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Crypto· Altcoins

Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut

A token tied to Hunter Biden, called LAPTOP, plunged sharply shortly after listing on the Base blockchain, wiping out almost all of its market value minutes after opening. The token’s market capitalization was reported at $1.6 billion at debut, while on-chain data show allocations to market makers a week before public trading began.

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