Hunter Biden-linked memecoin LAPTOP sheds 99.9% after launch

The LAPTOP memecoin tied to Hunter Biden has lost 99.9 % of its value since launch, pushing its market cap below 25 million dollars.

Analysts accused the project team of pocketing at least 10 million dollars. Hunter Biden called the claims false, insisting no tokens have been sold from the team wallet.

He labeled the episode “terrible,” demanded the wallet address behind the calculations, and noted that founder tokens remain locked for six months before gradual release over more than two years. The team had earlier blamed sniper bots and thin early liquidity for the crash.

Based on information from https://cryptonews.net