Hunter Biden blames market makers as $LAPTOP on Base's Aerodrome soars from 5 cents to $317 then plunges 98% in an hour
Hunter Biden blamed market makers for the $LAPTOP token's launch-day meltdown, in which the token rose from 5 cents to $317 before falling 98% within an hour, per The Block. A report the team commissioned says its founder tokens never moved, and Biden says he is "not walking away" from the token. A Dexscreener chart for LAPTOP/USDC on Aerodrome shows the price peaking above $300 around 08:00 before collapsing to roughly $3 within about an hour.
Hunter Biden blamed market makers for the $LAPTOP token's launch-day meltdown, in which the token rose from 5 cents to $317 before falling 98% within an hour, per The Block. A report the team commissioned says its founder tokens never moved, and Biden says he is "not walking away" from the token. A Dexscreener chart for LAPTOP/USDC on Aerodrome shows the price peaking above $300 around 08:00 before collapsing to roughly $3 within about an hour.
Key facts
- Hunter Biden blames market makers for the $LAPTOP token's launch meltdown, per The Block.
- The $LAPTOP token rose from 5 cents to $317 before falling 98% within an hour, per The Block.
- A report the team commissioned says its founder tokens never moved, per The Block.
- Biden says he is "not walking away" from the token, per The Block.
- A Dexscreener chart for LAPTOP/USDC on Aerodrome shows the price peaking above $300 around 08:00 before collapsing to roughly $3 within about an hour.
- Hunter Biden denied that the LAPTOP team sold tokens, per Cointelegraph.
- Hunter Biden directly denied that the LAPTOP team sold tokens, per Cointelegraph's October 7, 2026 report.
Sources · 2 sources
- CO
Cointelegraph@CointelegraphPost on X ·
🚨 INSIGHT: Hunter Biden blames market makers for LAPTOP’s 98% launch-day crash and denies the team sold tokens. https://t.co/4AKCRIfsxP
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Hunter Biden blames market makers for $LAPTOP's launch meltdown, when the token soared from 5 cents to $317 before plunging 98% in an hour. A report the team commissioned says its founder tokens never moved, and Biden insists he's "not walking away." https://t.co/085292oMIg
Open source