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Posted on 09/10/2026 8:46:51 AM PDT by yesthatjallen
Hunter Biden’s LAPTOP memecoin launched Wednesday morning, and the first hours of trading followed the script a lot of people expected. However, the sheer size of the move still managed to surprise the crypto market. The token named after the laptop that defined years of political attacks on Biden initially spiked to a fully diluted valuation above $100 billion that looked absurd even by memecoin standards, then shed nearly all of that paper value before lunch.
The memecoin launch itself was only announced a few days ago, but after months of podcast appearances and a stretch of crypto-friendly posts on X, a branded token had started to look inevitable as far back as June.
Specific price movements on these sorts of memecoin launches can be difficult to track, as these markets fluctuate quickly and it’s often unclear whether insiders are behind much of the early trading activity. According to CoinDesk, LAPTOP began trading on Coinbase’s Base blockchain and, within two minutes, printed a price that implied a fully diluted valuation near $144 billion while the liquidity pool backing those trades held about $48,000. The Block said the token briefly reached a $110 billion market cap minutes after launch.
SNIP
(Excerpt) Read more at gizmodo.com ...
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Gee, why would people not support a crack smoking crook’s product? /s
Just another feeble scam by Hunter Biden to get money without providing goods or services.
The Biden family way . . .
Did Tucker Carlson purchase millions in Memecoin from his BFF!
These are just attempts to legally wash money.
who in their right mind would trust ANYTHING he or any biden is involved in?
Everyone is free to launch their own Sh-tcoin. Even Hunter Biden.
The funny thing is people thinking that Biden lost money on this. That could not be further from the truth. Sure, they say his 30% is locked up.
But if you think that was the ONLY money exchanged for this you are naive. Yes the price opened at $199. There were a billion coins issued. So, someone made a TON of money on the launch. You don’t think Hunter would let that slide without taking a piece do you?
Anyway, if he holds 30%, or 330 million coins, the current valuation (between $0.63 and $0.77) means they are worth a bit more than $200 million. Not a bad day’s work.
He did not do as well as Baron, but Baron was “first to market” so there is that.
I have to wonder about how many times the public will fall for this junk.
I guess there are always, Greater Fools.
“initially spiked to a fully diluted valuation above $100 billion that looked absurd even by memecoin standards, then shed nearly all of that paper value before lunch”
classic pump and dump scheme by insiders ... peasant morons get slaughtered as usual ...
Of all the people in the world we should trust the most is Hunter Biden.
Yeah. RIGHT!!
The weasel will have to brush it off and go back to his easel.
Hunter Biden’s Crypto Memecoin
Order now call 1-800-Get-Bait
Curious. Just what made this crypto worth $200 a coin when it opened and only sixty cents within a few hours??? And, in the meantime, a bunch of people made a bunch of money off of suckers.
Seems reminiscent of “blow art” work . . .
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