billion and has since rebounded to $94.6 billion. In the more than 20 minutes since its launch, its trading volume stood at just $4.2 million.

According to monitoring by Onchain Lens, a trader spent roughly 378.23 ETH (worth about $936,000) to buy 1.497 million PONS tokens, then sold all holdings for approximately 473 ETH (around $1.17 million). The trade yielded a profit of 94.77 ETH (about $234,800), with a return rate of roughly 25.06%.

According to GMGN data, LAPTOP’s fully diluted valuation (FDV) has quickly dropped below $30 billion, currently trading at $25.2 billion, down 71% in the past five minutes.

Well-known crypto trader Bonk Guy posted consecutive comments before and after the launch of Hunter Biden-related meme coin LAPTOP, delivering negative reviews of the token. Prior to LAPTOP’s launch, Unipcs warned followers not to lose funds over the token, labeling it an upcoming "pump and dump" scheme, and advised buying and holding USELESS while waiting for its market cap to surge to billions of dollars. After LAPTOP’s launch, Unipcs again stated in a post that the token’s launch was "much ado about nothing", noting that as he had anticipated, it spiked before falling back to near zero. He also sarcastically called out traders who had panic-sold USELESS amid LAPTOP’s launch, urging them to repurchase the token at higher prices.

According to Fortune, blockchain analytics firm TRM Labs has completed an additional funding round on top of its existing Series C financing, doubling its valuation from $1 billion to $2 billion. CEO Esteban Castano did not disclose the amount of the latest round, only describing it as "moderate" and noting the funds came from existing investors. Earlier, TRM Labs became a unicorn after raising $70 million in its Series C round. The firm is expanding its business scope from blockchain forensics to broader cybercrime investigations, and plans to launch a new client-facing platform in November to help law enforcement agencies identify financial fraud, sextortion, and child sexual exploitation crimes driven by AI and deepfake technology. Castano emphasized that AI is the company's "second growth engine" rather than a business transformation. TRM Labs expects its annual recurring revenue to reach $100 million in the coming weeks. As of early September, the company has around 500 employees with offices in London, Singapore, and Washington.

According to on-chain analyst Ai Yi (handle @ai_9684xtpa), 21 hours ago, Wintermute received 2.5 million LAPTOP tokens from the LAPTOP multisig address, then distributed the tokens to multiple exchange deposit addresses. Earlier, GSR Markets and G20 received market-making tokens several days prior, and Wintermute is likely a new market-making participant. If this transfer is indeed part of a market-making arrangement, the total amount of LAPTOP tokens allocated for market making will rise to 23 million, accounting for 2.3% of the token’s total supply. The breakdown is: GSR Markets received 15.5 million, G20 received 5 million, and Wintermute received 2.5 million.