Biden's LAPTOP Fund Suspends Account Amid Market Manipulation

Hunter Biden, son of former US President Joe Biden, has announced that the X account for the LAPTOP fund is currently suspended due to a high demand and market manipulation.

In an attempt to restore liquidity and stabilize the market, the team will be releasing information on Medium while the account is suspended. The explanation provided states that after establishing an initial liquidity pool with $20,000 worth of LAPTOP at 0.05 USD per coin, the fund faced intense demand and market manipulation by bots.

To improve market liquidity, the team has begun to deploy 4 million LAPTOP coins into the Aerodrome liquidity pool as an incentive, which accounts for 0.4% of the total supply.

In addition to this, two prediction events will be settled with a 'YES' outcome, and 10 million LAPTOP coins will be destroyed within the first week of its launch, accounting for 1% of the total supply.