LAPTOP Memecoin Implodes: Hunter Biden Denies Insider Sales Amid $3.8 Billion Losses

LAPTOP memecoin, launched by Hunter Biden in support of investors who lost millions in TRUMP memecoin, plummeted nearly 99.6% from its peak value within two hours of trading opening.

Hunter Biden denied allegations that he and his team sold any tokens or profited from the cryptocurrency, stating that their token allocation remains locked.

Biden attributed the initial price spike to thin launch liquidity, technical issues, and snipers, and claimed that the project's foundation account on X has been suspended due to hacking concerns.