The Memecoin Mirage: What Hunter Biden's $LAPTOP Fiasco Reveals About Crypto and Politics Hunter Biden's foray into cryptocurrency, a token dubbed $LAPTOP, has left more than just a paper trail of losses in its wake.
The launch's dizzying highs and subsequent crash offer a glimpse into the seedy underbelly of crypto finance, where hype and speculation often trump substance.
When trading opened on Coinbase's Base blockchain, Biden's token reached an absurd valuation of over $144 billion within minutes.