Hunter Biden says market maker error inflated LAPTOP valuation to $317 billion

  • Hunter Biden blamed LAPTOP’s $317 billion launch-day valuation on a market maker error.
  • LAPTOP launched on Base with a 1 billion token supply.
  • LAPTOP insiders hold 30%, versus 80% in Trump family tokens.

Hunter Biden said a market maker’s internal error caused LAPTOP’s launch-day valuation to reach $317 billion, calling the figure "pure fiction." LAPTOP launched on Base with a 1 billion token supply and is under scrutiny after an extreme price spike. Biden said the responsible firm acknowledged the mistake, attributing the market capitalization to operational failure rather than genuine demand. He has described LAPTOP as his most effective apples-to-apples troll against former President Donald Trump and contrasted its tokenomics with Trump family memecoins. Biden said LAPTOP allocated 30% of tokens to insiders and half to the community, compared with an 80% insider allocation in Trump tokens, while emphasizing transparency and the project’s political-commentary purpose.

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