Biden Claims LAPTOP Has 'Opposite Tokenomics' of Trump Memecoin
Hunter Biden claimed his memecoin, LAPTOP, has 'opposite tokenomics' compared to the Trump family's memecoins. He said insiders hold 30% of LAPTOP's supply, while the Trump tokens have an 80% allocation for insiders.
Biden acknowledged that one of the market makers made a major error during launch, seeding the pool with 29,000 tokens instead of 5 million. This led to a significant price spike, which Biden called 'pure fiction.'
He took responsibility for the launch and admitted he should have explained LAPTOP more before its release to avoid skepticism.