Donald Trump · Joe Biden · Ethereum · New York · Cointelegraph
[Update, Sept. 9, 3:45 p.m
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
Hunter Biden’s LAPTOP memecoin fell 95.7% in its first hour of trading on Wednesday, as the son of former US President Joe Biden officially entered the market for politically themed cryptocurrencies.
Key facts
- The token, issued on Ethereum layer-2 network Base, traded at $2.0977 at 3:45 pm UTC, after opening at $199.50, according to CoinGecko data
- Hunter Biden’s LAPTOP memecoin fell 95.7% in its first hour of trading on Wednesday, as the son of former US President Joe Biden officially entered the market for politically themed cryptocurrencies
- Founders, including Biden, are allocated 300 million tokens, or 30% of the supply
- The project’s disclosures say LAPTOP has no utility, lock founder tokens for six months and reserve 2% for wallets that lost money on TRUMP
Summary
The project’s disclosures say LAPTOP has no utility, lock founder tokens for six months and reserve 2% for wallets that lost money on TRUMP. [Update, Sept. 9, 3:45 p.m. The token, issued on Ethereum layer-2 network Base, traded at $2.0977 at 3:45 pm UTC, after opening at $199.50, according to CoinGecko data. Most of the top holders are wallets funded in the past 10 days, according to onchain data visualization platform Bubblemaps.