Hunter Biden Says $5,000 Liquidity Shaped LAPTOP Token Trading
He said a $6 purchase could have moved the token’s market capitalization by about 5% at launch.
Hunter Biden, son of former President Joe Biden, said limited liquidity shaped early trading in the LAPTOP token, claiming a $6 purchase could have moved its market capitalization by about 5% at launch.
Biden said a market maker provided about $5,000 in liquidity when the token launched. He also claimed wallet records could prove the project was not a scam.
He again addressed criticism of LAPTOP’s first-minute trading and transparency. Biden also said many Democrats misunderstand the crypto industry. He reshared an interview on X.
Sonny Jang
ReporterSonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.