
Meme coin tied to Hunter Biden collapses on debut as mystery trader pockets $1M
Four of five buyers who invested in Hunter Biden’s $LAPTOP meme coin lost money after its chaotic launch, as the token briefly spiked above $300 then fell more than 99%, while a single anonymous trader turned about $250,000 into roughly $1.18 million within minutes per Datavault AI. Analysts call the move a classic rug pull, though there’s no verified evidence Biden or the project’s founders engaged in fraud; founders are set to receive about 30% of the 1 billion-token supply with restrictive vesting.













