Hunter Biden confirms LAPTOP token ‘not a rug pull,’ just trolling Trumps
Summary
Hunter Biden released blockchain data and a project report on the $LAPTOP memecoin, saying 300 million founder-associated tokens have not moved since launch. The report says two hired market makers withdrew liquidity and profited after the token peaked near $317, leaving little liquidity for sellers. Biden said he intended to lock team tokens, disclose project details and allocate 5% to charity, while describing the launch partly as a protest against celebrity-token schemes. Founder tokens are set to remain locked for six months, and unclaimed airdrop tokens will be burned. The disclosure comes amid criticism of Donald Trump’s memecoin and a planned event for its top holders.
