Hunt Biden: $LAPTOP Token Defense Suffers a 98% Collapse
2026-10-08 06:18:04
CoinMeta data: Hunter Biden released a legal and accounting report regarding his $LAPTOP token, stating that the token crashed by over 98% on its first day of trading. He stated that this was not a rug pull, but rather a collapse due to insufficient liquidity from market makers. Biden mentioned that the founding team still holds 3 billion tokens, which will be unlocked over the next six months. He also noted that the $LAPTOP token was launched on September 9th, with an initial price of 5 cents, and quickly soared to 317 dollars before collapsing within just two minutes. Biden further stated that the team has committed to using 5% of the tokens for charity and plans to continue to destroy unclaimed airdropped tokens.
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Source:Cryptopolitan
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