Cardano Founder Mocks Wiped-Out LAPTOP Memecoin After Hunter Biden's Son Loses $320k in Hours
Cardano founder Charles Hoskinson has responded to the sharp collapse of LAPTOP, a memecoin associated with Hunter Biden. The asset surged to nearly $320 shortly after launching on Base before losing roughly 99% of its value within hours. Notably, Hunter Biden's team points to Sniper Bots and thin liquidity as reasons for the crash.
Hoskinson mocked the situation by making a sarcastic remark about the LAPTOP crash. The details surrounding the collapse have raised questions about the integrity of memecoins and their susceptibility to manipulation.